Reddit was founded in 2005 by college roommates Steve Huffman and Alexis Ohanian, initially as a mobile food ordering app idea, but it evolved into a platform for sharing and discussing topics.

Reddit combined elements of social bookmarking from Delicious and community engagement from Slashdot, creating a unique platform that had never been seen before.

As Reddit grew, the cohesive community began to fracture, leading to the creation of subreddits, which allowed for diverse interests and discussions to thrive separately.

The acquisition by Condé Nast in 2006 was a crucible moment for Reddit, providing liquidity but also revealing the differing priorities of team members after the acquisition.

Reddit's growth from $15 million to $456 million in revenue by 2021 demonstrates the success of our business model and community engagement.

In 2006, major tech companies like Google and Yahoo began expressing interest in acquiring Reddit, highlighting its growing presence in the online space.

In the competition between Reddit and Digg, Digg made high-risk technology choices that didn't contribute to their core service, while Reddit focused on delivering a straightforward social news site without unnecessary risks.

Reddit is now the 18th most visited website globally, showcasing its significant cultural impact and user engagement.

Reddit needed a content policy to address the issues of banning subreddits and managing content effectively, as prior to that, there was no clear guideline.