Live data from Hacker News

Reddit raises $410M in new funding

nytimes.com

471–480 of 507 posts

Re: Reddit raises $410M in new funding

#471
post #402
post #345

Earlier quoted context omitted.

The same thing happens on technology subs. I was banned on /r/bitcoin for posting on /r/btc.

It isn't immediately obvious, but r/btc is full of trolls and shills for a bitcoin hard fork and other scam coins. I just checked it out and 2 of the 3 top posts were conspiracy videos about John McAfee.

Nice try, Gregory (Maxwell).

Re: Reddit raises $410M in new funding

#472
post #136

Earlier 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 tried to advertise a product to a very niche group on reddit. I just wanted to select 4 specific sub-reddits and advertise to anyone that was a member or viewed that reddit. For some reason, reddit wouldn't let me advertise to 3 of the 4, and the 1 that they did let me advertise was very low volume (less than 100 members). I couldn't even get reddit to show a single ad, let alone have anyone click on it. Facebook b…

That is truly bizzare. I’m having trouble understanding the motivations of the board, after a Series E and a clearly useful business, they didn’t bother with making more money?

Re: Reddit raises $410M in new funding

#474

Earlier quoted context omitted.

> These companies aren't selling state of the art tech here - why do they need to be such money makers?? You’re thinking of the user facing element as being the thing they’re selling. That’s not what they’re selling. They give that away for free so they can sell extremely sophisticated data and targeting. You’re the product they’re selling. And the access is definitely cutting edge.

Yes, I get that the industry is leveraging its "best and brightest" on stalkertech and the users are getting pennies worth of value in trade for large dollars of value extracted from them in the form of data. The tradeoff is so ridiculous that it is essentially theft. Its like trading trinkets to native populations for land.

Side note: the whole trinkets for land thing is exaggerated. Native populations didn’t have any concept of land “ownership” similar to what the Europeans did. There is a strong argument that they perceived the trinkets as more of a friendly gesture, like a diplomatic gift. Then the settlers proclaimed they owned the land and ran the native populations off. Not so dissimilar than how you’re using the analogy, because users don’t really have a good concept of owning their data or metadata, while the social media empires expropriate it for their own immense gain after confusing the users into thinking they were getting something for free, all the while giving themselves the excuse that it was a fair trade because the users/natives accepted the pittance offered to them.

Re: Reddit raises $410M in new funding

#475

Earlier quoted context omitted.

Yes. With this system it would be important to verify identities on sign up. I think verifying phone number would largely resolve the issue (SMS short codes don't work on VOIP phones). There many other levels to reduce fake accounts that can be added if problems begin to occur. The main issue is the more difficult sign up is, the less people sign up. It's a balancing act. With any voting system you have to detect the…

Make creation of subreddits paid maybe along with phone verification? Imo, moderation logs should all be public. Lobsters does it well: https://lobste.rs/moderations

Very cool! Thanks for the link!!!

It's even open source!

Re: Reddit raises $410M in new funding

#476
post #177

Earlier 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…

Reddit should charge for all commercial posts. It would clean up spam and generate revenue. Make a special class of commercial account, include some 'verification' badge thingy. Let subreddits ban all commercial content, unpaid commercial content, or leave open (for commercial-specific subs). Let mods profit share in commercial posts. (And fix the moderator system so "first to register controls the sub" is no longer…

> And fix the moderator system so "first to register controls the sub" is no longer the case

Why do you consider that a problem? As a heavy user of reddit, I don't consider that a problem at all. I would be interested to hear what problems you think exist with that system and what other solutions exist.

I'd be pretty pissed if I created a subreddit, put effort into growing it, and someone could just come along and steal it.

Re: Reddit raises $410M in new funding

#477

Earlier quoted context omitted.

There is nothing to stop people or groups of people from making thousands of accounts and joining the sub, and then eventually taking control. Even if these user accounts have to be X years old, or subbed for Y months, none of that matters in the long term.

Yes. With this system it would be important to verify identities on sign up. I think verifying phone number would largely resolve the issue (SMS short codes don't work on VOIP phones). There many other levels to reduce fake accounts that can be added if problems begin to occur. The main issue is the more difficult sign up is, the less people sign up. It's a balancing act. With any voting system you have to detect the…

> SMS short codes don't work on VOIP phones

My experience is mostly with Google Voice, but I've not found that to be true. Years ago that was the case, but these days, I've encountered by few that don't work.

Re: Reddit raises $410M in new funding

#478
post #136

Earlier 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 tried to advertise a product to a very niche group on reddit. I just wanted to select 4 specific sub-reddits and advertise to anyone that was a member or viewed that reddit. For some reason, reddit wouldn't let me advertise to 3 of the 4, and the 1 that they did let me advertise was very low volume (less than 100 members). I couldn't even get reddit to show a single ad, let alone have anyone click on it. Facebook b…

On the other hand, organic material on Reddit generates traffic and has high conversion rates.

Why pay when you can get the same for free?

Re: Reddit raises $410M in new funding

#479
post #425

Reddit is on its way down. It's been overrun by power-tripping mods, and there's no way to appeal a perma-ban ! I've been banned from /r/india for just commenting on another sub (/r/chodi, which was recommended by the app itself!); banned from /r/worldnews for disagreeing with the herd. The moment a decent, democratic discussion forum comes along, I'll jump ship to it.

ArtisanVideos used to be my favorite until the mod unfairly banned me. It took me a while just to figure out that I was banned. When I inquired, it was because because I posted videos that are spammy advertising, which couldn't be further from the truth. Based on the response, it was clear that I was not dealing with someone in normal state so I just wrote it off as lost cause and stopped visiting. I had already thou…

So here's a conundrum. People like free discourse, but they also like quality content. Having a quality content safe haven usually involves some tyrannical or mob rule filtering mechanism in the form of weird idiosyncratic rules and policing + banning of offbeat posters. This same filtering mechanism is anti-free discourse. Is there a successful implementation that maximizes free discourse and quality content simultaneously(IE preventing spam, shallow comments, & offtopic stuff which inundate a forum turning it into a maze to find the good stuff) without the bad modding?

Many forums once they reach critical mass even if they aren't heavy handed with policing still have an unsavory softhanded stiff-arming mechanism that's rife with bad [mod/mob] judgement, IE push everything not condoned by the mods or mobs into the place where few read. I'm sorry what I'm trying to describe is hard to put a finger on, but after being on reddit for 10 or more years yah notice some strange consistent peculiarities that are hard to put in words.

Re: Reddit raises $410M in new funding

#480

Reddit is on its way down. It's been overrun by power-tripping mods, and there's no way to appeal a perma-ban ! I've been banned from /r/india for just commenting on another sub (/r/chodi, which was recommended by the app itself!); banned from /r/worldnews for disagreeing with the herd. The moment a decent, democratic discussion forum comes along, I'll jump ship to it.

Chodi is like the Indian version of TheDonald so no wonder. Not that /r/India is neutral either. Stop going to politics subs and you’ll be fine?

But the fucking sub was recommended to me on the app! I clicked, went in there, posted a comment or two to enlighten people, and bam! Banned from /r/india! W.T.F.!!
Post reply on HN