There was a clear lesson here — and that was that the Internet loves Mister Splashy Pants.

Because it's so empowering, I want people to think about being entrepreneurial regardless. They don't have to start companies, but that's what makes them great employees, that's what makes them great citizens.

The Internet is such a tough marketplace because everyone is a click away from going back to a cat photo, or going back to whatever else they were doing. You have to win them over, and do it quickly, and do it by making something people actually want.

What one realizes there is that we are not in control of the [reddit] community, in any way, shape or form. We have no power over it and so we've lost this total control.

I don't have a crystal ball, but if you can ever put yourself in a situation where you are indispensable - where you aren't part of what looks like a fad, but you actually are a company, a brand that people trust and go to - at this point, you could put some of the mainstays of tech on anything, right?

I guess if you include contractors that are six or seven people working on reddit, but when we got acquired there were basically three and then in the years since, we've added three more developer hires full time, and a community manger. But the site is still remarkably small.

The best part of being an angel investor is seeing these kids coming up with companies that get way more traffic than Reddit had when we sold it. I think, 'Are you kidding me? They're just kids, and they've done so much.