Who wants to invest in something that is one user revolt away from being digg on an endless list of edgy topics
Reddit files to go public
481–490 of 834 posts
Re: Reddit files to go public
#482Good! I‘ll go long on them. Reddit is the ONLY place on the Internet where you can simultaneously watch garbage recycled content from TikTok and visit extremely-niche and highly knowledgeable communities in the same session. Heck, I get my HN updates from Reddit now. Facebook/Instagram/TikTok are nothing like this in that the info you get is wholly dependent on your social graph. Twitter has very high quality content…
I rarely Google without using site at first, reddit, SO/exchange, and two French forums (teaching related queries). Anything else from Google /search engine is garbage.
Re: Reddit files to go public
#483Good! I‘ll go long on them. Reddit is the ONLY place on the Internet where you can simultaneously watch garbage recycled content from TikTok and visit extremely-niche and highly knowledgeable communities in the same session. Heck, I get my HN updates from Reddit now. Facebook/Instagram/TikTok are nothing like this in that the info you get is wholly dependent on your social graph. Twitter has very high quality content…
> Good! I‘ll go long on them. Nothing specific on Reddit, but I'd like to point out that when you go long on a stock, you should at least try to possess some specific knowledge that most people don't have about that company. Reddit might be great; but if everyone knows about it, then the price is going to reflect that already.
> Reddit might be great; but if everyone knows about it, then the price is going to reflect that already.
I think that's the wrong way to look at stocks. What you're describing goes along with the common belief that all known information is already "priced in". This is silly.
The price of a stock reflects the consensus/average estimation of the worth of the company. Your personal assessment is going to depend on what you personally believe in, but you could be holding a minority viewpoint. If 95% of investors believe that a company will have 10B in revenue in 5 years, but you interpret the facts differently and believe (correctly) that the company will make 50B in 5 years, then even though you are basing your estimation on the same facts as everyone else, if the majority interprets the facts incorrectly, then the information is not "priced in". As the company proves itself successful, the consensus estimate will shift. People will reassess their belief that certain outcomes are more or less likely. What matters isn't necessarily having information that other investors don't have, it's interpreting that information better than others, and making more accurate inferences.
When it comes to reddit, more specifically, you probably don't have access to any more information than every analyst on wall street, but there's a key difference, which is that most of these people probably have never used reddit, and have a very limited understanding of how it works or its potential. So, in some ways, your understanding of the functioning of reddit, as a reddit user, could actually give you an edge.
Re: Reddit files to go public
#484Earlier quoted context omitted.
Reddit a grotesque toxic website, that makes money by creating conflict, divisiveness, fake news and the deliberate degradation of society. Like Facebook, but so so much worse. I hope that going public gives it the scrutiny it needs. In a few years time you won't be able to find anyone admitting to have ever worked for this company (in fact it's almost impossible to find people admitting it today). Some of the smalle…
I think that's a very unfair assessment. Reddit is as diverse as the internet itself. There are plenty of good subreddits there and the toxic stuff is easy to avoid. Do yourself a favour and unsubscribe to any subreddit that deals with the news or politics. Some subreddits have become too big to properly moderate, unsubscribe to them too.
Diversity certainly decreased massively in the last years just by content restrictions and overbearing moderators. But true, you have to find the niche subs and pray that they aren't discovered by people that have a moderate to high degree of problems with internet comments.
Re: Reddit files to go public
#485Earlier quoted context omitted.
> Reddit can fit nicely into the metaverse Why do people keep talking about the metaverse like it already exists and is a huge part of our future? It's vaporware right now. Are we all so susceptible to marketing that we've just accepted that if Meta is going all-in on a thing it must be both real and a guaranteed win?
Whenever I hear the word metaverse. I just replace it with the word "internet". Its nothing more than a way for a few companies to monetize a few extra things and become gate keepers to things that have neither on the internet. The metaverse is basically what the internet would be if it was invented today
I think it's time to update the "cloud to butt" plugins...
