
Startup Stories - Mixergy #400 Reddit Founder: “I Wish I Still Owned Reddit Now” – with Steve Huffman
5 snips
Oct 20, 2010 AI Snips
Chapters
Transcript
Episode notes
How Co-Founder Roles Complemented Each Other
- Alexis Ohanian handled PR, goodwill, and user relationships while Steve coded.
- Alexis rewarded contributors with shirts, notes, and promotion to keep the community warm and engaged.
Why They Sold Reddit (And Hindsight)
- They sold Reddit partly because of personal pressures and the risk felt right at the time.
- In hindsight Steve says he wishes he still owned Reddit, but recognizes the sale helped them survive a rough economy.
Usefulness And Stamina Matter Most
- Many startup failures stem from not building something inherently useful or quitting before iterating.
- Stamina to pivot and relentless focus on usefulness separate survivors from quitters.
