Earlier quoted context omitted.
What's really sad is that reddit and Alexis were, arguably, the most successful Y-Combinator startup, and now they've fallen by the wayside as cronyism and personal agendas take over. Alexis let this happen, though. Not that I blame him, I'd have taken the money too.
By far and away, Airbnb is the most successful Y-Combinator startup. It's not a close race between Reddit and Airbnb. After that is Dropbox and Stripe perhaps. I don't think Reddit ever quite stacked up to these types of companies in terms of potential. Reddit is a link-aggregator, the very definition of a poor business opportunity (they don't own anything, and hardly control anything on their own site). Airbnb is ca…
* Memamp - desktop search: failed to launch, remaining founder hired by reddit
* Infogami - something between a blog and a wiki: merged with reddit, became reddit wiki
* Firecrawl - security software: pivoted and became TextPayMe - mobile payments: acquihired by Amazon, merged in to Amazon Payments
* Loopt - mobile location sharing: acquired by Green Dot for $43.4 million
* Kiko - online calendar: launched shortly before Google Calendar, sold to Tucows for about $250k
* Clickfacts - advertising fraud detection: operated independently for years; now appears defunct
* Simmery - can't find anything on what this company was making: defunct
[0] https://groups.google.com/d/msg/comp.lang.lisp/vJmLVd9lJyk/1...