Reddit is raising a huge round near a $3B valuation
techcrunch.com
Reddit is raising a huge round near a $3B valuation
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Re: Reddit is raising a huge round near a $3B valuation
#2Fun, I deleted my 9 year old account last night. It's wasn't out of some high-minded thing about how they're turning more into Facebook or privacy or anything. That site just hits my dopamine so effectively I had to quit and block it in my /etc/hosts.
I am spending more time on HN though...
Re: Reddit is raising a huge round near a $3B valuation
#3Is there an ActivityPub or similarly decentralized alternative? I don't want to get invested in reddit only for them to shut down their API (it'll happen, always does) and force me to use their garbage mobile client.
Re: Reddit is raising a huge round near a $3B valuation
#4... because raising large rounds at high valuations has worked out well for other media companies like Buzzfeed, et al.
Re: Reddit is raising a huge round near a $3B valuation
#5I've given up most social media but have become obsessed with Reddit.
No matter how much I use it, I'm constantly amazed that I can be immediately connected with the most knowledgeable and enthusiastic people on virtually any subject I care about.
I'm not a fan of the redesign or their push to look at other social media platforms, but I understand the direction they have to go to build revenue.
Re: Reddit is raising a huge round near a $3B valuation
#6I expect this raise to result in a number of enhancements to the user experience which make it a more pleasant and enjoyab[Open this link in the Reddit App?]le place to discourse.
Re: Reddit is raising a huge round near a $3B valuation
#7Is there an ActivityPub or similarly decentralized alternative? I don't want to get invested in reddit only for them to shut down their API (it'll happen, always does) and force me to use their garbage mobile client.
I think Prismo is in development as well as another to-be-announced one. Edit: And Anancus is a link sharing app too I believe.
Re: Reddit is raising a huge round near a $3B valuation
#8Reddit has been raising money for almost 15 years! I wish I had the connections to VC's that reddit apparently does. I can definitely spend all the money a VC gives me, then raise more money, and then spend all that money, and never turn a profit for 15 or 20 years.
Re: Reddit is raising a huge round near a $3B valuation
#9Fun, I deleted my 9 year old account last night. It's wasn't out of some high-minded thing about how they're turning more into Facebook or privacy or anything. That site just hits my dopamine so effectively I had to quit and block it in my /etc/hosts. I am spending more time on HN though...
My solution is unsubscribing from subreddits that are too clickbaity and do not "educate" me. I sometimes realize "Reddit is too fun today", "oh yeah, I am logged out".
Re: Reddit is raising a huge round near a $3B valuation
#10>But supporting and moderating all that content isn’t cheap
What? Moderators don't get paid at all to moderate.