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Reddit & Permissionless Innovation | Interview with Alexis Ohanian, Co-Founder of Reddit and Author

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October 16, 2013
by
The Motley Fool
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Reddit & Permissionless Innovation | Interview with Alexis Ohanian, Co-Founder of Reddit and Author

TL;DR

Alexis Ohanian, co-founder of Reddit, discusses the journey of starting Reddit and the power of the internet to make the world suck less.

Transcript

hey fools of Brandon burns and I'm joined today by Alexis Ohanian he is the author of without their permission and also one of the founders of Reddit so thank you for your time thanks for being here thank you for having me I want if we can go back in time to 2005 when you started reddit could you kind of walk me through the thought process there an... Read More

Key Insights

  • ❓ Reddit's success can be attributed to the founders' ignorance and desire to create something they liked.
  • 😌 The power of the internet lies in its ability to connect people, facilitate learning, and enable change.
  • 💯 The goal should be to make the world suck less rather than trying to make it perfect.
  • ❓ Startups and innovation offer opportunities for individuals to pursue their passions and make a positive impact.
  • ❓ The internet has evolved since 2005, creating more possibilities and opportunities for entrepreneurs.
  • 👾 Incumbent tech giants can be seen as both positive and negative influences on the internet space.
  • 🧑‍🏭 The success of a company depends on various factors, including market timing, value proposition, and adaptability.
  • 🔬 Investing in founders and evaluating their potential is crucial for early-stage investments.

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Questions & Answers

Q: How did Reddit start and did you anticipate its massive success?

Reddit started as a fun project for Ohanian and Huffman, but they always believed it could become something big. Their ignorance and desire to create something they liked were assets in the process.

Q: What does "without their permission" mean and why did you use it as the title of the book?

"Without their permission" refers to the idea that the internet allows anyone to learn and share without needing approval. Ohanian believes this is the virtue of the internet and the reason for its success.

Q: How do you aim to make the world suck less and what context does it refer to?

Ohanian's aim to make the world suck less means tackling the aspects of life that need improvement through business, innovation, philanthropy, and art. It's about making a positive impact in any way possible.

Q: How can startups and innovation help make the world suck less?

Startups and innovation allow people to live up to their maximum potential and pursue their passions. By doing what they love, individuals can create better products and services, resulting in a more efficient and improved society.

Summary & Key Takeaways

  • Alexis Ohanian and Steve Huffman started Reddit in 2005 with the goal of creating something they enjoyed and living like college students for as long as possible.

  • The highlight for Ohanian was having the President of the United States do an AMA on Reddit, proving the success of the platform.

  • The book "Without Their Permission" is a reflection of the power of the internet as a communication and learning platform, and the message of not needing permission to succeed.


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