How Reddit, the 'old soul of the internet', succeeds when others fail

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How Reddit, the 'old soul of the internet', succeeds when others fail GabeFriedz Reddit downtobusiness

This week on Down to Business, Jen Wong, the platform’s chief operating officer, explained why Reddit considers itself a series of communities — not a social media site.Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails. Postmedia Network Inc.

Wong said the company’s ad revenue is quickly growing and its strategy proves that you don’t need to collect massive amounts of information on users to launch an online ads business. As always the interview is edited for clarity and brevity. Listen on Apple Podcasts, Spotify, Stitcher and YouTube where you can also subscribe to get new episodes every Wednesday morning.

 

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