Reddit founders Steve Huffman and Alexis Ohanian have just announced that they’ll be leaving the company come October 31, when their contracts expire. The news doesn’t come as a huge surprise — it will have been three years to the day that Condé Nast acquired Reddit, and the founders likely had a three year contract as part of the deal. Reddit’s post notes that while co-founder Chris Slowe’s contract also expired he’ll be staying on board.
Reddit was funded by Y Combinator and launched back in 2005, emerging as the most popular alternative to Digg. As with Digg, stories are presented based on how many people have up and down voted them, but the two sites have distinctly different communities. Reddit was acquired on October 31, 2006 by Conde Nast, and has since made some major changes like releasing the site’s software as an open source project.
So what’s next for the founders? Huffman writes that he’ll be heading out to Virginia to spend time with his new wife (always a good plan) and Ohanian will be working on his ‘uncorporation’ breadpig, and will also be doing a three month stint in Armenia as a Kiva Fellow.
I’m surprised these guys aren’t jumping back in the saddle after being side lined for 3 years. Makes me wonder if they’re true entrepreneurs.
What do you mean by this? Alexis does run another company that he is working on and I’m sure Steve Huffman isn’t just going to drop it and do nothing forever.
“..if they’re true entrepreneurs.”
How much did you sell your last company for?
They are the subject of a Techcrunch post, you’re just commenting on it.
….I’ve just seen that the next Techcrunch post is about you. The overall gist of the message still applies though.
Hahahaha, you set people up to attack you knowing that the very next post on Techcrunch would be about you. Amusing.
Nice comment @sambensalem….
What a jackasss you are. You are quite the “true entrepreneur” with your amazing startups…lol
Sam, that was a pretty dumb statement.
Congrats to Steve and Alexis, they did a great job with the business, looking forward to seeing what the tackle next.
Sam – Who are you?
What an idiotic statement. You lose….
Wow, screw you Sam!
Been awesome to watch Reddit grow. Lookin forward to the next venture
Wow, so much hate. I was being 100% genuine and did not intend for my comment to be a swipe at reddit or it’s founders.
The observation was most serial entrepreneurs jump from one project to the next. I’m simply surprised it’s not the case with Steve and Alexis. Nothing wrong with that.
-1
you are the one making them out to be serial entrepreneurs. i see no mentioned of them being serial entrepreneurs in their profiles
They came, conquered, and left! This is the entrepreneurship in Twitter age.
Mixergy.com blog have an interesting interview with Alexis ( founder ) about Reddit and overall entrepreneurship:
Jun 4, 2009 – http://mixergy.com/no-reddit-didnt-copy-digg-heres-how-it-was-built-with-alexis-ohanian/
He did not seem so spectacular to me, in fact, I think he was lucky with Reddit … twice you’re good .. now let’s see
Thanks for telling people about my work Matej!
Always glad to share great content!
Lot’s of hate Sam – because you are an idiot…
Think the next time before you post something….
Is Sam the next Hitler?
I hope not. I would mean that Techcrunch did a story featuring the next Hitler.
This is the funniest thing I’ve ever seen on Techcrunch. Dude makes a comment knowing that people are going to tear him a new asshole and say things like “Who the fuck are you?” But he times it minutes before Techcrunch actually runs a story about him. Classic.
hey Alexis, come by Singapore again!
Reddit would probably be even more popular if it didn’t look like it was designed in 1996.
or if it wasn’t such an epenis stroking liberal circle jerk.