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Reddit has grown to become one of the most popular websites in the world, but the company’s recent API price increases have put many third-party Reddit apps out of business, leading to protests from the company’s contingent of volunteer moderators. As Reddit looks to go public, ongoing tension between its leadership team and the Reddit community at large could impact its valuation.
Chapters:
00:00 - Introduction
02:42 - The early days
06:02 - Reddit goes mainstream
09:38 - API pricing changes
Produced by: Katie Brigham
Edited by: Evan Lee Miller
Supervising Producer: Jeniece Pettitt
Animation by: Christina Locopo
Editorial Support: Jonathan Vanian, Hayden Field
Additional Footage: Getty Images, Reddit, Y Combinator, Fast Money
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What’s Going On With Reddit?