Re: Reddit files to go public
#486Good! I‘ll go long on them. Reddit is the ONLY place on the Internet where you can simultaneously watch garbage recycled content from TikTok and visit extremely-niche and highly knowledgeable communities in the same session. Heck, I get my HN updates from Reddit now. Facebook/Instagram/TikTok are nothing like this in that the info you get is wholly dependent on your social graph. Twitter has very high quality content…
> Reddit is democratizing in a sense Apart from the bit where all of the main subreddits (and therefore the front page) are controlled by completely unvetted, unpaid moderators, who tend to be Extremely Online People. I don't understand how Facebook are continuously attacked by politicians for not moderating content well enough when they have towers full of paid moderators, while Reddit continues unaffected. > Reddit…
Facebook gets attacked because politicians believe it can be used to nudge peoples opinions en mass but in a way that's hard to detect.
Reddit doesn't because everyone can see what's going on. You might not like it, but you can see it.
Re: Reddit files to go public
#487Good! I‘ll go long on them. Reddit is the ONLY place on the Internet where you can simultaneously watch garbage recycled content from TikTok and visit extremely-niche and highly knowledgeable communities in the same session. Heck, I get my HN updates from Reddit now. Facebook/Instagram/TikTok are nothing like this in that the info you get is wholly dependent on your social graph. Twitter has very high quality content…
> Reddit can fit nicely into the metaverse Why do people keep talking about the metaverse like it already exists and is a huge part of our future? It's vaporware right now. Are we all so susceptible to marketing that we've just accepted that if Meta is going all-in on a thing it must be both real and a guaranteed win?
metaverse is whatever anyone wants it to be.
Re: Reddit files to go public
#488Good! I‘ll go long on them. Reddit is the ONLY place on the Internet where you can simultaneously watch garbage recycled content from TikTok and visit extremely-niche and highly knowledgeable communities in the same session. Heck, I get my HN updates from Reddit now. Facebook/Instagram/TikTok are nothing like this in that the info you get is wholly dependent on your social graph. Twitter has very high quality content…
>Reddit can fit nicely into the metaverse
what is the metaverse? what are you talking about?
Re: Reddit files to go public
#489Good! I‘ll go long on them. Reddit is the ONLY place on the Internet where you can simultaneously watch garbage recycled content from TikTok and visit extremely-niche and highly knowledgeable communities in the same session. Heck, I get my HN updates from Reddit now. Facebook/Instagram/TikTok are nothing like this in that the info you get is wholly dependent on your social graph. Twitter has very high quality content…
Stop taking "the metaverse" seriously, please. It's a rich idiots dream, like a digital Fordlandia. I can hardly blame people for trying to follow trends, because following trends can be lucrative. "The metaverse" is just not the one to follow. It's nintendos virtualboy, vision getting ahead of substance, fixing problems we don't have. If it succeeds at all, it will be a testament to societies ability to bend to the whims of rich idiots. In Facebooks case, they should really try their hand at making a 2D world that doesn't lead people to want to die before they try to expand on the whole reality thing.
Re: Reddit files to go public
#490Good! I‘ll go long on them. Reddit is the ONLY place on the Internet where you can simultaneously watch garbage recycled content from TikTok and visit extremely-niche and highly knowledgeable communities in the same session. Heck, I get my HN updates from Reddit now. Facebook/Instagram/TikTok are nothing like this in that the info you get is wholly dependent on your social graph. Twitter has very high quality content…
Problem with Reddit is being very replaceable. People don't want to lose their facebook/instagram/linkedin page because it has their content and also personal connections. Profiles on Reddit are more like Digg / Slashdot / Kuro5hin - few care about losing their post history and connections so when a competing site comes in with better features (fewer ads / different site-wide moderation approach / not looking so awfu…
Nope, any competitor just becomes a dumping ground for all the nasty shit that reddit has banned. If it were that simple, it would've been done by now, it certainly has been tried multiple times.