magnatesmedia 4 months ago
john frazer #Technology

Reddit | A Story of Scandals, Power & Death

The history of how Reddit started, how Reddit became popular and such a successful business, and how the Reddit founders built a billion dollar company from nothing.

This is in some ways a rags to riches business story, going from broke college students to extremely rich. But we'll also explore the Reddit API controversy and several other reddit scandals and issues - along with incredible Reddit-inspired events like the Wallstreetbets gamestop stock saga. With Reddit's own IPO on the horizon, let's look at where Reddit is now at.


Alexis Ohanian needed a plan, and he needed it fast. His senior year of college was approaching and he had no clue what he wanted to do with his life. Luckily his best friend, Steve Huffman, came to him with what sounded like a million dollar business idea. And then that business totally crashed and burned.


So, how did two broke college kids with a failed business end up creating one of the most popular websites ever? And what really happened to Reddit’s forgotten founder who nobody talks about? Reddit’s history is filled with scandals, lies, money, and death.


As Reddit has been involved in countless controversies - including its own users turning against the site.  But it’s time for the truth. Welcome to the insane story of Reddit by MagnatesMedia - home of business documentaries, business mini movies and stories about big companies & entrepreneurs. 


00:00 | Intro 

00:50 | Chapter 1: A Change of Plan

03:05 | Chapter 2: MyMobileMenu

07:33 | Chapter 3: Reddit 1.0

11:48 | Chapter 4: The Forgotten Founder

14:05 | Chapter 5: Acquisition

16:33 | Storyblocks Deal

17:39 | Chapter 6: Changes

22:21 | Chapter 7: Battles

25:44 | Chapter 8: Reddit Vs The World

30:57 | Chapter 9: The Blackout

35:15 | Chapter 10: The Final Cha

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