Reddit raises $410M in new funding

Post by screye » Thu, Aug 12, 2021, 9:50 PM UTC

adventured wrote: post #35

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.

It is strange. The obvious solution to Reddit's revenue problem was to build a marketplace into the foundation of the network, and they should have done that more than a decade ago. Etsy, eBay, FB Market, Craigslist, Fiverr, OnlyFans (which was built-up by riding on social media propagation, taking advantage of services like Reddit), and 400 other various types of online markets. There's no reason Reddit could not ha…

Post by Buttons840 » Thu, Aug 12, 2021, 9:52 PM UTC

lovich wrote: post #167

ruined wrote: post #47

Earlier quoted context omitted.

digg died fifteen years ago. clearly a lot has changed, and the mistakes that killed digg have not been made. and i think reddit is beyond the point at which a digg-style fuckup could kill them. at worst you might see cadres of ideological users depart for something like lemmy, which is already happening to an extent, but there is a lot of space to flee internally, so most users don't feel the pressure. and diffusion…

whats lemmy? Googling around all I found was articles about the motorhead singer and some weird dead forum from the 2000s about lemmy koopa

Post by mdoms » Thu, Aug 12, 2021, 9:52 PM UTC

dcolkitt wrote: post #16

fnord77 wrote: post #2

yet reddit feels like it is dying. non-political subs with very obvious political agendas. The illusion of popularity-based ranking of articles when in reality it is mostly curated Zero transparency on the moderators the big news and political subs Control freak moderators on special interest subs. Some big investors don't seem to be able to accurately gauge what an internet property is worth. Look at Verizon buying…

The gems on Reddit are almost all small subreddits with a community feel. I'd be virtually certain that its high user engagement is primarily driven by users who've matched into smaller subreddits that closely align with their interests. The big, default subreddits are largely wastelands. But Reddit the platform seems to entirely ignore this dynamic. New users are dropped into the default subreddits, and there's very…

Post by [deleted] » Thu, Aug 12, 2021, 9:53 PM UTC

pageandrew wrote: post #117

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.

I've been permanently banned from almost all of the top COVID related subs for daring to discuss disallowed topics, like the Wuhan lab, as well as expressing anti-lockdown sentiments. My appeals have been instantly denied as well. I understand the idea that subreddits are user-run communities and should be able to self-moderate, but there are a couple problems with this: 1. Reddit claims to be the "front page of the…

Post by Blikkentrekker » Thu, Aug 12, 2021, 9:54 PM UTC

buu700 wrote: post #118

CamelCaseName wrote: post #90

Earlier quoted context omitted.

> 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.

I get where you're coming from, as I created /r/relationship_advice. The existence of such blacklists, even "enormous" ones, isn't inherently bad; it's just a reality of dealing with an enormous flood of spam on a $0 budget. That being said, blacklists on strings have 100% been abused by both the mods and the admins. Blacklists should be used for mitigating spam — e.g. we'll often block a specific attacker by blackli…