>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…
So they're doing a Digg. End of an era. What's the "reddit" that everyone will migrate to when they change the UX?
Reddit raises $200M at a $1.8B valuation
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Re: Reddit raises $200M at a $1.8B valuation
#22>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
#23>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…
So they're doing a Digg. End of an era. What's the "reddit" that everyone will migrate to when they change the UX?
Re: Reddit raises $200M at a $1.8B valuation
#24>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…
So they're doing a Digg. End of an era. What's the "reddit" that everyone will migrate to when they change the UX?
Re: Reddit raises $200M at a $1.8B valuation
#25> Still, he says making money is “not our top priority,” estimating the company spends only about 20 percent of its resources on its advertising business. Huffman declined to share revenue totals. The company is also not profitable. I 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 profit…
Worked out okay for their investors.
Re: Reddit raises $200M at a $1.8B valuation
#26> Still, he says making money is “not our top priority,” estimating the company spends only about 20 percent of its resources on its advertising business. Huffman declined to share revenue totals. The company is also not profitable. I 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 profit…
Re: Reddit raises $200M at a $1.8B valuation
#27Earlier quoted context omitted.
So they're doing a Digg. End of an era. What's the "reddit" that everyone will migrate to when they change the UX?
Voat ( https://voat.co/ ) is also an option I've heard of before but never used. However I just looked at their front page and the number 2 post is titled 'How to solve the Voat's antisemitism problem' and the image contains an antisemitic slur so that's not very promising.
Re: Reddit raises $200M at a $1.8B valuation
#28The default view/experience is awful, imho. Let's assume there are about 10 separate logical lines of thought, which have been expressed as "root" comments - that is, responses to the original post. These have been upvoted.
What do you see when you start browsing? You'll see the top voted root response...and then potentially pages upon pages of upvoted s*tpost responses, rhymes and pun threads that get beaten to death, in jokes, memes, etc. Only after you scroll through all of this will you get to separate discussion thread number 2.
Next up - down voting has long ceased to be a mechanism for true moderation and getting rid of off-topic or nasty comments. It is just the default "I disagree with you or don't like what you said for some reason" action, and once the downvote spiral starts, it's very easy to just get wiped out of the conversation.
The problem this leads to is the super prevalent group-think and echo chamber nature of most sub-reddits any more. As much as the reddit "hive mind" is a joking expression - it has also become all too real. Many popular reddits even have a corresponding ____circlejerk counter part - to me, evidence of how common this effect is (if you haven't read one of these, they are usually a humor outlet where people make sarcastic/parody posts of the common recurring themes in the actual sub-reddit.)
Re: Reddit raises $200M at a $1.8B valuation
#29> Still, he says making money is “not our top priority,” estimating the company spends only about 20 percent of its resources on its advertising business. Huffman declined to share revenue totals. The company is also not profitable. I 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 profit…
b) They may have a plan towards profitability over a certain period of time that they haven't shared with you or me but that was convincing enough to potentially be a good investment (or maybe other scenarios, such as selling to an even bigger company who already can monetise... such as Google)