Reddit raises $200M at a $1.8B valuation
11–20 of 451 posts
Re: Reddit raises $200M at a $1.8B valuation
#12>the company is literally re-writing all of its code Wow. >An early version of the new design, which we saw during our interview, looks similar to Facebook’s News Feed or Twitter’s Timeline: A never-ending feed of content broken up into “cards” with more visuals to lure people into the conversations hidden underneath. >“We want Reddit to be more visually appealing,” he explained, “so when new users come to Reddit the…
I still remember Digg. Great community, but once they changed the UX and some features, everything went downhill.
Re: Reddit raises $200M at a $1.8B valuation
#13>the company is literally re-writing all of its code Wow. >An early version of the new design, which we saw during our interview, looks similar to Facebook’s News Feed or Twitter’s Timeline: A never-ending feed of content broken up into “cards” with more visuals to lure people into the conversations hidden underneath. >“We want Reddit to be more visually appealing,” he explained, “so when new users come to Reddit the…
In any event, I find it hard to believe this won't be Digg all over again.
Re: Reddit raises $200M at a $1.8B valuation
#14>the company is literally re-writing all of its code Wow. >An early version of the new design, which we saw during our interview, looks similar to Facebook’s News Feed or Twitter’s Timeline: A never-ending feed of content broken up into “cards” with more visuals to lure people into the conversations hidden underneath. >“We want Reddit to be more visually appealing,” he explained, “so when new users come to Reddit the…
Re: Reddit raises $200M at a $1.8B valuation
#15I can't imagine giving $200M to a group of people who publicly say they're not focused on ensuring I get it back. Is this a VC investment or a charity?
Also, have they not achieved profitability after 10+ years because they don't know how to make enough money (i.e. ad sales team is weak), costs are too high (i.e. bad code so lots of infra or too many employees), or is it just not possible to be profitable in this space?
Re: Reddit raises $200M at a $1.8B valuation
#16Earlier quoted context omitted.
I still remember Digg. Great community, but once they changed the UX and some features, everything went downhill.
the UX changes weren't the real problem, though they exacerbated the real problem. the real problem was a dramatic change in the content promotion algorithm that de facto transformed the front page of the site (which was much less cuztomizable than reddit's) into a corporate sponsored content billboard.
Re: Reddit raises $200M at a $1.8B valuation
#17>the company is literally re-writing all of its code Wow. >An early version of the new design, which we saw during our interview, looks similar to Facebook’s News Feed or Twitter’s Timeline: A never-ending feed of content broken up into “cards” with more visuals to lure people into the conversations hidden underneath. >“We want Reddit to be more visually appealing,” he explained, “so when new users come to Reddit the…
They keep adding more things to the default mobile interface (suggestions, ads, pictures) that slow it down and make me avoid using it.
I think they don't realize how much of their community actually likes that reddit is text based. Changing to an image based platform or video based would be disappointing.
Re: Reddit raises $200M at a $1.8B valuation
#18>the company is literally re-writing all of its code Wow. >An early version of the new design, which we saw during our interview, looks similar to Facebook’s News Feed or Twitter’s Timeline: A never-ending feed of content broken up into “cards” with more visuals to lure people into the conversations hidden underneath. >“We want Reddit to be more visually appealing,” he explained, “so when new users come to Reddit the…
What's the "reddit" that everyone will migrate to when they change the UX?
Re: Reddit raises $200M at a $1.8B valuation
#19Re: Reddit raises $200M at a $1.8B valuation
#20this sounds risky for a couple reasons. I hope this is a bit hyperbolic and they are only referring to the frontend. But anyway: rewriting everything from scratch is a monumental undertaking and can delay other important enhancements. Rewriting everything partially contributed to Netscape falling behind its competitors[1] and eventually to its irrelevance. The other reason it is risky is that maybe the site's simple and functional design is what made them so successful in the first place?
[1] https://www.joelonsoftware.com/2000/04/06/things-you-should-...