Reddit Is Raising Funds at a Valuation of $1.7B
bloomberg.com
Reddit Is Raising Funds at a Valuation of $1.7B
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Re: Reddit Is Raising Funds at a Valuation of $1.7B
#2Would love to know revenue numbers. At some point, 10 years in, you need to have a monetization plan. $1.7B is a lot of money
Re: Reddit Is Raising Funds at a Valuation of $1.7B
#3Does anybody know why development at reddit is so slow? I know they have an engineering team, but if you track the changes over the last couple years, it's not much given how much time has passed. And that's not for lack of feature requests that Reddit staff have admitted would improve the site.
Re: Reddit Is Raising Funds at a Valuation of $1.7B
#4Does anybody know why development at reddit is so slow? I know they have an engineering team, but if you track the changes over the last couple years, it's not much given how much time has passed. And that's not for lack of feature requests that Reddit staff have admitted would improve the site.
Got to keep the site up.
Re: Reddit Is Raising Funds at a Valuation of $1.7B
#5Does anybody know why development at reddit is so slow? I know they have an engineering team, but if you track the changes over the last couple years, it's not much given how much time has passed. And that's not for lack of feature requests that Reddit staff have admitted would improve the site.
Maybe they don't want to fix what's not broken. If their usage continues going up at acceptable rates year after year, then maybe they have all the features they need right now. I have witnessed more than a few properties decline after site owners complicated the UI with stupid features barely anyone was asking for just for the sake of working on new stuff.
Re: Reddit Is Raising Funds at a Valuation of $1.7B
#6Does anybody know why development at reddit is so slow? I know they have an engineering team, but if you track the changes over the last couple years, it's not much given how much time has passed. And that's not for lack of feature requests that Reddit staff have admitted would improve the site.
Could be wrong, but I'd assume some of it is related to scale of features. For example, when they started hosting images - they started at pretty extreme scale, so that would likely slow down feature delivery.
Having said that, not all features would be _that_ intensive on systems.
Re: Reddit Is Raising Funds at a Valuation of $1.7B
#7I love Reddit, but remind me what's their business model? I've never seen an ad using Relay For Reddit. Free content is great but how do they keep the lights on much less justify $1.7 billion? (Also, HN. Servers are cheap but how do they pay dang to tell me I'm being toxic?)
Re: Reddit Is Raising Funds at a Valuation of $1.7B
#8Does anybody know why development at reddit is so slow? I know they have an engineering team, but if you track the changes over the last couple years, it's not much given how much time has passed. And that's not for lack of feature requests that Reddit staff have admitted would improve the site.
Maybe they don't want to fix what's not broken. If their usage continues going up at acceptable rates year after year, then maybe they have all the features they need right now. I have witnessed more than a few properties decline after site owners complicated the UI with stupid features barely anyone was asking for just for the sake of working on new stuff.
You can't even edit the title of a Reddit post. That's been known for years and nothing's been done about it.
Re: Reddit Is Raising Funds at a Valuation of $1.7B
#9Does anybody know why development at reddit is so slow? I know they have an engineering team, but if you track the changes over the last couple years, it's not much given how much time has passed. And that's not for lack of feature requests that Reddit staff have admitted would improve the site.
Too busy working on April Fools day material: https://redditblog.com/2017/04/13/how-we-built-rplace/
Re: Reddit Is Raising Funds at a Valuation of $1.7B
#10Does anybody know why development at reddit is so slow? I know they have an engineering team, but if you track the changes over the last couple years, it's not much given how much time has passed. And that's not for lack of feature requests that Reddit staff have admitted would improve the site.
I imagine a lot of their expenses are used on keeping certain things off the website and to keep it becoming like 4chan