Reddit CEO, Steve Huffman, at AfroTech 2021
Steve Huffman, Reddit's cofounder and CEO.
  • Steve Huffman told Fast Company that Reddit in its early days didn't feel like a real business. 
  • He explained that its success and profitability far exceeded his expectations. 
  • The company is in talks with investors about an IPO in early 2024 with a valuation of $15 billion.

Reddit's cofounder said in its early days the social media platform felt more like a "homework assignment that got out of hand," than a real business, as the company aims for an IPO in 2024.