We entered an online voting competition for a $10,000 prize, which was crucial for our funding. After rallying support from friends and family, we won the competition by just 1% in the final hour.

The difference in viewer clicks between giving away $10,000 and $100,000 is noticeable, but the jump from $100,000 to $1 million is minimal.

The returns on viewer engagement from giving away money level off dramatically after $100,000; this is a nuanced insight that applies to very few people.

To gauge if people are willing to pay for a product before it's fully developed, I asked potential users what they would give for access, which led to creative responses.

When I give away money, the impact on the recipient's life is significant; for example, a million dollars can drastically change someone's life compared to $100,000.

I used to ask candidates if they would take the job if they had only ten years left to live, to gauge their passion for the work.

If I don't raise any more money, I need to know if I'm going to die or if I'm going to make it.

By the time of the acquisition discussions, I was working 16-hour days, balancing my responsibilities at Reddit with my graduate studies, which was a challenging period for me. When I received an offer to sell Reddit for $10 million, I realized I could make life-changing money in just a year of work, which was more than my parents would earn in their entire lives.

The amount of money given away in videos doesn't significantly impact viewer engagement; for instance, giving away $100,000 feels substantial to most people, but the difference between $100,000 and $1 million isn't as impactful as one might think.