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Research Brief

Reddit

reddit.com
75ICP
Social Media / CommunitySan Francisco, CAFounded 2005
75
ICP Score
Strong Fit

Newly public with growth focus. Values authentic community engagement and data value.

Industry
Social Media / Community
Team Size
2,000+
Est. Revenue
$804M (2023)
Website
reddit.com

Key People

SH
Steve Huffman
Co-founder & CEO
JW
Jennifer Wong
COO
DV
Drew Vollero
CFO

Discovery Questions

Tailored questions to ask on your call, based on research findings:

  1. 1

    How is Reddit thinking about balancing advertising growth with community experience?

  2. 2

    What's the strategy for AI data licensing beyond the initial deals?

  3. 3

    How do you approach vendor partnerships as a newly public company?

  4. 4

    What metrics matter most for Reddit's growth story?

Talking Points

  • 1

    Steve Huffman (spez) is focused on profitability and AI data monetization

  • 2

    AI data licensing is a new revenue stream with major deals

  • 3

    Community authenticity is sacred - marketing must be genuine

  • 4

    Post-IPO pressure means focus on ad revenue growth

About

Reddit is a network of communities where people can dive into their interests, hobbies, and passions. The platform hosts millions of communities (subreddits) covering virtually every topic. Reddit went public in 2024 and is focused on advertising growth and AI data licensing.

Reddit CommunitiesReddit AdsReddit PremiumReddit Data APIReddit Developer Platform

Target market: Users seeking community discussions, advertisers targeting engaged audiences, AI companies needing training data

Tech Stack

Backend

PythonGoRust

Frontend

ReactTypeScript

Infrastructure

AWSKubernetes

Data

CassandraPostgreSQLKafka

Hiring Signals

Open Roles
135
Growth
Moderate

By Department

Engineering
72
Sales
28
Product
18
Marketing
10
Trust & Safety
7

Primary Focus: Expanding Engineering team

Recent News

Reddit IPO prices at $34, valuing company at $6.4B2024-03-21
Reddit signs AI training data deals with Google and OpenAI2024-02-22
Reddit reports 50% YoY advertising revenue growth2024-08-06

Competitive Landscape

Twitter/X
Discord
Quora
Facebook Groups
TikTok

This research brief is generated for demonstration purposes.Reddit is a trademark of its respective owner. Prepd is not affiliated with Reddit.

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