61–70 of 313 posts
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The last known revenue figure was $8.3M in 2014: https://techcrunch.com/2015/02/18/reddit-charity/
There's a caveat with that revenue figure in that they very specifically quote how much Ad Revenue Reddit earns, not total revenue. They sell branded products and Reddit gold which definitely increases that number.
reddit is about to suffer the same mass exodus Digg did if they keep up the shit brigade.. That site has gone to hell since the election.. ruined by shills and bots in every subreddit.. can't be bothered w/ it anymore.. sick of reading about Trump and Hillary.
Isn't reddit already successful? Why are they raising money? Shouldn't they be generating profits and returning those profits back to their shareholder(s)?
I know reddit gets a lot of flak for shit-posting content, especially during and after the recent US elections, but it has huge potential to become a consistent part of a users media consumption & participation diet.
It's really addictive.
As others have mentioned development of reddit has been slow for the fact that their Engineering teams were performing Administrative tasks to the point that they could only maintain the site. Since they have cleared that hurdle by instituting more straightforward moderation and administration. The only exception to this is when a reddit admin actively modified a thread by users being hostile. This creates irreparabl…
One thing I thought was interesting about the admin-editing-comments fiasco was how a large portion of users expressed surprise that an admin editing comments was even possible, and suggested it shouldn't be. Others had to come in and explain that yes, in fact Mark Zuckerburg could edit your Facebook comments if he really wanted to, and admins could edit your comments on other forums and so on. It's just usually they…
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Reddit gold is one way they make money. But they modify every outgoing link for affiliate money. https://www.reddit.com/r/announcements/comments/4mv578/affil...
I thought they announced that they killed that experiment? Might be wrong, though, can't find that now
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Kudos to reddit for not following the trend of "lets redesign the site just because we can" ethos. Not only did the product shift kill Digg, I also think it led to the earlier downfall of Slashdot. I may be dating myself, but I remember how each revision of Slashdot made it less usable for me. The "cleaner, minimalist, lots of whitespace" designs that were in vogue actually made it much harder to navigate comment thr…
Reddit is actually facing a lot of flak for their plan of disabling CSS. This has made several of the subreddits announce themselves as Pro-CSS - sort of a rebel against the admins. https://www.reddit.com/r/modnews/comments/66q4is/the_web_red... https://www.reddit.com/r/ProCSS/
Situations like this are extremely difficult to predict accurately. It could become a big problem. But it has a decent chance of blowing over.
The main issue is to harness the energy that the moderators currently put into their subreddit. They're not sad that CSS is going away. They're sad their toys are being taken away from them. That's not to trivialize it, not at all -- people like to tinker, and playing with your subreddit and putting your markings on it is a toy for adults. It's a game. It's necessary to replace that with something that feels equally deep and immersive.
Or, you know, just don't mess with the status quo. But if you're going to do it, I think that's why people are rebelling. Not because the functionality is gone, but because they're losing a creative outlet.
Does 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.
Additionally, from the various threads on reddit that I've seen people post about the company. They've done a lot of work on the background to reduce spam, which isn't something that is super obvious to someone not specifically looking to spam the site.
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Kudos to reddit for not following the trend of "lets redesign the site just because we can" ethos. Not only did the product shift kill Digg, I also think it led to the earlier downfall of Slashdot. I may be dating myself, but I remember how each revision of Slashdot made it less usable for me. The "cleaner, minimalist, lots of whitespace" designs that were in vogue actually made it much harder to navigate comment thr…
Reddit is actually facing a lot of flak for their plan of disabling CSS. This has made several of the subreddits announce themselves as Pro-CSS - sort of a rebel against the admins. https://www.reddit.com/r/modnews/comments/66q4is/the_web_red... https://www.reddit.com/r/ProCSS/
Here's a quick chart of the monthly number of submissions to Reddit over time (until April 2017): https://docs.google.com/spreadsheets/d/1d3kqAebZiUqmI-GbmvNY... At about the start of 2017, Reddit saw a noticeable increase in the activity growth rate, which investors love (although the biggest chunk occurred around October/November 2016, due to the U.S. Election) And here's the BigQuery to reproduce the aggregation:…