This Week in Startups

Reddit’s IPO, Consumer vs. Enterprise AI, and Sam Altman’s New Fund and more! | E1903

8 snips
Feb 23, 2024
Jason Calacanis, a startup expert and media entrepreneur, joins venture capitalists Brian Rosenblatt from Craft Ventures and Michael Downing from MDSV Capital. They dive into Reddit’s journey to IPO, discussing its unique advertising strategies and revenue potential tied to its vibrant user communities. The trio also explores the intriguing differences between consumer and enterprise AI investments, reflecting on the rapid evolution within the sector. Plus, they chat about Sam Altman’s new fund and its implications for the AI landscape.
Ask episode
AI Snips
Chapters
Transcript
Episode notes
ANECDOTE

Reddit's Organic Growth

  • Reddit's longevity is key, outlasting competitors like Digg by focusing on community building.
  • Reddit survived by not changing its interface and growing organically.
INSIGHT

Reddit's Influence

  • Reddit's influence is evident in users appending "Reddit" to Google searches for advice.
  • This highlights the platform's value as a source of information.
INSIGHT

Advertising Trends and Reddit

  • Advertising's key trends are scale, data, and proximity to checkout.
  • Reddit lacks scale and checkout proximity but boasts influential, discerning users.
Get the Snipd Podcast app to discover more snips from this episode
Get the app