Reddit Co-Founder Wants to Buy Out Jay-Z as NBA Owner

Having long since sold his social media juggernaut to Conde Nast, Reddit co-founder Alexis Ohanian now has his eyes on a different role: part-owner of the NBA's Brooklyn Nets

To make that happen, however, he'll need to strike a deal with a fellow modern magnate: Jay-Z

The Brooklyn rapper announced recently that he intends to become an agent for NBA players, meaning he'll have to sell his .067% stake in the Nets. Those are the shares Ohanian hopes to buy

The Reddit co-founder and anti-CISPA activist actually first tweeted his interest last week. But he confirmed his intentions in a Tuesday interview with Bloomberg TV's Money Moves host Diedre Bolton, the Nets Daily blog reports: Read more...