This episode of 'Company Breakdowns' features a deep dive into Reddit's S-1, business strategies, user engagement, and potential monetization avenues. Tanay Jaipuria of Wing Venture Capital joins Erik Torenberg to explore Reddit's journey to IPO, its unique position as a global community platform, its exploration into data licensing, and its ad-based revenue model's intricacies compared with other social media giants.
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LINKS:
Tanay's Newsletter: https://www.tanayj.com/
Wing Venture Capital: https://www.wing.vc/
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TIMESTAMPS:
(00:00) Intro
(03:21) What Reddit Got Right
(07:42) Reddit's Unique User Base
(11:48) The Future of Reddit: AI, Data Licensing, and Potential Growth
(20:14) Sponsor: Brave
(20:51) Reddit's Journey to IPO and Its Market Dynamics
(24:29) Creating Valuable Data
(28:29) Bull Case and Bear Case for Reddit
(31:19) Improvements for Reddit
(34:04) Unpacking Reddit's R&D and Efficiency Opportunities
(38:15) Competition and Risks
(43:36) WallStreetBets and Meme Stock
(46:10) Reflecting on Reddit's Long-Term Journey and Impact
(48:38) Wrap
