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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

#511

Post by jlarocco »

Must be .com bubble 2.0 if VCs will throw that much money at a company who can't monetize that many users after this many years.

Not my money, so I don't care, but I do really have to wonder what their plan is.

The way I see it, Google, Apple, and Facebook won't buy them because they're not competitors and they already have more users. And 99% of Reddit users probably use 1 or more of those 3 already anyway.

An IPO seems unlikely because they're not making enough money.

So maybe they're hoping for a buyout from a media company?

Re: Reddit is raising a huge round near a $3B valuation

#512

Post by hrktb »

wolco wrote: post #309
ryanmcbride wrote: post #259

I know someone worked for reddit for a while last year (they don't anymore because they hated every second of it) and from what I understand the engineering teams there are a nightmare of groups that don't talk to each other, constantly write the same code in completely different ways, have no common style and just shoehorn in whatever they want. Everything breaks pretty much all the time. All of that is aside from t…

You had me believing that reddit was a bad place to work. When you complain that the CEO gave drugs to an employee in a cabin I started to question if your opinion matches my value system. When you were shocked they hosted other points of view then I completely changed my mind because reddit is a place for all viewpoints and thought reddit is starting to sound like a great place to work. Sounds like teams are impleme…

GP’s comment should be taken into context: the CEO is not just a cool dude, he does stupid stuff like rewriting in DB user comments making fun of him.

Why can the CEO even technically get access to the data ?

Same with communities, a lot of them get banned. Basically every week I hear about some community get canned, it’s pretty usual, and often justified.

Yet these “other points of view” subreddits that are pretty frequently violating the service rules (no individual bullying, no doxxing, no stalking etc.), and get reported like crazy still get by for years under the excuse of “making efforts to collaborate with the admin team and act on the violations”.

I don’t have insider insight, but from the look of it I can’t imagine a healthy organisation behaving this way.

Re: Reddit is raising a huge round near a $3B valuation

#513

Post by 0xffff2 »

wyldfire wrote: post #130
jakebasile wrote: post #116

Earlier quoted context omitted.

At least we can continue to use old.reddit.com for now on desktop. On mobile, I refuse to use their own app since it's hot garbage and stick to Apollo, which works pretty well so far.

Unfortunately the way that comments are rendered depends on which view you use. There's probably a subset that works for both but many [new.]reddit.com users won't realize that their post doesn't render correctly for old.reddit.com. Given this design, I suppose one must suffer: [new.]reddit.com adoption or the experience for old.reddit.com.

Could you elaborate? I've managed to avoid the redesign completely, and I haven't noticed any comments that appear to be rendered incorrectly.

Re: Reddit is raising a huge round near a $3B valuation

#514

Post by covercash »

Reddit is still great if you take the time to curate subreddits that pertain to your interests and you use a 3rd party app (Apollo is really fantastic.)

I mostly spend my time moderating r/CrohnsDisease and making sure the people who post there get at least one thoughtful reply. I browse r/all most days but rarely do I post content or comments outside of my main subs because there’s just so much toxicity on the platform.

I wish Alexis had been able to influence the core values of the company before leaving the second time, he seems like one of the few genuinely good people at that level of major tech companies these days. It’s a shame he’s moved on to other things.

Re: Reddit is raising a huge round near a $3B valuation

#515

Post by lmpostor »

Elect2 wrote: post #502
jhedwards wrote: post #174

Earlier quoted context omitted.

> What incentive do I have to sign up? Arguably the best Reddit experience is only available when you are signed in. Reddit's greatest value come from niche communities. Personally I enjoy things like r/savagegarden, r/mycology and r/askhistorians, so when I log in I see pictures of mushrooms and carnivorous plants, and get to read interesting articles about history and science. If you don't log in and subscribe to t…

OFF-TOPIC question: how did you first time find those subreddits?

I mean you can search?

If it is a common word or activity, chances are there is a related subreddit for it, and askhistorians is one of the more well known ones. There are a lot of similar ask subreddits titled in a similar fashion, but that obviously comes from knowing other parts of reddit.

