Reddit Acquired: Interview With Founders
31 October Michael Arrington
Condé Nast announced the acquisition of Reddit, a social news site, this morning for an undisclosed price. Reddit was founded in 2005 and has just four employees. This is a model company for young entrepreneurs looking to create a new startup with limited resources.
Marshall Kirkpatrick and I interviewed founders Steve Huffman and Alexis Ohanian today just hours after the acquisition was announced. While we couldn’t get them to disclose the acquisition price, they did talk about traffic and fundraising - Reddit is currently attracting around 70,000 unique visitors per day and 700,000 page views, and the company has raised just $100,000 in seed funding, all in the summer of 2005.
Time: 24:36 Minutes
Size: 5.63MB
October 31st, 2006 at 4:38 pm
October 31st, 2006 at 5:59 pm
October 31st, 2006 at 6:59 pm
October 31st, 2006 at 10:37 pm
November 1st, 2006 at 1:12 am
November 1st, 2006 at 8:30 am
November 2nd, 2006 at 12:29 am
November 2nd, 2006 at 11:18 am
November 3rd, 2006 at 8:03 am
November 9th, 2006 at 1:05 pm
November 12th, 2006 at 12:16 am
November 12th, 2006 at 8:09 am
November 12th, 2006 at 3:34 pm
November 14th, 2006 at 5:51 am
November 21st, 2006 at 12:34 am
November 21st, 2006 at 1:43 am
November 21st, 2006 at 2:05 am
Comments
October 31st, 2006 at 5:06 pm
One of the best ones..;-)
Quite some gift for Steve for his upcoming birthday.
October 31st, 2006 at 6:40 pm
They estimate about
80,000 to 96,000 unique visitors daily and
750,000 Pageviews
It is interesting that none of them were certain about the stats - they don’t seem to really be that concern - possibly because they are not focussed on Advertising
October 31st, 2006 at 8:54 pm
This was a decent podcast - I’d like to hear more about the details of the transaction though.
November 7th, 2006 at 12:54 pm
Supprising that they don’t have an exact count. Especially with the newer services. Still, gotta love that.