During the Internet 2012 Bus Tour, Ohanian and a group of journalists, entrepreneurs and Internet advocates visited states traditionally thought of as agricultural epicenters.

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Ohanian spoke with CNN shortly after giving a presentation at the South by Southwest Interactive festival here -- one in which he shared stories from the Internet 2012 Bus Tour he and Reddit general manager Erik Martin launched during last year's election season.

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The bus line would like to draw in more people by offering such amenities as laptop plug-ins and wireless Internet connections--all of which take money it doesn't have.

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He has built a vast, but shaky, empire on cut-rate services--in airlines, Internet service, car rentals, online shopping, credit cards, music downloads, a movie theater, bus service and on and on.

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