Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

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

reuters.com

Post reply on HN
Print view View original

391–400 of 441 posts

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

#391

Post by joshribakoff »

np- wrote: post #300
fireattack wrote: post #101

Earlier quoted context omitted.

>looking for product recommendations This is the trick I use too; but I found the result still isn't great enough for a few reasons. 1. People seem have a tendency to recommend products/brands that are niche or "in minority". Like some obscure ones that scratch particular itch for that user (and often expensive and hard to find). This is totally fine on its own, but you want to have the big picture (i.e. learn about…

It’s good if you keep in mind who the typical redditor is and if you would take advice from that type of person in real life. One notable example was when I was trying to do some research on cars. The type of things generally recommended seemed almost tailor made for young men at a certain stage of their life (ie budget/sporty/manual/etc). Sure I love that stuff too, but just take a look around in the real world, and…

It’s an echo chamber too. On /r/investing people parrot “time in the market beats timing the market”, while this may be true for most, I read a post the other day where someone wrote “I really want to buy the dip but I know that would be childish”. While it may be riskier than the strategy they parrot it’s hardly “childish”.

On /r/personalfinance people say you must payoff a 2% mortgage before you can consider investing. Advice on there is hit or miss because of herd mentality

There’s also entire subs dedicated to illegal activity like sharing pirated content or sourcing scheduled substances, or discussing conspiracy theories or discussing violence, and Apple is ok with this while shutting down other apps like parlor which arguably didn’t do anything different

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

#392

Post by typon »

juped wrote: post #158
comboy wrote: post #80

Earlier quoted context omitted.

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.

This just works because Google is at a more advanced stage of decay into content farm dystopia than Reddit is.

Up votes make all the difference. They are relatively transparent while Google's PageRank isn't.

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

#393

Post by Armisael16 »

bad_username wrote: post #188
NoPicklez wrote: post #147

Earlier 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…

In terms of features and intent HN is similar to Reddit. But HN is miles and miles ahead in the quality of discussion, moderation, and diversity of thought and opinions.

HN is significantly better in its particular area of focus and somewhat worse in other areas. This is basically what you'd expect from a community with a narrower focus - HN hasn't done anything wrong on that front.

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

#394

Post by Anon1096 »

TheRealDunkirk wrote: post #325

308 comments at the time of this writing, and no one has talked about the fact that -- given the relative user counts and traffic -- all of normal subs are just a legitimacy-conferring facade over the NSFW content? Reddit is the largest non-MindGeek porn site on the internet. I would guess that the revenue from this side is what makes the whole thing work.

Honestly, I have no idea how the New York Times took issue with Mindgeek over child porn on PornHub, but failed to ever mention Reddit. Reddit is the single largest child porn distributor on the Internet, and the nsfw subs are a ticking time bomb just waiting for a horrible media expose to be written. I'm sure in the meantime though they're a major driver of traffic so Reddit will act willfully ignorant.

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

#395

Post by flavius29663 »

wilsocr88 wrote: post #332

Reddit essentially gets users addicted, then surrounds them with what appears to be an environment driven by a kind of democratic consensus (everyone can vote!) but which is actually very tightly curated and edited toward political and social ends. This is so sinister. You don't get that valuable being a popular platform for link-sharing and comments. You get that valuable by wielding an appreciable amount of power o…

I wholeheartedly agree. It's also more addictive than Facebook or Instagram, and (for me at least) it's a more negative mental experience. Probably because of all the dopamine.

I don't remember it being like this in the beginning. Not sure if it was because I wasn't hooked on it yet, or because they changed their algorithms. Also, since Trump in 2015, it went even more downhill pretty fast. I am pretty sure they intentionally made it such that you get angry at "the other side" - it was so easy to do that with Trump.

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

#396

Post by Auracle »

La1n wrote: post #265
bad_username wrote: post #188

Earlier quoted context omitted.

In terms of features and intent HN is similar to Reddit. But HN is miles and miles ahead in the quality of discussion, moderation, and diversity of thought and opinions.

>diversity of thought and opinions. I don't think so, HN has a pretty specific audience. Just like reddit opinions that don't follow groupthink are often downvoted.

In political discussions on HN you usually see both sides represented and respected. That rarely happens on Reddit.

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

#397

Post by emptyfile »

toomanybeersies wrote: post #124
fireattack wrote: post #101

Earlier quoted context omitted.

>looking for product recommendations This is the trick I use too; but I found the result still isn't great enough for a few reasons. 1. People seem have a tendency to recommend products/brands that are niche or "in minority". Like some obscure ones that scratch particular itch for that user (and often expensive and hard to find). This is totally fine on its own, but you want to have the big picture (i.e. learn about…

I've found that reddit tends to get pretty cargo culty around particular products/brands, like Sony mirrorless and the Olympus mju II for cameras, Denon DJ equipment, or Starting Strength for weightlifting. So many recommendations basically follow the form "I'm new to this hobby and bought one of these a week ago, I swear it's the best thing ever"

Lol.

Reminds me how I once asked what's a good EU online shop for running gear on the running subreddit, and the top recommended post was about a premium priced boutique european manufacturer of clothes for "plus sized" runners...

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

#399

Post by TheRealDunkirk »

TechBro8615 wrote: post #372
TheRealDunkirk wrote: post #325

308 comments at the time of this writing, and no one has talked about the fact that -- given the relative user counts and traffic -- all of normal subs are just a legitimacy-conferring facade over the NSFW content? Reddit is the largest non-MindGeek porn site on the internet. I would guess that the revenue from this side is what makes the whole thing work.

What revenue? I'm pretty sure NSFW subs don't have ads.

I don't have any inside information, but I've always guessed that this is how Reddit makes most of its money: paid manipulation of the allegedly-organic page composition. You DON'T think that the various *hubs AREN'T paying Reddit for placement for their clips and have links to the full video?

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

#400

Post by zucked »

eloisant wrote: post #227
NoPicklez wrote: post #147

Earlier 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…

Because HN is a single place, as opposed to subreddits, it's a weird mix of software developers, founders, investors, etc. You could basically compare HN to a single subreddit.

I think of HN as the real life manifestation of the kind of discussion that would come up at a dinner party with a really, really, diverse group of people who all happen to spend most of their time in some tech-related career.
Post reply on HN