At the time this was declared as a user base driven acquisition where Conde Nast assumed that the largely 20 to mid 30s male readership of Pitchfork would graduate to one of their traditional style publications once they came of age. Clearly it was misguided to assume that cash strapped college grads who grew up on mp3's and ramen would graduate to Eames chairs and Zegna fleeces without some VC backed lottery payout.