Reddit raises $410M in new funding • Hacker News Board

Re: Reddit raises $410M in new funding

#101

Post by kiba » Thu, Aug 12, 2021, 8:51 PM UTC

paulpauper wrote: post #81

muttantt wrote: post #76

Gotta pay the team of people that wholesale censor information there

the mods are even worse than admins in many respects. mods for popular subs have considerable control over what is allowed or not. Many subs have enormous blacklists of users,domains,and even words. As well as stupid, arbitrary content guidelines pertaining to length, the title, the body, and other stuff. Reddit admins have the most power but they tend to not get involved unless a sitewide rule is broken.

That's what make reddit great. Certain reddit are heavily moderated and you get great content.

If you don't like how moderation done, go start your own reddit.

Re: Reddit raises $410M in new funding

#102

Post by renewiltord » Thu, Aug 12, 2021, 8:53 PM UTC

Reddit is such an amazing platform. It is the practice of freedom made real. Don’t like the mods? Make your own subreddit. Don’t like someone? Block them and you’ll never see them. Universal SSO across thousands of communities makes it a trusted source for reviews.

It is akin to social networking what Craigslist is to marketplaces.

A magical magical place.

I would have liked if it was easy to federate, I.e. make a new subreddit that is just like this other subreddit and posts show up in both. You can make multireddits with plus signs but you can’t create a new one that is just like the old one except you don’t censor the word “pumpkin” or whatever.

Would be interesting but maybe a bad idea since it fragments the user base.

Re: Reddit raises $410M in new funding

#103

Post by ryantgtg » Thu, Aug 12, 2021, 8:53 PM UTC

paulpauper wrote: post #81

muttantt wrote: post #76

Gotta pay the team of people that wholesale censor information there

the mods are even worse than admins in many respects. mods for popular subs have considerable control over what is allowed or not. Many subs have enormous blacklists of users,domains,and even words. As well as stupid, arbitrary content guidelines pertaining to length, the title, the body, and other stuff. Reddit admins have the most power but they tend to not get involved unless a sitewide rule is broken.

I mod a surfing video sub, and I censor the heck out of wakeboarding videos! Oh, the power I wield! Mwahahaha!

Re: Reddit raises $410M in new funding

#104

Post by hinkley » Thu, Aug 12, 2021, 8:53 PM UTC

barbazoo wrote: post #100

What the hell does a site like Reddit do with almost half a billion dollars?! That's insane.

Figure out how to make two thirds of a billion dollars off its users, that’s what.

Re: Reddit raises $410M in new funding

#105

Post by f6v » Thu, Aug 12, 2021, 8:55 PM UTC

heywintermute wrote: post #88

dcolkitt wrote: post #9

On a visitor perspective, this seems undervalued. This is a 50% or more discount to the market-cap/unique visitor ratio of Twitter, Snap, and Facebook.[1] And all the stats I've seen indicate much higher user engagement and time on site for Reddit compared to the other social platforms. The biggest issue is of course that their monetization is horrible. Like 95% lower per user than the other socials.[2] So the real q…

>Or is there something intrinsic to Reddit traffic that makes it difficult to monetize? Reddit is also home to an enormous amount of porn and nsfw content in general which probably hurts this. They only just started preventing sexually explicit subreddits/content from appearing on r/all six months ago[0] https://www.reddit.com/r/changelog/comments/lhnvok/removing_...

It’s not going to be Tumblr all over again if they choose to ban it. But I wonder how many people use Reddit just for nsfw.

Re: Reddit raises $410M in new funding

#106

Post by khazhoux » Thu, Aug 12, 2021, 8:55 PM UTC

CamelCaseName wrote: post #90

paulpauper wrote: post #81

Earlier quoted context omitted.

the mods are even worse than admins in many respects. mods for popular subs have considerable control over what is allowed or not. Many subs have enormous blacklists of users,domains,and even words. As well as stupid, arbitrary content guidelines pertaining to length, the title, the body, and other stuff. Reddit admins have the most power but they tend to not get involved unless a sitewide rule is broken.

> Many subs have enormous blacklists of users,domains,and even words. This is the most pathetic slam against mods I have ever seen and shows that you haven't spent two seconds considering what you're criticizing.

Ironically, your comment itself also lacks any detail of countering or clarifying information, and is itself just a content-free slam on the person you replied to.

Is your point that the mods don't have all these blacklists (including of words), or that the mods do have the blacklists but they're allowed and expected to? Is the mod system working well, in your opinion?

Re: Reddit raises $410M in new funding

#107

Post by Scoundreller » Thu, Aug 12, 2021, 8:55 PM UTC

CodesInChaos wrote: post #70

kjax wrote: post #64

Earlier quoted context omitted.

There's another big factor with mobile app users: it's much harder to block ads in a mobile app.

Don't most users already use mobile browsers (e.g. chrome) which don't support extensions and thus ad blockers?

Firefox on iOS supports strict ad blocking. It’s not as good as some of the purpose-built extensions on desktop, but it mostly does the job.

Re: Reddit raises $410M in new funding

#108

Post by hinkley » Thu, Aug 12, 2021, 8:55 PM UTC

hbosch wrote: post #56

themanmaran wrote: post #7

I'm honestly surprised to learn that Reddit is still VC dependant. Seems strange to me that a 16 year old company still isn't self sustaining.

Reddit seems to me like a very hard product to monetize. As a daily user I get a ton of milage out of Reddit Enhancement Suite (desktop) and Apollo (iOS), in combination with typical ad-blockers. Combine that with the low friction of sign up (disposable e-mails allowed, no confirmation needed, sitewide bans rare) and the tacit allowance of "objectionable" content (porn, gore, hate speech, harassment, etc.)... you don…

But every time you take more money you have to make more money. It’s like they’re trying to give themselves permission to do things they haven’t dared to do so far.

Re: Reddit raises $410M in new funding

#109

Post by entangledqubit » Thu, Aug 12, 2021, 8:57 PM UTC

shantnutiwari wrote: post #53

As someone who tried to advertise on reddit (though it was > 1-2 years ago, so things may have changed)-- Reddit, along with Twitter, is very advertiser unfriendly. And Im not just talking about the users. I literally couldnt give them my money. I wanted to target a specific subreddit, but couldnt buy any impressions on it for 3 months. The app kept forcing me to advertise on /all, or all technology reddits, which wa…

I tried it recently (The most annoying part was the rather opaque period between launching, approving, and actually running the ad. The first real confirmation I had that things were working was a bill.

Re: Reddit raises $410M in new funding

#110

Post by barbazoo » Thu, Aug 12, 2021, 8:59 PM UTC

sergiotapia wrote: post #99

In the hn tiktok thread, I saw a salient comment that said: "When I visit reddit I just leave angry". Tiktok doesn't have this problem. I always have fun on that app, and leave feeling like it was a good time. Reddit is the total opposite. Nothing but people screaming and mods power-tripping, forever. Never experienced a website that objectively has such terrible impact on peoples lives. Are they going to use this mo…

I found that if you stick to very specific subreddits there is a way to use the site without getting angry.