Reddit Overview
Launched in 2005, Reddit is a social news website that displays news based on your personal preferences and what the community likes. Your preferences are determined based on your history of voting stories up or down.
The company was started by two University of Virginia grads in the Y Combinator program and two others (Christopher Slowe and Aaron Swartz) later joined the team.
Key People
Board of Directors
Funding
| Date | Type | Capital Amount | Post-Money Valuation | Investors |
|---|---|---|---|---|
| 07/2005 | Seed | 0.1M | Unknown |
Products
| Name: | |
| Product URL: | http://reddit.com/ |
| Description: | While Reddit is often compared to Digg, the two sites have some key differences. Reddit has a simple interface and no advertising. Many users love this simplicity. Reddit rankings are based on an absolute vote (+1 for hot, -1 for cold), meaning a story can dance up and down Reddit’s top page instead of being buried out of existence by a few power users. To see what’s on top now, there’s also a “hot” list. This type of voting system also means the front page can be stagnant, to the chagrin of some users, but it has also avoided Digg’s payola scandals. Another big differentiator for Reddit is their recommended article page, which suggests links based on your voting pattern. |
| Screenshots: |
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Page Information
02/06/2009 04:02PM by stumpedia
User Opinions
Bulls vs. Bears (6)
| Bullish Opinions (5) | Author/Date | Do you agree? | |
|---|---|---|---|
|
Started providing their service as a white label platform recently |
ddebowczyk 08/27/2008 |
100% 1 vote 1 0% 0 |
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clean and simple to use, interesting topics |
irpip 07/24/2008 |
100% 2 votes 2 0% 0 |
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According to Reddit, they have 4.4M unique visitors/month and 120M page views |
tara 06/18/2008 |
100% 1 vote 1 0% 0 |
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They just moved to open source, which could spur further innovations on Reddit |
tara 06/18/2008 |
100% 2 votes 2 0% 0 |
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Has become fairly popular over past few months |
kenny 06/09/2008 |
100% 2 votes 2 0% 0 |
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| Bearish Opinions (1) | Author/Date | Do you agree? | |
|---|---|---|---|
|
They are still only a small fraction of the traffic of Digg |
tara 06/18/2008 |
100% 1 vote 1 0% 0 |
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