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How Reddit Went from Underdog to IPO Darling
In this episode of Startup Stories, Lucas and Luna trace Reddit's improbable journey from a dorm-room project to a multi-billion-dollar public company. They drill into the specific moment in 2015 when Reddit hired its first real CEO, how the platform's chaotic community culture was both a liability and an asset, and the key financial metric — daily active users — that convinced Wall Street to look past years of losses. The conversation also covers the role of subreddit moderators, the controversial 2023 API pricing changes, and why the company's 2026 public listing has been one…
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