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Reddit raises $200M at a $1.8B valuation

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Re: Reddit raises $200M at a $1.8B valuation

#81

Post by chaostheory »

stevenj wrote: post #3

>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…

As long as reddit allows sub-reddits to display their feeds how they like, they should be fine. reddit's strength is allowing reddit to be tailored to every individual user.

Re: Reddit raises $200M at a $1.8B valuation

#82

Post by debacle »

nameless912 wrote: post #27
uncoder0 wrote: post #23

Earlier quoted context omitted.

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.

Voat is a complete shithole these days unfortunately. It was very quickly overrun by disgruntled members of Reddit's alt-right fringe community.

The free speech part of Voat is great. I don't think it's so much overrun as that the only people there are the ones with radical opinions.

I wouldn't use Voat for other reasons, but that's just me.

Re: Reddit raises $200M at a $1.8B valuation

#83

Post by petra »

nerfhammer wrote: post #49
raldi wrote: post #25

Earlier quoted context omitted.

Brings to mind an article I read circa 2001 where a Google executive said, "Look, we could be profitable next month if we covered the site with annoying ads, but we're not going to do that. We're focusing on growth now." Worked out okay for their investors.

Search results pages turn out to be the most valuable possible place to put ads. Reddit might not be nearly so. Then again Facebook initially seemed like it would have that problem but they seem to have overcome it.

But what if Reddit, which has tons of great content, blocks access to Google search, focuses on building a really good search engine, and strongly marketing it via sharing search results in their platform, could this become popular ?

And while $200M doesn't fit a design change, search engines are expensive.

Re: Reddit raises $200M at a $1.8B valuation

#84

Post by ojbyrne »

m777z wrote: post #67
throwaway81122 wrote: post #36

Earlier quoted context omitted.

Like Craigslist and its downfall, the migration isnt going to be to one large community, but many smaller ones.

Craigslist had a downfall? I thought it hadn't changed substantively in a decade at least.

I'm guessing he's referring to this article:

https://www.quora.com/Why-hasnt-another-product-disrupted-an...

Which had quite a lot of visibility a few years ago.

Re: Reddit raises $200M at a $1.8B valuation

#85

Post by debacle »

koolba wrote: post #15

> 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…

A huge amount of reddit users (I think 70%+) use ad blockers.

Re: Reddit raises $200M at a $1.8B valuation

#87

Post by synunlimited »

chaostheory wrote: post #81
stevenj wrote: post #3

>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…

As long as reddit allows sub-reddits to display their feeds how they like, they should be fine. reddit's strength is allowing reddit to be tailored to every individual user.

Well the are already phasing out custom subreddit CSS so I don't think it will be part of the new design.

https://www.reddit.com/r/modnews/comments/66q4is/the_web_red...

Re: Reddit raises $200M at a $1.8B valuation

#88

Post by autokad »

sidlls wrote: post #76
celticninja wrote: post #32

Earlier quoted context omitted.

I think it is starting to happen already. A few too many jokey comments appearing, puns and the like.

HN takes itself too seriously. This site isn't brimming with intellectuals having significant, deep discussions. It's a bunch of hackers, nerds, and interested people who aren't either of those things kibbitzing about things (sometimes only marginally) related to technology. I find the resistance to even a little humor to be hilarious (and embarrassing, for them).

what bothers me the most is: people downvoting an opinion that differs from their own. In a contrived example, if someone says jobs was nothing without wozniak, I dont think a person should be downvoted for voicing their opinion.

Re: Reddit raises $200M at a $1.8B valuation

#89

Post by untog »

nameless912 wrote: post #27
uncoder0 wrote: post #23

Earlier quoted context omitted.

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.

Voat is a complete shithole these days unfortunately. It was very quickly overrun by disgruntled members of Reddit's alt-right fringe community.

Voat is just the latest in a never-ending cycle.

"We want free speech! Everyone move to our alternative venue where we promote free speech! [...] Wow, there's some truly hateful content on here, how did that happen?"

Re: Reddit raises $200M at a $1.8B valuation

#90

Post by herrkanin »

debacle wrote: post #82
nameless912 wrote: post #27

Earlier quoted context omitted.

Voat is a complete shithole these days unfortunately. It was very quickly overrun by disgruntled members of Reddit's alt-right fringe community.

The free speech part of Voat is great. I don't think it's so much overrun as that the only people there are the ones with radical opinions. I wouldn't use Voat for other reasons, but that's just me.

I will never understand this romanticising of free speech on private platforms. Why would a service that cares about its members _ever_ implement free speech policies? That's just asking for assholes. If anything, popular services should have _more_ filtering and removal of asshole users.
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