Let $G$ be an algebraic group. What is the significance of $G$ being reductive?
By reductive, I mean that: Let $R(G)$ be the largest subgroup such that $R(G)$ is a connected, solvable, normal subgroup of $G$, and let $R_u(G)$ be the unipotent elements in $R(G)$, then $G$ is reductive if $R_u(G)=\{e\}$.
How should I think about the property of being reductive?
Over an algebraically closed field reductive groups are classified by their root datums. They are generally the classic matrix groups like $\mathrm{GL}_n(k)$, $\mathrm{SL}_n(k)$, $\mathrm{PGL}_n(k)$, $\mathrm{Sp}_n(k)$, $\mathrm{SO}_n(k)$. There are some more complicated ones like the spin groups and depending on how general you want to be there are also twists, but personally just I think of them as being classical matrix groups.