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 raises $410M in new funding
191–200 of 507 posts
Re: Reddit raises $410M in new funding
#192In 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.
Re: Reddit raises $410M in new funding
#193yet 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…
reddit has always been dying to people who have been using reddit for a long time, but don't see how that's even remotely true as someone who has used reddit for 7+ years now, the culture is definitely very different (not necessarily good) - but it has only continued to grow in terms of users
That's because I make a new account everytime I'm doxxed, banned, or censored.
Now that you mention it, I realize that the reddit blocking, censoring and quarantining system basically is a free way to drive up their 'new user' count.
What a joke of a website and a company. Cannot wait til it dies.
Re: Reddit raises $410M in new funding
#194Earlier quoted context omitted.
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.
> go start your own reddit. This is actually what makes reddit great, that anyone can start their own subreddit, mod it however they want, and compete with all the others based on the merits of its own content, community and moderation style.
Re: Reddit raises $410M in new funding
#195Earlier 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…
Sadly, as you might be able to tell, I wasn't able to do it. It's terrifying. Also why should I die while worse people live? Gotta do something about them before going myself, d'uh.
Re: Reddit raises $410M in new funding
#196Earlier quoted context omitted.
> Reddit is more forum than social network Reddit is mostly cat pictures and funny memes at scale, even calling it a "forum" is a stretch. More like a glorified image board.
Two specific feeds, /r/popular and /r/all, are a lot of this. There are a lot of good niche communities that have deep, meaningful conversation on Reddit.
Re: Reddit raises $410M in new funding
#197On 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…
One thing that they do not seem to be taking advantage of is how specialized many of their communities are. It seems primed for letting advertisers target to specific audiences, but as a user I don't really feel like the ads I get are targeted to what I read at all? Maybe I am uninformed but it seems like an advertising goldmine that hasn't been taken advantage of. If you are a PC components retailer, users of /r/bui…
Re: Reddit raises $410M in new funding
#198On 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…
If you use digg as reference the long term outlook of reddit is not that bright.
Re: Reddit raises $410M in new funding
#199Earlier quoted context omitted.
One thing that they do not seem to be taking advantage of is how specialized many of their communities are. It seems primed for letting advertisers target to specific audiences, but as a user I don't really feel like the ads I get are targeted to what I read at all? Maybe I am uninformed but it seems like an advertising goldmine that hasn't been taken advantage of. If you are a PC components retailer, users of /r/bui…
I just checked /r/linux, which I browse on occasion, and the three sponsored posts I saw on the front page were for Intel vPro, Adobe Creative Cloud, and Google Chromebooks. Those all seem at least reasonably relevant.
Re: Reddit raises $410M in new funding
#200On 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…
Reddit currently supports many third party freemium clients ( Ala Twitter 2012). These third party apps offer a no ad experience too. Unsure how much revenue reddit shares with these apps though. It helps with growth(more options for users to be on reddit) , but definitely hurts ad inventory, ad targeting insights etc.