I just read that Reddit got acquired this morning! I've met and talked with the Reddit founders few times, once at Paul Graham's "startup school" and a couple of other times at area Boston events, like the Boston Web Innovators meetups and BarCamp Boston. Nice guys and I'm glad their hard work has paid off.
I'm happy for them but I am also a little sad that they're moving out to San Francisco. We're losing a member of our Boston area startup community! Congrats and good luck!