Reddit CEO Steve Huffman on mod revolt, building a legendary community & more | E1763
This Week in Startups
Jason Calacanis
4.2 • 1.4K Ratings
🗓️ 17 June 2023
⏱️ 64 minutes
🧾️ Download transcript
Summary
This Week in Startups is presented by:
Trovata. Starting up is hard. Trovata makes managing cash easy. Start automating your cash management at Trovata.io/TWIST. Use Code TWIST for 30% off one full year of premium features like AI forecasting.
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Today’s show:
Reddit CEO and Co-Founder Steve Huffman joins Jason to discuss building a platform that serves Reddit's community (13:33), addresses the situation with third-party apps and moderators (35:00), and much more!
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Time stamps:
(00:00) Reddit CEO Steve Huffman joins Jason
(2:40) The evolution of Reddit and its community
(4:10) The tailwinds powering Reddit and Steve's thoughts on speech mitigation
(12:00) Trovata - Use code TWIST at https://trovata.io/twist for 30% off one year of premium features, like AI forecasting
(13:33) The Reddit "Keep it real" ethos and the importance of allowing open debate
(17:47) Authoritarianism and challenging orthodoxies
(24:29) Embroker - Use code TWIST to get an extra 10% off insurance at https://Embroker.com/twist
(25:44) Steve's optimism for AI and why this is only the beginning
(35:00) The response to Reddit's API use in various LLMs
(37:57) Eight Sleep - Go to https://eightsleep.com/twist to check out the Pod Pro Cover and get $150 off at checkout!
(39:29) Going in-depth on Reddit's situation and API history
(48:03) What it comes down to for third-party apps
(56:20) What changed Steve's opinion on advertising
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Transcript
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| 0:00.0 | But the cryptos say it allows us to say the exact same thing. |
| 0:02.2 | It's so much better than the crypto conversations. |
| 0:05.6 | I mean, everything in crypto was like, |
| 0:08.9 | here's what we're gonna do. |
| 0:10.6 | We're raising a hundred million. |
| 0:11.8 | I'm like, okay, who's the customer? |
| 0:12.9 | And they're like, you are? |
| 0:13.7 | And I'm like, no, no, no, I'm an investor. |
| 0:16.3 | I'm not a customer. |
| 0:17.2 | Like, no, you're the investor. |
| 0:18.2 | So you buy the tokens and that's the business. |
| 0:20.2 | I'm like, the business is a cap table. |
| 0:22.0 | They're like, sort of. |
| 0:23.3 | Yeah, yeah. |
| 0:24.1 | It's like a digital multi-level marketing. |
| 0:26.8 | But what don't you understand about it? |
| 0:28.1 | This week in startups is brought to you by Trovada. |
| 0:31.9 | Starting up is hard. |
| 0:33.4 | Trovada makes managing cash easy. |
| 0:35.8 | Start by automating your cash management |
| 0:37.6 | at trovada.io slash twist. |
| 0:40.1 | Use code twist for 30% off one full year of premium features |
... |
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