Cards Against Humanity buys Clickhole, turning it into an employee-owned company

Re:Cards Against Humanity buys Clickhole, turning it into an... by bluedays on Monday February 03, 2020 @10:36PM (#22232140)

So... Feel like I am asking the obvious here but is Cards Against Humanity also employee owned?

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Re:Cards Against Humanity buys Clickhole, turning it into an... by criddell on Monday February 03, 2020 @10:46PM (#22232194)

No.

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Re:Cards Against Humanity buys Clickhole, turning it into an... by mcv on Tuesday February 04, 2020 @09:54AM (#22236140)

So how can a company that's not employee-owned become employee-owned by getting bought by another company that's not employee-owned? The only way that makes sense is if Card Against Humanity was owned by the employees of Clickhole.

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Re:Cards Against Humanity buys Clickhole, turning it into an... by Latty on Tuesday February 04, 2020 @10:30PM (#22243763)

Could also just be a philanthropic act for the media attention. CaH have done a lot of advertising through weird (mostly positive) means, it wouldn't surprise me if this was just another example.

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Re:Cards Against Humanity buys Clickhole, turning it into an... by hfdh434535 on Tuesday February 04, 2020 @10:09AM (#22236346)

I'm a little unclear on the specifics too, even after reading the article. The article says "majority employee-owned company" So Cards Against Humanity still retains some ownership in it I presume.

Here's one possibility: Maybe they bought ClickHole, and gifted over 50% of shares to the employees?

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Re:Cards Against Humanity buys Clickhole, turning it into an... by criddell on Tuesday February 04, 2020 @12:50PM (#22238620)

Just a guess: Clickhole the company, owned by the employees, owes CAH $1M.

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Re:Cards Against Humanity buys Clickhole, turning it into an... by mattl on Tuesday February 04, 2020 @08:53AM (#22235487)

I thought so.

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