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Reddit files to go public

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Re: Reddit files to go public

#621

Post by PickledHotdog »

wayoutthere wrote: post #607
zpeti wrote: post #548

Earlier quoted context omitted.

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…

I'm with you - the "listening in" calls are where it's at.

If we get to a point where we're "forced" to don headsets for meetings, it can't be long before dummy heads with realistic eyes (to fool the inevitable eye-tracking/iris scanning "presence" check) appear on the market.

A bit like those mouse jigglers they're sell to prevent your status moving to "away"

Re: Reddit files to go public

#622

Post by hellomyguys »

wonderwonder wrote: post #608
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…

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…

The difference is Instagram and WhatsApp were products that had real product value before Zuck acquired them.

Zuck has to build a v1 product from scratch with the Metaverse. When's the last time FB has truly built a revolutionary v1 product? It's not really in their DNA anymore. I'm not saying they can't do it, but I wouldn't point to IG and WhatsApp as examples of why Zuck can pull it off.

Re: Reddit files to go public

#623

Post by wonderwonder »

polskibus wrote: post #620
wonderwonder wrote: post #608

Earlier quoted context omitted.

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…

Buying companies that already have millions of users is different from trying to build a new thing yourself. Many. Of their internally built services and products have failed. Remember the android launcher?

Very much so, but while that is true, one shouldn't overlook the base fact that they did build Facebook themselves which was a very new thing and is now one of the largest tech companies in the world. I'm sure there will be hundreds of small bets and failures with the metaverse concept but I do think that eventually its going to happen.

Re: Reddit files to go public

#624

Post by sexy_seedbox »

anonu wrote: post #575

There's maybe one positive comment thread in here and all the rest are thoughtfully negative to borderline "hater", wishing for Reddits demise for some obscure reason. I think we've seen this pattern play out. The HN crowd is really not the right crowd to source opinions when it comes to business matters. And you can see it in the comments, it's mostly about how the UI sucks, the app is slow, the dark patterns, etc..…

> The HN crowd is really not the right crowd to source opinions when it comes to business matters.

Yep, there could've been so many HN Bitcoin bill/millionaires, but being so logical, many HN folks here are grumpy buttcoiners.

Re: Reddit files to go public

#625

Post by PickledHotdog »

Valakas_ wrote: post #555
kypro wrote: post #537

Earlier quoted context omitted.

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…

I agree with you about the abuse aspect. That's one thing this could change. I would for example change the voting system to not allow a negative score. It doesn't happen often, but it still doesn't feel good that people disagree and not only do they not upvote, but they downvote until you get negative score. In my opinion if you disagree don't upvote, or at least downvote until 0. So people know the overall sentimen…

Wouldn't that present the same issues that removing the "dislike" counter on YouTube videos did?

For example, that video by The Verge where that guy builds a PC in the stupidest way - it's got thousands of likes for some reason but 10s of thousands of dislikes because it's not the way you should build a PC

Now the dislike counter is gone, those who see the video think "oh this has thousands of likes. It must be good".

Downvoting does attract idiots and pile-ons, but it does serve a purpose as a a lose indicator of content/comment quality

Re: Reddit files to go public

#626

Post by nlh »

Cthulhu_ wrote: post #513
aahortwwy wrote: post #370

Earlier 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?

It's a hip marketing term that caught on like Hyperloop did, suddenly every time public transit was mentioned, so was Hyperloop. But don't be fooled. It's Facebook. Don't be fooled by its rename either, it's still Facebook.

1000% this. "Metaverse" is just fancy re-branding of "Facebook but with VR". They want you to buy an Oculus and go to their internet property when and if people start interacting with the internet via VR, just like you buy a phone and go to their internet property. But it's just Facebook. It's going to be an app you run (or site you visit) on whatever hardware you happen to use to connect.

Re: Reddit files to go public

#627

Post by hbn »

wonderwonder wrote: post #608
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…

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…

> Look at Instagram and Whatsapp, perfectly timed investments.

What do you mean perfectly timed? If you mean that those platforms shot up in usage/revenue/whatever-metric after their purchase, couldn't that be heavily influenced by the purchase? Neither of those were some small little platform with a groundbreaking new feature before that. Everyone I knew (in highschool at the time) had gotten sick of their parents all joining Facebook and making it uncool, so they moved to Instagram before the purchase.

All that Zuck did was notice the platform all the kids are migrating to and bought it to keep those users. It isn't exactly "predicting future trends." They tried to do it again when everyone's parents joined Instagram so the kids moved to Snapchat, but thankfully that deal didn't go through

Re: Reddit files to go public

#628

Post by epistasis »

loa_in_ wrote: post #498
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'm getting really angry at companies squatting names that are basically common nouns. This practice should be banned. It's something I though was more cyberdystopian-esque not reality, but here we are in the future.

A land value tax solves this.

Re: Reddit files to go public

#629

Post by wonderwonder »

hbn wrote: post #627
wonderwonder wrote: post #608

Earlier quoted context omitted.

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…

> Look at Instagram and Whatsapp, perfectly timed investments. What do you mean perfectly timed? If you mean that those platforms shot up in usage/revenue/whatever-metric after their purchase, couldn't that be heavily influenced by the purchase? Neither of those were some small little platform with a groundbreaking new feature before that. Everyone I knew (in highschool at the time) had gotten sick of their parents a…

"All that Zuck did was notice the platform all the kids are migrating to and bought it to keep those users. It isn't exactly "predicting future trends." They tried to do it again when everyone's parents joined Instagram so the kids moved to Snapchat, but thankfully that deal didn't go through"

I would argue this is exactly what predicting future trends is. See which way the tide is going and make the necessary investments to ride it.

Re: Reddit files to go public

#630

Post by intrasight »

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 had a Reddit account for five years but never logged in. Until about six months ago when I rediscovered Reddit. I now spend more time on Reddit than the rest of the internet combined. I have a personal account and a work account. For work stuff, it's catching up with Stackoverflow in my technical discussions. For personal stuff, I don't even know of a comparable site. I am a small BI consultancy and I would definitely spend ad money on Reddit once they get their shit together.
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