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Compared to the companies started at similar times which followed the grow fast path but ultimately failed and looking at the slow but steady growth path reddit
by smithmayowa 8y ago
Compared to the companies started at similar times which followed the grow fast path but ultimately failed and looking at the slow but steady growth path reddit has been allowed to follow I wonder why ycombinator does not accept more companies like reddit(slow but steady growth companies) into their accelerator, I mean being a founder of one such company I think that will be awesome .
- hkmurakami 8y agoLook at how early Reddit was in YC’s history. QED.
- Deimorz 8y agoreddit grew fast and was acquired just over a year after it launched (which was in June 2005): https://techcrunch.com/2006/10/31/breaking-news-conde-nastwired-acquires-reddit/ https://techcrunch.com/2006/10/31/breaking-news-conde-nastwi... I'm fairly sure YC's stake in it was bought out at that point.
- minimaxir 8y agoYC's stake maybe, but Sam Altman followed on as a lead investor later: https://www.reddit.com/r/IAmA/comments/2hwr02/i_am_sam_altman_lead_investor_in_reddits_new/ https://www.reddit.com/r/IAmA/comments/2hwr02/i_am_sam_altma...
- flyinglizard 8y agoI don't think they intended to grow slowly. When they launched, there were similar aggregators already (digg?). I think they just kept the site under the radar long enough to become sort of a Craigslist for content. The design was antiquated and simple, userbase was limited but loyal. It just caught on from there, sometime around 2012-2014 when people wanted more content per unit of time invested (vs other social networks).