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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

#411

Post by downvotemore »

cwhiz wrote: post #409

On the surface, a cesspool dedicated to efficiently, and effortlessly, building and curating your own bubble. Terrible for humanity, and for everyone involved in the "discussions." Dig deeper, and it's mostly porn. If you zoom into any random community, it's probably porn. If it's not porn, it's some curated and heavily modded bubble forum for like minded individuals to reinforce what they already believe. It's unfor…

In the same way that you described reddit communities, HN is essentially a tech bubble.

On these platforms, anything that challenges the echo chamber’s status quo gets flagged or downvoted into oblivion. It has nothing to do with rules or content guidelines, and everything to do with opinions and emotions.

The downvote button needs to be removed entirely, because high karma users don’t know any more than the rest of us (other than how to be addicted to a screen).

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

#412

Post by RichEO »

markdown wrote: post #261
wraptile wrote: post #199

Earlier quoted context omitted.

Reddit is really not that special under the hood. Given the opportunity it can be replaced. It just suffers from people moving issue most social networks suffer. A decentralized alternative Lemmy[1] is already quite feature complete and in many ways even better than reddit itself. It's just a bit of a ghost town and many of the instances are aimed towards and/or controlled by political/social rejects.

It just suffers from people moving issue most social networks suffer. "just"? Reddit is the community, not code. Users aren't going to run off to Lemmy or any other site. It just isn't going to happen.

The community came VERY close to jumping ship when a beloved low (mid?) level employee was terminated back in 2015.

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

#414

Post by nunez »

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…

Given that /r/WallStreetBets went from ~1M to 7M subscribers over the course of a week, I'm going to say that there is strong overlap between the average Reddit user and Facebook users.

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

#416

Post by nunez »

vinhboy wrote: post #105
chambo622 wrote: post #37

Earlier 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.

Lately I have been adding "reddit" to all the questions I ask google because I know some "real" person on reddit will have a relatable answer. I too feel this is untapped potential.

I've been adding `site:reddit.com` to most of my searches for years, but I noticed this past year that Reddit threads rank highly on many searches even without this operator. That's huge.

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

#417

Post by heterodyning »

goto11 wrote: post #382
heterodyning wrote: post #196

Earlier quoted context omitted.

I wish there was an archive of r/askhistorians. It looks like they nuke discussion after they get one decent sized answer. I cant seem to find older threads too.

They continuously nuke answers and comments which does not conform to their standards, regardless of whether there is a legitimate answer or not. This is why so many threads appear empty, with only "[deleted]" answers.

I'd prefer if they tagged, stop replies, and hide responses that do not meet their standards.

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

#418

Post by heterodyning »

ricree wrote: post #381
heterodyning wrote: post #196

Earlier quoted context omitted.

I wish there was an archive of r/askhistorians. It looks like they nuke discussion after they get one decent sized answer. I cant seem to find older threads too.

The closest thing to an archive are the weekly "Sunday Digest" posts, in which people nominate their favorite answers of the week. It's eclectic and scattershot when it comes to topic, but the answers themselves are often interesting and well constructed.

Yes but it is very frustrating they have not indexed old answers that are impossible to reach beyond a few months.

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

#419

Post by vinhboy »

chillacy wrote: post #132
vinhboy wrote: post #105

Earlier quoted context omitted.

Lately I have been adding "reddit" to all the questions I ask google because I know some "real" person on reddit will have a relatable answer. I too feel this is untapped potential.

There is so much blogspam and SEO gaming going on now that google results are very low quality for any topic where there's money to be made.

Very good point. That is exactly why I stop visiting known network sites for answers. Especially when its topics like car repair, or home repair tips etc... It always goes to a fake SEO page with no real useful information.

So then it's either reddit or some very niche forums, but forums are hard to use.

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

#420

Post by DebtDeflation »

theNJR wrote: post #107

Kevin Rose had a pretty epic Tweet about wanting to buy Digg and bring it back to its pre-redesign phase [1]. Mark Cuban wanted in on it and I seem to remember Alexis Ohanian responded in a new tweet. I don’t feel like going through his old posts to link to it. I’d love a return to the old. Even if its just the social web version of reruns. [1] https://twitter.com/kevinrose/status/1347747289511563265?s=2...

>I’d love a return to the old

Bring back Usenet, IRC, and Listserv and get rid of everything else. Only half-joking. And yes, I'm aware those things still technically exist.

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