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> Their idea was bad though. And since we thought then that we were funding ideas rather than founders, we rejected them > ... we wanted to fund Steve and Alex
by aragonite 3y ago
> Their idea was bad though. And since we thought then that we were funding ideas rather than founders, we rejected them
> ... we wanted to fund Steve and Alexis, so if their idea was bad, they'd have to work on something else
> There needed to be something like del.icio.us/popular, but designed for sharing links instead of being a byproduct of saving them. So I called Steve and Alexis and said that we liked them, just not their idea, so we'd fund them if they'd work on something else.
So PG is saying the seminal idea behind Reddit wasn't even conceived by the original founders? If so, it's not clear to me the post's concluding sentence ('Steve is not out of ideas yet') offers much solace.
But I disagree that the idea responsible for Reddit's success is link-sharing. I think Reddit's success has a lot more to do with the ease of creating a dedicated discussion forum for any given topic simply by navigating to `reddit.com/r/[topic]`. Wikipedia already uses this approach for article creation, but there wasn't anything like that for discussion forums (in the US at least[1])
[1] Baidu Tieba preceded Reddit by 2 years, and Reddit is commonly referred to in China as the 'American Tieba' (e.g.: https://finance.sina.com.cn/roll/2024-03-21/doc-inapaxhk7062547.shtml https://finance.sina.com.cn/roll/2024-03-21/doc-inapaxhk7062...)
- kromem 3y agoI've always felt their success was being the first large network using both threaded comments and up and down voting for visibility. That combination was killer, but also no longer unique.
- adw 3y agoSlashdot was way way earlier. Also massively overcomplex (metamoderation) and full of trolls and much narrower. Reddit was basically Slashdot 4chan, in a meaningful sense.
- lmm 3y agoMetamoderation was an elegant way to handle slashdot scale, particularly given that they didn't have anything like subreddits. I suspect that partly kept it "narrow" - if you weren't into tech news or whatever, then you wouldn't enjoy slashdot. For a while there was a whole family of sites using the same codebase but with a different community feel, like Plastic and I think maybe K5?
- rhaksw 3y agoI'd argue their success comes from making people think they're in an open discussion forum, or at least know when they're moderated, when in fact users get moderated left and right without their knowledge. And rather than addressing that problem, with this IPO they've heaped on another one.