Reddit has one thing going for it. Not much competition just like Facebook. It is a hard market to break into (social media) and people just don't try. We have new startups focusing on newest hottest shit like AI driven solution to mashing potatoes. But rarely we see startup tackling good old social media. Maybe because it is high fail area while current AI fueled rush is not yet branded high fail area ? Anyway good…
Reddit valued at $6B on a $250M round
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Re: Reddit valued at $6B on a $250M round
#312Re: Reddit valued at $6B on a $250M round
#313Earlier quoted context omitted.
My parents in their 60s have discovered that Reddit is a great source of research to get real humans talking about a variety of topics (basically what Quora aimed to be but never was). I strongly feel they're just getting started.
Maybe. As a long time Reddit user I’m looking for new alternatives as it’s just getting more and more meme-y, negative snark and groupthink. This wsb thing was a perfect example. If you try to do any critical thinking you’ll get banned. Just post memes and move on.
Re: Reddit valued at $6B on a $250M round
#314Covid-19 claims another victim
Re: Reddit valued at $6B on a $250M round
#315Earlier quoted context omitted.
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
#316Reddit is exactly one drama away from zero valuation. Hero to zero like digg. Just way too much diverse communities under one roof that don’t really fit with their corporate need to be PC
That didn't shut them down. I shudder to think of what drama would be big enough to pull it off.
Re: Reddit valued at $6B on a $250M round
#317Reddit 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.
Re: Reddit valued at $6B on a $250M round
#318Reddit 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…
Just jumped onto the front page and found most of the posts to be politically charged, including posts from ostensibly apolitical subs like /r/science. Of course there's a market there, but they're certainly not going to grow when they're immediately alienating such a wide potential user base.
Reddit generally works for these small subs, but even those will eventually become cancerous. I don't know if it's something reddit can fix, outside of adult hobby-oriented subs, nearly every community went from something of quality to worthless after a few years.
Re: Reddit valued at $6B on a $250M round
#319Earlier quoted context omitted.
Could you not argue that HN is the same thing, just at a smaller scale? HN is essentially just a front page. Reddit just doesn't tailor itself to one particular type of discussion like HN does. But rather the dominant topics of discussion such as /r/funny frequently dominate the front page due to popularity. Reddit is really what you make of it and if you only subscribe to topics that interest you, it becomes a vastl…
>Could you not argue that HN is the same thing, just at a smaller scale? HN is essentially just a front page. The more niche a community is the higher the bar to entry the less internet riff raff you get. The more one's past comments stick around the less inclined people are to type bullshit. Reddit is slightly better on average than 4Chan. HN is better at the extremes and on average than Reddit. But they're all crap…
Re: Reddit valued at $6B on a $250M round
#320Earlier quoted context omitted.
I just use old.reddit.com instead
On mobile? It renders a desktop view and is therefore almost unusable. i.reddit.com is the mobile equivalent, but is also terrible.
try http://reddit.premii.com/ there also https://hn.premii.com/ .