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Reddit files to go public

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Re: Reddit files to go public

#601

Post by hef19898 »

andreilys wrote: post #594
azangru wrote: post #584

Earlier quoted context omitted.

> Think of the metaverse as a more advanced slack+zoom What do you think is missing from today's slack+zoom (or discord +jitsi/google meet, or whatever) combo that would make you more productive?

Have you joined any company happy hours with 6+ attendees? It inevitably turns into an awkward mess. Sure you can use breakout rooms but the social happy hour via zoom/slack is not a solved problem.

Since there is a sub-set of people that don't even join company happy hours in person, that feature alone could not be sufficient so.

Re: Reddit files to go public

#602

Post by wholinator2 »

1_player wrote: post #551
Terr_ wrote: post #485

Earlier quoted context omitted.

I think it's time to update the "cloud to butt" plugins...

"With the metaverse, we're no longer restricted by our physical location, but we can all live in the butt." - Mark Zuckerberg

What is this a reference to?

Re: Reddit files to go public

#603

Post by lotsofpulp »

snek_case wrote: post #483
simonebrunozzi wrote: post #479

Earlier quoted context omitted.

> 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…

> 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.

Why would you think this?

Re: Reddit files to go public

#604

Post by hef19898 »

NikolaNovak wrote: post #595
zpeti wrote: post #589

Earlier quoted context omitted.

2010 - what do you think is missing from your work skype group chats that would make you more productive?

Nothing.

Well, IRC worked well enough as a chat app back the day as well. Besides large group chats, I didn't miss any features compared to Teams. And let's be honest, those group chats aren't that productive most of the time.

Re: Reddit files to go public

#605

Post by pea »

ayngg wrote: post #369
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.

Reddit to me is the kind of thing where monetization methods feel like they run counter to what I consider the main value of the website is. People visit because of the communities, but advertisements and astroturfing erodes that by making the communities more and more inauthentic. The problem is that advertising is where the money is, they aren't going to survive on reddit golds. So it seems like the path they have…

I agree with you in the context of ads, but I do wonder if they could monetise these communities in a more high-value way which plays into their primary purpose.

For instance, I am a member of /r/synthesizers, but all trading/buying happens on eBay or reverb.com. Can reddit provide the way for this community to transact in a more high-value/trusted way? Maybe I'm missing something and that is a terrible business.

Re: Reddit files to go public

#606

Post by shafyy »

zpeti wrote: post #548
smolder wrote: post #489

Earlier quoted context omitted.

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…

I used to think this but Ben Thompson changed my mind. This meta verse thing really could be the way we work remotely soon. It works as a working space. It works for companies, it could create good work environments, and companies can afford expensive hardware to get people to work more effecively. Think of the metaverse as a more advanced slack+zoom, not as a Minecraft/Roblox alternative.

What you describe is working in VR. But please stop conflating VR with metaverse. Although, I reckon, they will soon be synonyms if we continue like this.

Re: Reddit files to go public

#607

Post by wayoutthere »

zpeti wrote: post #548
smolder wrote: post #489

Earlier quoted context omitted.

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…

I used to think this but Ben Thompson changed my mind. This meta verse thing really could be the way we work remotely soon. It works as a working space. It works for companies, it could create good work environments, and companies can afford expensive hardware to get people to work more effecively. Think of the metaverse as a more advanced slack+zoom, not as a Minecraft/Roblox alternative.

I have a project currently deploying a bunch Microsoft Teams Rooms at a client. It tries to create a similar experience in a physical space. People are confused as hell by it — it doesn’t work the way they’re used to / expecting, so they give up within a few minutes and just connect an HDMI cable to the main screen.

We weren’t even going to have HDMI as a fallback, but the executives demanded it because they weren't willing to spend 5 minutes every meeting dealing with the tech when the problem is that it didn’t work the way they wanted it to.

I cannot imagine my users in-office all donning headsets when many attendees in a meeting are just there to listen while working on other things. I personally like to take those kinds of “listening in” calls while doing work around the house. I’m not sticking my face in a VR headset for that.

Re: Reddit files to go public

#608

Post by wonderwonder »

smolder wrote: post #489
nunez wrote: post #334

Good! 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…

Zuckerberg has proven extremely effective at predicting future trends. Look at Instagram and Whatsapp, perfectly timed investments.

Zuck has taken long term bets on the metaverse starting with Occulus and now seemingly betting the whole company on it. He could very well be wrong but there are a lot of very smart people at Facebook and on their board I have to think they did some very intensive validation before doing so.

It could all go up in flames but I think they are going to take a very real run at it backed by billions and billions of dollars.

Don't get me wrong I very much dislike Facebook and the oxygen it provides to extreme and uninformed groups but to think that Zuckerberg is an idiot taking a stab in the dark with the fortunes of a publicly traded FAANG company is not a serious take.

"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." No arguments from me, there is a ton of moderation that needs to be added to Facebook.

Re: Reddit files to go public

#609

Post by jasondozell »

kypro wrote: post #537
nunez wrote: post #334

Good! 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'm so split on Reddit. While I agree with most of what you said the decline in quality of both content and comments, and the extreme moderation which has occurred over the last 4-5 years would really worry me if I was an investor. Presumably as a public company they would come under even more scrutiny for edgy content and feel the need to moderate content even more. And in general as the size of a social site's user…

Based on previous IPOs of internet giants I think Reddit is a good bet but obviously lots of dynamics about the inner workings of cash flow etc that a layperson is only guessing about.

One area that seems inevitably would have to change is Reddit’s linking to pirated video clips. I’m sure the clips won’t go away but would be altered in a way so that reddit has deals with copyright owners and unskippable ads are played.

Ultimately all these media funded platforms under-weight advertising to begin with to build a user-base so become worse to use once established.

Re: Reddit files to go public

#610

Post by moneywoes »

nmaleki wrote: post #586
raxxorrax wrote: post #438

Earlier quoted context omitted.

> Anecdotally, a VERY LARGE percentage of my Google searches end in “site:reddit.com” these days. Compared to platforms like Discord they have the advantage that their content is actually discoverable by search engines. I hate the push to Discord since that basically makes you invisible. I get that it is convenient, but it has a lot of negative side effects that aren't obvious at first.

There are solutions to problems hidden in these chats that will never be found. Personally, I've been using Discord as a powerful search engine. Luckily, the search functionality works well enough to where I can often find what I'm looking for. But this might only be a short term solution to an issue that needs an archive.

How?
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