Reddit is owned by Advanced Publications, a media company. Facebook and Google a...

		ndiscussion on March 10, 2021 \| parent \| context \| favorite \| on: Facebook and Twitter algorithms incentivize 'peopl... Reddit is owned by Advanced Publications, a media company. Facebook and Google are sucking all the profits from old media - Reddit is their hedge against that. Of course they don't complain.

New money v.s. old money.