Reddit Built on Lies : Cofounder

Reddit is a social media website and It requires guts to make a statement and this time it has come from none other than the Reddit Co-founder Steve Huffman who without mincing words has stated that they created fake accounts  along with co-founding partner Alexis Ohanian and also populated the site with links users wanted to read. His statement is as appended below

“You would go to Reddit in the early days, the first couple of months and there’d be tons of… fake users.”

However he is quick to add that simply creating a few hundred fake accounts is not enough to make a community take off and further states that social websites require a little bit of magic to work. By creating fake accounts Huffman and Ohanian not only made their social network look less like a ghost town, they created the “direction” of the high-quality links they wanted to attract.

Reddit Hot Stats as on Today

• 35 million unique visitors
• 1 billion page views

Verdict

The moral of the whole story is that you may build a million dollar company by using fakeness to become a billion dollar company they definitely have to get their act together and probably they have acted on their previous mistakes as acknowledgement of past wrong doings clearly is an indication that they want to grow and this is the reason they are sharing such a loud secret with public and had even voiced their concern loud and clear by going for a Blackout against PIPA/SOPA in the US.