Capital Allocators – Inside the Institutional Investment Industry cover image

Alexis Ohanian – From Reddit to 776, a Technology Company that Deploys Venture Capital (EP.388)

Capital Allocators – Inside the Institutional Investment Industry

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Seeing Potential Beyond Initial Flaws

Despite Reddit's initial struggles in 2014 with low revenue and a negative reputation due to revenge porn, some individuals recognized significant potential in the platform. The existing audience, high engagement levels, and strong cultural influence indicated that Reddit should have been generating more revenue. The underperformance was attributed to mismanagement rather than lack of potential.

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