Alexis Ohanian recounts the founding of Reddit during discussions with Y Combinator co-founder Paul Graham after pivoting away from their original mobile ordering startup.
Disclosure
Ohanian resigned from Reddit's board in 2020 over hosted hate communities
“I left Reddit pretty publicly in protest back in 2020 in the wake of George Floyd, because it did not align with my views that the company would take such a stance in support of communities of color and black communities in particular, and also still have thou…”
Prediction Not checkable as stated
The AI content glut will force platforms to verify human users
“AI and the glut of AI-generated content is now going to make proof of humanity much, much more important for UGC websites, because it will be really, really important, not just to keep down spam, but because users presumably want to see what humans have to thi…”
Prediction Not checkable as stated
Live sports will be the last human entertainment domain safe from AI
“Sports, sports will be the one last place for traditional entertainment where you are guaranteed to feel the humanity. No one will want to watch robots play basketball.”
Assertion Not checkable as stated
Google tried to acquire early Reddit for a YouTube commenting system
“It actually made us an acquisition offer. It was like an acqui-hire type thing, and Google wanted to roll Reddit into YouTube, and they were gonna make us this sort of YouTube commenting system.”
Assertion Partly supported
Reddit had just $8 million in revenue and 45 employees in 2014
“It was a company that had, I think, eight million dollars in revenue that year, 2014, that's public, despite being over a decade old, and dropping, because obviously advertisers don't want to be on revenge porn websites, and so maybe 40, 45 employees, no mobil…”
Assertion Partly supported
Reddit reached $175 million in revenue and 600 employees by 2019
“Four or five years later, when I stepped back to a board-only role, I think the business was probably 175 mil in revenue, probably like 506 hundred employees, so grown a lot, learned a lot from that.”