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A onetime competitor in social news aggregation, Digg, stumbled badly in the past 18 months, losing much of its audience and running into a cash squeeze. By forbes' estimate Reddit is a paragon of thrift, spending just 7 million a year to support a 22-person payroll and 75 servers rented from Amazon's cloud. Facebook is more like. Delaware a few months ago. Those expenses are largely covered by a smattering of ads from movie studios, gaming companies, Web domain registrars and the occasional big brand such as Autodesk. "We did almost nothing to integrate Reddit into the rest of the company, sex dating in Columbus and we probably should have done even less says Bob Sauerberg, the New York-based president of Advance's Conde Nast magazine division. Reddit is a giant bulletin board made up of 185,000 forums with their own obsessions: science trivia, political arguments, videogame critiques, jokes and photos-lots of photos, of which more than a sprinkling are of cats or naked women.
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