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Reddit presentation jared combs

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Transcript

  • 1. Jared Combs
  • 2. What is reddit?• Social/News/Image Website/Community(s)• Thousands of subreddits for thousands of topics• It’s whatever you want it to be.
  • 3. Financial info• Approximate Networth – $50 Million to $700 Million• Low amounts of revenue – Revenue based on ads – But now there’s also Reddit Gold
  • 4. History of company• Founded June 2005 – By Steve Huffman and Alexis Ohanian• Bought in 2006, for less than $5 million – by Condé Nast• Split from Condé Nast in September 2011 – now subsidiary of Advance Publications
  • 5. What’s Hot?• December 2010 – 829 Million Pageviews• December 2011 – 2.07 billion Pageviews – 35 million Unique Visitors• 2012 Totals – 37 Billion Pageviews – 400 Million Unique Visitors – 30 Million Posts
  • 6. Secret Sauce• User generated content• Voting system – The Hive Mind at work• Content Personalization• Subreddit Independence
  • 7. Reddit Popularity Test• How many of you are on reddit during class?
  • 8. Competition
  • 9. Prediction• Success, until disrupted.
  • 10. Questions?