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Startup Stories - Mixergy

#400 Reddit Founder: “I Wish I Still Owned Reddit Now” – with Steve Huffman

Startup Stories - Mixergy

Andrew Warner

Money, Business, Tips, Education, Society & Culture, Mix, Ambition, Growth, 581719, Entrepreneur, Synergy, Startups, Improvement, Management & Marketing, Energy, Motivation

4.5591 Ratings

🗓️ 20 October 2010

⏱️ 58 minutes

🧾️ Download transcript

Summary

Many founders I interviewed on Mixergy told me about how their companies virtually disappeared after they sold them. But 4 years after selling Reddit to Conde Nast, Steve Huffman is so proud of how much its grown that he’d be happy to still own it. I asked him to teach me how he grew his community, why some Y Combinator-backed founders, like him, succeed while others don’t get any traction and why he never resented his co-founder for getting so much attention. I also asked Steve about Hipmunk, the travel site he launched which replaces the spreadsheet-like search results that most travel sites use with a more useful design.

Steve Huffman graduated from the University of Virginia with a degree in Computer Science in 2005. Immediately after leaving Virginia, he founded reddit.com with his college roommate, Alexis Ohanian.

 

Sponsored by

Shopify – Remember the interview I did about how the founder of DODOCase sold about $1 mil worth of iPad cases in a few months? He used Shopify. It’s dead simple and very effective.

Grasshopper – Don’t make the mistake of comparing Grasshopper with other phone services. Check out their features and you’ll see why Grasshopper isn’t just a phone number, it’s the virtual phone system that entrepreneurs (like me) love.

Walker Corporate Law – Scott Edward Walker is the lawyer entrepreneurs turn to when they want to raise money or sell their companies, but if you’re just getting started, his firm will help you launch properly. Watch this video to learn about him.

More interviews -> https://mixergy.com/moreint
Rate this interview -> https://mixergy.com/rateint

Transcript

Click on a timestamp to play from that location

0:00.0

Three messages before we get started.

0:02.0

If you're a tech entrepreneur, don't you have unique legal needs that the average lawyer can't help you with?

0:08.0

That's why you need Scott Edward Walker of Walker Corporate Law.

0:12.0

If you read his articles on Venture Beat, you know that he can help you with issues like raising money,

0:18.0

or issuing stock options, or even deciding whether to form a corporation.

0:22.6

Scott Edward Walker is the entrepreneur's lawyer.

0:25.6

See him at Walker Corporate Law.com.

0:28.6

And do you remember when I interviewed Sarah Sutton Fell about how thousands of people pay for her job site?

0:33.6

Look at the biggest point that she made.

0:35.6

She said that she has a phone number

0:37.9

on every page of her site because, and here's a stat, 95% of the people who call end up buying.

0:44.9

Most people though don't call her, but seeing a real number increases their confidence

0:49.4

in her and they buy. So try this. Go to grasshopper.com and get a phone number that will make your company

0:56.2

sound professional. Add it to your site and see what happens. Grasshopper.com. And remember Patrick

1:03.8

Buckley who I interviewed? He came up with an idea for an iPad case. He built a store to sell it,

1:09.2

and in a few months he generated about a million

1:11.5

dollars in sales. Well, the platform he used is Shopify. If you have an idea to sell anything,

1:18.1

set up your store on Shopify.com because Shopify stores are designed to increase sales. Plus,

1:25.5

Shopify makes it easy to set up a beautiful store and manage it.

1:29.3

Shopify.com. Here's a program.

1:32.3

Hey everyone, my name is Andrew Warner. I'm the founder of MixerG.com, home of the ambitious

1:36.8

upstart. And the goal here is to interview successful entrepreneurs about how they built their

...

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