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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

#271

Post by 29athrowaway »

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…

r/zerowaste is a great sub too. It's about reducing your waste output.

Some bizarre subreddits I read once in a while are:

- r/CatsStandingUp: the rule #1 states "Cat. and only Cat.", and the community interpreted it as only being able to write "Cat."... So, every post and every comment says "Cat.".

- r/IMGXXXX: random videos with default names given by cameras (e.g.: DSCXXXX, IMGXXXX)

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

#272

Post by sdflhasjd »

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…

> Well, except for this alt-right stuff and things that are illegal, are so much else censored?

Yes, fanboy/"power-tripping" mods of some interest-based subreddits can be pretty bad.

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

#273

Post by cblconfederate »

dageshi wrote: post #245
cblconfederate wrote: post #197

Reddit (and discord) seem to me ripe to be unbundled. They are benefiting enormously from the free labour of moderators, and their network advantage depends highly on google's asinine decisions to block out anything but the top 10 sites on their search results. Due to aging moderators, overcrowded communities and meme fatigue, we re more likely to watch their communities break off independently.

The direction of travel has been opposite of that for 10+ years. Small forums that used to exist on niche subjects are being absorbed into reddit.

were. i see communities breaking off

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

#274

Post by matsemann »

sdflhasjd wrote: post #272
matsemann wrote: post #193

Earlier quoted context omitted.

> 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…

> Well, except for this alt-right stuff and things that are illegal, are so much else censored? Yes, fanboy/"power-tripping" mods of some interest-based subreddits can be pretty bad.

But you could always just make your own community. It's done all the time.

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

#275

Post by rataata_jr »

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.

It stops being fun once there are more users. Decentralized solutions are the future or image boards.

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

#276

Post by ppf »

Reddit is trash. Just look at the direction it is going (eg, browse to "reddit.com" without logging in), and realise that you should not be giving this company your precious attention.

I recently had a "digital purge", and my last reddit account was one of the many things to go.

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

#277

Post by OmegaPG »

burgerquizz wrote: post #228

which subreddits do HNers find the most useful ? I know there is many subreddit gems but it's not easy to discover them. I love browsing those where I find excellent advices: https://www.reddit.com/r/awardtravel/ https://www.reddit.com/r/financialindependence/ https://www.reddit.com/r/startups/ (I think more human than HN for advices / feedbacks ) https://www.reddit.com/r/books/ ( found great non-mainstream books to…

check

https://www.reddit.com/r/space

https://www.reddit.com/r/science

https://www.reddit.com/r/programming

too

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

#278

Post by lexs »

wtf_is_up wrote: post #187
tjs8rj wrote: post #171

Earlier quoted context omitted.

I just watched a video on Apple’s “cash problem”, with one of the video creators core point that “people expect the stock price to go up, and that can’t happen unless Apple does something with that cash and makes more with it!”. Got me thinking: isn’t one of the core premises of investing that you’re purchasing ownership of cash flow? Is the ideal company one that it’s never profitable because it so perfectly allocat…

AAPL pays a dividend and has a substantial buyback program. Their cash problem, if you want to call it that, is that they bring in so much revenue with nice margins that it is impossible to allocate it all. So they return some value back to shareholders through divvies and buybacks, spend what is reasonable on R&D, and keep cash on hand for flexibility. They don't seem that big on M&A, but that is probably a good thi…

It's a shame that the third way to spend the money is totally forgotten now apparently. Yes you can re-invest, give back to shareholders, but why not increase wages?

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

#279

Post by OmegaPG »

I am a digg refugee and using Reddit for 12 years. Reddit has some serious lack of moderation issues and too much politics now a days. Most of the country based subreddits are hijacked by the political ideologies of just 1-2 moderators.

For example, /r/India is hijacked by the moderators with political affiliation to Congress and AAP and they ban users immediately with any opinion which doesn't fit their narrative. I have messaged the reddit admin team to change the mods and stop calling them official subreddit of India but they obviously don't care.

Too much politics may cause Reddit downfall.

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

#280

Post by matsemann »

leereeves wrote: post #269
matsemann wrote: post #266

Earlier quoted context omitted.

Trying to be smart by copying my other post doesn't really work here, does it?

It works as well as it did on my post, where I said nothing about "both sides". And responding to criticism by calling it "'both sides are both equally bad'-rhetoric" is definitely discussing in bad faith. I'm not talking about "both sides", my point is about reddit's hypocrisy in allowing hate speech directed at conservatives. In an alternate reality where reddit chose to ban all hate speech, the discussion would be…

Edit: Removing my comment as it made no sense after parent rewrote his..
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