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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

#241

Earlier quoted context omitted.

I haven't seen a single sub where CSS would add value. The worst example is r/science where colourful tags make it especially noisy.

....So turn it off? Reddit has a setting to disable custom CSS on subreddits, so it doesn't make sense why you'd force the subreddits not to have it.

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Re: Reddit Is Raising Funds at a Valuation of $1.7B

#242
post #3

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.

The CEO Steve Huffman recently admitted to editing his political opponent's posts. Maybe they can't get anything done because they're redditing all day.

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Re: Reddit Is Raising Funds at a Valuation of $1.7B

#243

Trying to imagine the kind of strategy that will yield a large enough multiple of that valuation to satisfy the new investors, or the kind of strategy that would create an annual ROI that would keep them happy. And failing. Anybody have any idea what the long term game plan is here?

As a user, I fear it is increased monetization in the form of more aggressive tracking and advertising. Their pushes for email registration and the feed-based ads in the mobile app make that direction pretty well telegraphed. But I'd draw an interesting parallel here with the fact that, like Snapchat, many Reddit users do it with some expectation of anonymity/privacy. It is difficult to command the kind of CPMs Googl…

> It is difficult to command the kind of CPMs Google and Facebook can without knowing an awful lot about uniquely identified users.

Seems like spez disagrees, interestingly.

> ‘We know your dark secrets. We know everything.’

https://thenextweb.com/socialmedia/2016/05/30/reddit-knows-y...

Re: Reddit Is Raising Funds at a Valuation of $1.7B

#244
post #135

Cracks me up why Reddit is the way it is questions. Ask kevin Rose fron tech tv. As soon as Reddit drops its bbs style it is dead. For those complaining about Css RES. Reddit is only a thing because people feel safe there. What other site of its user base does that?

What do you mean by "users feel safe"? IMO, reddit is a thing because it is topic oriented instead of user/ego oriented. It really is the modern day Usenet. The two long term problems they have though is moneytising and bad/illegal content (moderation).

Cmon. Reddit and Usenet are both famous for their ego'd power users.

Re: Reddit Is Raising Funds at a Valuation of $1.7B

#245
Maybe an interesting time to point out a site I just ran across which is reddit-like, but (as far as I can figure) uses cryptocurrency to fund itself and pay contributors.

Steemit "Your voice is worth something" https://steemit.com/

Of all the supposed reddit-killers that have been put forward, this is notable because of the funding mechanism, and because everyone there seems so damn excited. However, a lot of the most popular articles seem to be about... Steemit itself.

Re: Reddit Is Raising Funds at a Valuation of $1.7B

#246

Earlier quoted context omitted.

Reddit has a lot of distinctly separate sub communities that grow, start new, and die out individually, and some which even hate others. So I think that helps to protect from "community death" effect. For the other websites you mentioned, they all feel like "one community" each.

really - myspace was one community? Forums don't have 'topics'? wtf. This is insane. This is nuts. Reddit wont be around in 4 years. It will be a total joke like all the other online communities.

MySpace is a social network based on friends, yes it feels like one community.

Forums have topics, reddit doesn't have topics, subreddits have topics.

Re: Reddit Is Raising Funds at a Valuation of $1.7B

#247

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:…

newbie here... where can i run this thing? from your post it seems like someone is hosting "fh-bigquery.reddit_posts" somewhere?

Re: Reddit Is Raising Funds at a Valuation of $1.7B

#249
post #95

Last I heard Reddit was doing less than $10 mn / year in revenues. It's highly under-monetized, but it looks difficult to grow in 5 to 10 years to generating $150 million in annual profits to justify this valuation. I'm surprised Reddit stays so popular. I stopped using it ~8 years ago. The habit didn't stick with me (beyond a year or two).

you realize hacker news is just a destination subreddit right?

Re: Reddit Is Raising Funds at a Valuation of $1.7B

#250

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.

you can unsubscribe from the toxic communities and subscribe to the wholesome/uplifting ones. seriously i dont know why so many people complain about stuff entirely within their control
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