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Reddit valued at $6B on a $250M round

reuters.com

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Re: Reddit valued at $6B on a $250M round

#201

Post by leereeves »

matsemann wrote: post #193
throwawaysea wrote: post #69

Earlier quoted context omitted.

> what I find awesome about reddit is its ability to connect people and really have group conversations on almost anything I see Reddit at its best in niche subreddits but it is far from a place to have conversations on almost anything. The site as a whole as well as most of the biggest subs have banned various topics or lines of discussion in a bid to align to progressive left political views.

> in a bid to align to progressive left political views Is there really this huge conspiracy by the left, or are most just tired of hate speech from the right when they want to look at funny memes? > it is far from a place to have conversations on almost anything Well, except for this alt-right stuff and things that are illegal, are so much else censored? I'd wager most people could find a discussion about any of the…

Half of the content on r/popular is hate speech about the right. It's among the most partisan, and from one point of view, toxic, sites on the Internet, but apparently, from another point of view, that's just "funny memes".

In contrast to the Hacker News guideline "assume good faith", the attitude on reddit is more like "assume anyone who disagrees is evil".

Re: Reddit valued at $6B on a $250M round

#202

Post by csin »

jachee wrote: post #111
throwaway1777 wrote: post #104

Earlier quoted context omitted.

That's such ancient history I would bet most of the kids on there now never used digg.

Eternal September continues unslowed across decades.

Ironic how you are getting downvoted because most hackernewers aren't old enough to know what Eternal September is.

Re: Reddit valued at $6B on a $250M round

#203

Post by patrickk »

frakkingcylons wrote: post #135
efrank02 wrote: post #99

Earlier quoted context omitted.

I’ve never spent time on r popular or the main page. If you only spend time in subs Reddit is very well designed and I think less exploitative than other social media

My issue is that you can’t serendipitously stumble upon random interesting subreddits without using the front page.

Search a topic through multireddit and you’ll often find users collection of related subreddits on a given topic, e.g. DIY

https://old.reddit.com/user/patrick_k/m/diy/

Re: Reddit valued at $6B on a $250M round

#204

Post by joker99 »

frakkingcylons wrote: post #135
efrank02 wrote: post #99

Earlier quoted context omitted.

I’ve never spent time on r popular or the main page. If you only spend time in subs Reddit is very well designed and I think less exploitative than other social media

My issue is that you can’t serendipitously stumble upon random interesting subreddits without using the front page.

Really? To me, the journey has been the other way around. Almost all of the subreddits I am subscribed to, I've stumbled upon by pure luck and coincidence. And more importantly: organically. I personally don't want recommendations, most algos are really bad

Re: Reddit valued at $6B on a $250M round

#205

Post by [deleted] »

dmode wrote: post #145

Reddit to me feels very undervalued. As witnessed by the GameStop saga and previously through the influence of r/D_T, Reddit has tremendous influence on modern society and shapes a lot of our narratives. They should be valued way over $6bn

[deleted]

Re: Reddit valued at $6B on a $250M round

#207

Post by betwixthewires »

comboy wrote: post #80
rkho wrote: post #63

Reddit is an intentionally designed dopamine machine with some areas of usefulness. There are pockets of great, high signal communities on Reddit that have not been unbundled. Discovery, however, is a mess. Some examples of some great subs: - HomeImprorvement is great for repair advice - Keto was helpful in my weight loss journey - Posture for, well, fixing my posture I've also bought and sold various digital and phy…

Reddit is a company that made people moderate their content for free. You don't need to know sub names to get some use of it. I append "reddit" to probably 1/3 of my search engine queries. Especially useful when looking for product recommendations.

My favorite reddit search result story: I asked a question once on Reddit, got no answer, figured it out on my own, then added my solution to the thread because I've been saved countless times by the guy that does that on the internet and I wanted to pay it forward. A couple years later, I have the same problem and remember solving it but don't remember how, search it and find my own answer.

This distils down basically every quality of reddit you need to know.

Re: Reddit valued at $6B on a $250M round

#208

Post by betwixthewires »

sprite wrote: post #178

They are purposefully making Reddit absolutely terrible on mobile web browsers. They constantly try to force you to download the app, don't let you read full threads without it, etc. It seems it just constantly gets worse and worse.

I've found this criticism and similar are sadly the norm with most modern internet products, platforms, web apps, etc. I'm sure some of it is resistance to change, but I can't just chock all of it up to that. Most of the changes on most big internet sites over the last few years have hurt UX and been contrary to user interests. Netflix, github, YouTube, Google, reddit, Facebook, you name it, they all are constantly making decisions that inhibit rather than empower users. it's the story of the internet for at least 5 years.

Re: Reddit valued at $6B on a $250M round

#209

Post by shafyy »

jug wrote: post #112
rkho wrote: post #63

Reddit is an intentionally designed dopamine machine with some areas of usefulness. There are pockets of great, high signal communities on Reddit that have not been unbundled. Discovery, however, is a mess. Some examples of some great subs: - HomeImprorvement is great for repair advice - Keto was helpful in my weight loss journey - Posture for, well, fixing my posture I've also bought and sold various digital and phy…

Yes, discoverability of "good" subreddits is not there. But on the other hand I think Reddit get too much criticism. I find most subreddits besides the big catch-all ones like /r/pics good. Basically all the TV shows have fun post-episode discussions and going through Game of Thrones, Black Sails or The Expanse wouldn't have been the same without Reddit for me. It becomes the group of buddies I can vent or be in awe…

I also love the TV show subs. And each of them has its own culture, too. For example, r/thesopranos is basically just a bunch of people discussing the series with quotes from The Sopranos. Makes me laugh out loud every time I read something on there.

Re: Reddit valued at $6B on a $250M round

#210

Post by betwixthewires »

markdown wrote: post #90
jjcm wrote: post #87

Reddit is a top ten site in the US, but is valued at a fraction of its competitors. The main worry I have for reddit moving forward is how do you monetize a userbase that is HIGHLY resistant to change. They're pushing heavily into their new mobile app, which is a solid start as an ad platform, but the old crowd on reddit all came from Digg after Digg tried to change their model to support more revenue. Their users wi…

Digg users had an attractive alternative to run to. Reddit users don't.

That's actually not true, its just that the days of the big platform are over. It took a big company innovating to provide the value then that small dev groups are building left and right now. Those leaving reddit (and Facebook and YouTube and everything else) aren't migrating to an alternative site, they're spreading out into a diaspora. You've got software like Lemmy and Ruqqus and notabug.io and others and people are using them. There are lots of attractive alternatives, not just one.
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