Re: Reddit is raising a huge round near a $3B valuation

#516

Post by asdff »

therealdrag0 wrote: post #417
urda wrote: post #355

Earlier quoted context omitted.

Blocking /u/GallowBoob did nothing but improve my reddit experience.

I've seen this comment more recently. I just thought he was a notorious reposter. What specifically is bad about him? (I often don't mind reposts when it's a first time for me..)

'He' is probably a small team of people using that account to repost paid content. There are dozens of massive accounts like this, I wish I had a comprehensive list to filter them all without going through user history one by one.

Re: Reddit is raising a huge round near a $3B valuation

#517

Post by gcb0 »

minimaxir wrote: post #16

I've been a fan of Reddit for a very long time (as the amount of data science work I've done with their data can attest to), but lately it seems like the incentives between Reddit as a business and Reddit as a community leader are not aligned, and that is a problem. The increasing amount of dark patterns Reddit has been employing lately is concerning. (recent example: Reddit now gates content in mobile Safari to push…

differently from Google, reddit was bootstrapped by dark patterns! their founders even brag of it!

my point being that with Google your complaint is valid. But on reddit case, you are just signaling that you liked one dark pattern (which probably benefited you) more than others.

Re: Reddit is raising a huge round near a $3B valuation

#518

Post by SlowRobotAhead »

What a great time to point out an example of Reddit behavior just today...

https://old.reddit.com/r/videos/comments/an6vek/video_from_t...

You have to be some special sort of special to think Reddit Inc isn't complicit in the censorship going on. That's not a long term sustainable position. They're far too obvious about it.

Re: Reddit is raising a huge round near a $3B valuation

#519

Post by rchaud »

irrational wrote: post #419
ssnistfajen wrote: post #232

Earlier quoted context omitted.

Yeah the horde of edgelords in WPD totally isn't one of the reasons the sub got quarantined. Gore will always be considered shock content, but the comments in WPD are almost always downright repulsive.

Dare I ask what an edgelord is?

It's when you behave online like you are 15 years old. Everything about you has to scream 'enlightened contrarian' or 'devil's advocate' otherwise you'll become one of those conformists clicking their fingers to Taylor Swift and Imagine Dragons.

Conversations with them are impossible and frustrating because they aren't looking to talk to someone, they're looking to talk AT someone and collect as many upvotes as possible.

Re: Reddit is raising a huge round near a $3B valuation

#520

Post by crowdpleaser »

rhcom2 wrote: post #509
crowdpleaser wrote: post #460

Earlier quoted context omitted.

I don't see it as any more or less sociopathic than saying "you need to pay for these people's medicine or else I'll sic the authorities on you". If I saw illegals as non-human, I'd advocate for the local DNR to hand out hunting permits for illegals. Don't you see my humanity? I bust my ass to earn my keep, I don't demand access to things others have, if that attitude were reciprocated and people took care of themsel…

You can see people as less than human without thinking it is okay for you to hunt them as animals. Advocating to let people die, instead of treat them, because they aren't here legally is putting their immigration status above them as a person and to me absolutely lessening their humanity. If someone is hurt and comes to me for help, I don't ask to see their papers.

>You can see people as less than human without thinking it is okay for you to hunt them as animals.

Please keep reading my mind - why do I think this way? What status do I think illegals have if I want to treat them better than animals but worse than fellow citizens?

>Advocating to let people die, instead of treat them, because they aren't here illegal is putting their immigration status above them as a person and to me absolutely lessening their humanity.

Then why don't you advocate for a voluntary system to take care of illegals rather than tell me I'm a sociopath for exercising challenging but important fiscal discipline?

For the record I'd be fine treating illegals if someone else paid for it voluntarily - billionaire philanthropists, DSA chapters, the countries that these people remit their earnings to, etc. I'm not saying they don't deserve health care, I'm saying that I don't want to pay for it and I'd rather they suffer than I do.

Please address: My borders my choice. If I can't advocate for my hard work and sacrifices to be invested as I see fit, what autonomy do I have? Do you tell women they have to spread their legs for the less fortunate or else they're sociopaths?

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