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Reddit files to go public

reuters.com

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Re: Reddit files to go public

#651

Post by nebula8804 »

shawabawa3 wrote: post #429
makeitdouble wrote: post #387

Earlier quoted context omitted.

Meta has made a full announcement of vaporware, but the metaverse is specifically not Meta's property, nor do they get to define what the metaverse is/will become. In that sense, I agree with you we should ignore the marketing, and I also think we should talk about the metaverse as we talk about the web, not as some rigid concept, but more a vague idea of a thing in VR.

There will not be "a metaverse" or "the metaverse" They may be some competing metaverses, I doubt one will win out (I kind of doubt any will do well)

It would be hilarious if this became the next "dropbox" comment. I'm placing my stake here just in case! :)

Re: Reddit files to go public

#652

Post by McWobbleston »

BbzzbB wrote: post #374
pyuser583 wrote: post #306

Earlier quoted context omitted.

Reddit is my go to place for local news. There is so little coverage of local news outside big cities. The coffee-house atmosphere of the local sub I’d very refreshing and informative. Sadly, many of the bigger subs have less and less quality. There’s a post I remember from about 2010 that blew my mind in the /r/philosophy subreddit. Now /r/philosophy is all crap, and I can’t event find that article.

I don't know about r/philosophy, but if it's grown too large to be usable, as many do, look for subsets of philosophy (by genre, philosopher, etc). I'm sure there are more niche subs with decent communities.

Sadly the niche subs end up following the same path, and as someone who has done that Reddit is starting to feel like it's lost its charm. I think it boils down to upvote/downvote system steering discussions to a particular kind of consumer that doesn't align with what I'm there for and it gets worse over time. It's so rare for me to find insightful comments there anymore, it's really turned into intellectual junk food. And it's not that it's not valuable, I need that sometimes too, but it seems like that's crowded out everything else

Re: Reddit files to go public

#653

Post by micromacrofoot »

anyfactor wrote: post #258
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.

My personal last strands of hope for Reddit are - their API which is still available to public without hoops to jump through. The downvote button. And the usabillity of old.reddit. Some communities that are still well moderated and strikes a good balance between open to questions and not open to stupid questions. Beyond that I stopped using mainstream reddit as a value source.

that's like hoping for a time machine

Re: Reddit files to go public

#654

Post by quitit »

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.

I personally wouldn't invest in Reddit, those with a memory longer than a few weeks will note that they go from one self-induced crisis to the next. Their upper management is directionless and the result of battlefield promotions and they've demonstrated time and time again that they have no vision for the service.

Reddit exists in the same way that digg and slashdot before it has: it's the incumbent, the default choice. It could lose it all in a year and no one would be surprised - because it's happened multiple times already and the userbase is already highly cynical.

That wasn't helped by making the site unusable on mobile; a change made to entice (read: force) users to the more lucrative app. However this merely led people to alternatives such as Apollo, which remove the ads, the reddit value-generating nonsense and introduces useful features such as the ability to download video content. Perhaps counter-intuitively these kinds of apps are likely to keep users on reddit. However with an IPO I would not be surprised to see Reddit pull 'an Instagram' and invest efforts in preventing 3rd party apps from functioning correctly.

Re: Reddit files to go public

#655

Post by naasking »

raxxorrax wrote: post #438
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…

> 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.

> I hate the push to Discord since that basically makes you invisible.

That can also be a feature going forward given today's climate. Many people have lost jobs or not been hired after prospective employers did a simple Google search.

Re: Reddit files to go public

#656

Post by ErikVandeWater »

epistasis wrote: post #628
loa_in_ wrote: post #498

Earlier quoted context omitted.

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.

Good point! Someone should invent a more general term though; at first I was wondering what taxing Facebook's land would do.

Perhaps "self-appraisal tax"?

Re: Reddit files to go public

#657

Post by rchaud »

jowsie wrote: post #583
checkyoursudo wrote: post #570

Earlier quoted context omitted.

Cyberverse! Where you go to ... cyber. Welp, that had a, uh, certain connotation back in the early 2000s.

I'm sure the metaverse will be 90% ERP channels within a month.

ERP as in Enterprise Resource Planning?

My bet is that it becomes like what Clubhouse is now: a home for all kinds of whackjobs, hustle culture bros, "become wealthy" gurus and recruitment channels for MLMs and political extremists.

Re: Reddit files to go public

#658

Post by Nasrudith »

specialist wrote: post #612
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.

Now imagine Zuck being in charge. How could it not be a toxic wasteland? John on Accidental Tech Podcast ( http://atp.fm ) has articulated some pretty solid criticisms. Facebook has historically sucked at hardware. Why would that change? Whereas other parasocial hosts attempt to protect their users, like MMOPRGs mitigating griefing and cheating, Facebook and Twitter amplify and profit from toxicity. Etc.

That is a common social media criticism, "amplify and profit from toxicity". I find the charge vaucous for several reasons.

1. "Give what the numbers say you want." or "Maximize profit * area of instance." are what they actually want. Even if it leads to emergent antisocial behavior it is set by results instead of a goal in itself. 2. The charge itself could be applied to any form of media, and yet there is a blatant double standard. If one accused three letter network of it you would get a response of "well duh"! 3. The implicit idea that negativity is a bad thing is outright dangerous, yet clearly promoted by the accusatory tone. Publishing government misconduct also promotes negativity and a publication may profit from it. So does speaking out against injustice. Crude and callous as it may sound, maybe some outright deserve the negativity.

Re: Reddit files to go public

#659

Post by kamarg »

ppsreejith wrote: post #648
3maj wrote: post #615

Earlier quoted context omitted.

Here's a wild idea, meet in person.

What if they're in different cities?

There's plenty of companies that are distributed across countries. On my team I have teammates in Macedonia, Costa Rica, USA, and Germany. Even without Covid restrictions, that's going to be expensive and time consuming for us to meet in person.

Re: Reddit files to go public

#660

Post by quitit »

anyfactor wrote: post #258
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.

My personal last strands of hope for Reddit are - their API which is still available to public without hoops to jump through. The downvote button. And the usabillity of old.reddit. Some communities that are still well moderated and strikes a good balance between open to questions and not open to stupid questions. Beyond that I stopped using mainstream reddit as a value source.

Are you sure you don't want to veer into /r/popular.

/r/Askwomen: What are 100% effective ways at turning you on?

/r/Teenagers: Every1 who wears their PJs to bed, I'll tell you your favourite band.

/r/ >: I HAVE A CAT, NAME IT FOR ME.

/r/NoStupidQuestions: If a woman shakes my hand is that code for sex?

/r/Askmen: What's your one perfect way to get a girlfriend?

/r/Pics: Here's 10,000 photos of people being gross on airplanes, what's something passive aggressive that I can do instead of just asking them to stop?

/r/Antiwork: I donated my heart to my boss and he fired me

/r/TooAfraidtoask: How to get girlfriend????

/r/explainlikeimfive: Do girls get horny too? how?

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