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Reddit files to go public

reuters.com

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Re: Reddit files to go public

#211

Post by moreira »

randmeerkat wrote: post #197

I keep wondering, why hasn’t someone made a new Reddit that’s pretty much just the old Reddit? It seems like there’s a ton of demand for it. Disrupt what Reddit has become by creating what it used to be.

Because network effects. Even if you clone Reddit you still need to convince people to come use your clone, that’s where the actual hard work is.

And “ton of demand”, there isn’t really. Just some loud critics, but nowhere near a big enough mass to make a difference. Just as Mastodon will never beat Twitter, despite fixing a lot of its shortcomings.

Re: Reddit files to go public

#212

Post by rozap »

cbozeman wrote: post #196
CamelCaseName wrote: post #164

Half the comments in here boil down to "I would stop using Reddit if they discontinued old.reddit.com" and it really rubs me the wrong way. It's like saying "Facebook will die if they start charging users to post to their wall". Like, okay, sure. But Reddit has repeatedly said that they will not depreciate old.reddit.com. They have zero reason to, as many of their powerusers rely on it. In fact, I don't think Reddit…

[flagged]

you should delete this. i know for a fact at least one of his family members reads this site, and that is an awfully hurtful thing to say.

Re: Reddit files to go public

#213

Post by brailsafe »

randmeerkat wrote: post #197

I keep wondering, why hasn’t someone made a new Reddit that’s pretty much just the old Reddit? It seems like there’s a ton of demand for it. Disrupt what Reddit has become by creating what it used to be.

Because there's nothing intrinsically good or novel about it any longer. It's not the tech, it's just that people are there already.

Re: Reddit files to go public

#214

Post by agiacalone »

cyberge99 wrote: post #161
eljimmy wrote: post #160

I can’t help but think this is the end for that site. It started off with a very old school minimalist designed forum vibe and has been devolving into dark patterns and advertisements as of late. I guess good things can’t stay free forever and the bills need to be paid somehow. Wish they went to a donation model like Wikipedia instead.

I found reddit from the great digg.com exodus. They didn’t learn.

Slashdot did the same thing even before digg. I miss those days sometimes.

Re: Reddit files to go public

#217

Post by IgorPartola »

henning wrote: post #200

The Reddit of 2006 where tutorials on generating HTML in Lisp rocket to the top of the homepage is long gone. I can't imagine investing in an ad company that is fueled by clickbait and outrage the way Reddit is. Plus, some percentage of the userbase will always run aggressive ad blockers and be impossible to effectvely monetize. However, my brain works very differently from other people's, so I could be wrong.

Ok I’ll bite. How would you fix Reddit? I have been using online forums for the past 20+ years and I know what you mean about communities like Reddit going from nerd heavy topics to primarily being the free advertising platform for onlyfans accounts and political hacks. But how would Reddit at this point stuff the genie back into the bottle?

For that matter, if you don’t believe in Reddit’s long term success, there are both investment opportunities and opportunities to build something better.

Re: Reddit files to go public

#218

Post by nowherebeen »

TigeriusKirk wrote: post #203

What's Reddit need access to public capital for? Of course they want to make some individuals rich, but other than that?

Moreover, who would buy that stock? What is the growth prospect of an Internet forum that has been around for 10 years. Not even advertisers use it because it so bad at targeting. I would rather put $1000 in Tesla or something more tangible.
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