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Reddit files to go public

reuters.com

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Re: Reddit files to go public

#681

Post by nerdponx »

nebula8804 wrote: post #667
nerdponx wrote: post #577

Earlier quoted context omitted.

Is Snopes having a hard time with money? The article (on mobile) had two huge full-width ads that you had to scroll past, and a persistent banner ad at the bottom, and they're still asking for donations: https://files.catbox.moe/szanpo.jpeg https://files.catbox.moe/j9qerx.jpeg I don't mind them trying to fund themselves, but those aren't exactly vetted "ethical ads", are they?

You say that yet even catbox.moe is asking for money. Go check their front page.

But the page isn't covered in user-hostile ads that rely on intensive surveillance and sharing your personal data with dozens of shady companies.

Edit: Your comment really bothers me. At no point did I suggest that websites should not ask their users for money. I was wondering about and criticizing their apparently heavy use of user-abusive ads, while still asking users directly for money. Usually on the Web we see one or the other but not both.

Re: Reddit files to go public

#682

Post by financetechbro »

_sword wrote: post #187
financetechbro wrote: post #6

Earlier quoted context omitted.

It means that the company has started the review process with the SEC. The company is going to go back and forth with the agency to make sure their filings, audits, disclosures, etc. are up to par before the company files publicly in a few months. Once the filing is public the company will wait for 15 days before launching their roadshow. And yes, this is how the process works with every company

This is accurate. They have lead left for their syndicate selected if they’re going the traditional underwriter route. They’ll pick all the banks for their syndicate with help from their advisors, and then teach sell side research about the company and use this as a trial period for fielding questions while everyone is under NDA’s before the public flip. Once the roadshow is launched it’ll be something between 1-2 we…

Exactly ^

Re: Reddit files to go public

#683

Post by jcpham2 »

abstractbeliefs wrote: post #477
hericium wrote: post #407

Earlier quoted context omitted.

> It really opened my eyes to how quickly an empire built only on its users can disappear. Reminds me of the Freenode IRC network which pretty much stopped existing[1][2] overnight. [1] https://en.wikipedia.org/wiki/Freenode#Ownership_change_and_... [2] https://gist.github.com/prawnsalad/4ca20da6c2295ddb06c164679...

the freenode irc network disappeared overnight, but everyone just updated their links to point at libera.chat instead, which has almost all of the same projects, active users, etc. It was essentially just an infrastructure change, which is the nice thing about open protocols and server implementations. Libera has 40k users and over 1000 foss projects that were on freenode. the freenode userbase and community is alive…

I was a Freenode user for a decade, many more IRC networks in the preceding decade, since 1999 or so. I enjoy chatting with my friends and participating in projects realtime on IRC. I left freenode when all the bitcoin/monero related projects moved to Libera. Update your links, drop your nick registrations on the old network, register on the new - keep on trucking.

Re: Reddit files to go public

#685

Post by Unkechaug »

ItsMonkk wrote: post #459
IgorPartola wrote: post #217

Earlier quoted context omitted.

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 a…

They messed up when they made sub-reddits. Sub-reddits are a harmful combination of community and content. Popular content becomes a huge community, and all of the issues based on Dunbar's number happen as a result, which includes abuse of powers from the admins. Instead of using sub-reddits for content you should have tags. Communities should never be bigger than 150 people, and should not be limited to a single ide…

This is a bad take. You are asking for the forum and sub forum/tag approach. A community that small will simply not be engaged with frequently enough to avoid seeming “abandoned”. This is exactly the set of circumstances that led to content aggregation sites like Reddit.

Re: Reddit files to go public

#686

Post by jorts »

quitit wrote: post #660
anyfactor wrote: post #258

Earlier quoted context omitted.

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…

I use reddit all the time and look at none of these things. Despite some obnoxious or downright terrible subs, it's still a useful or entertaining site for folks of many interests.

Re: Reddit files to go public

#687

Post by yabones »

pibechorro wrote: post #678
PhoenixReborn wrote: post #576

Earlier quoted context omitted.

(Disclaimer: I used to work at Reddit but left in 2018) While I think you're absolutely right, I think Digg made a number of other missteps with the Digg v4 launch that Reddit did not make. In particular, they shut down the old Digg site to reuse the servers for the new one, a mistake that Reddit was particularly careful not to make. Digg was also already on the way down before their failed launch, and before the exo…

Reddit is on the way down. They may be gaining users, but the platform is a lot less interesting. The quality of content is way down, the spam and clickbait way up, and censorship by dictatorial moderators is out of control. Its a big echo chamber now. You are seeing a huge demand for more free speech platforms. Youtube is outofcontrol, Google is editing search, twitter is peering over the abyss now that Jack is gone…

Reddit was always a feudal system, from the moment they introduced subreddits. Simply being the first to land-grab a name makes you the king. Your chosen loyalists become moderators, and the serfs farm content for you.

Re: Reddit files to go public

#688

Post by AlwaysRock »

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…

Hot take. You're comparing a video game company in the 90's vision and ability to deliver that vision to one of the largest companies in the world ability to deliver?

While you may not want the Metaverse, I'm not entirely sure what you mean by "If it succeeds at all, it will be a testament to societies ability to bend to the whims of rich idiots.", plenty of people are happy to try new things. Facebook, the social network, is a estimate to massive amounts of people willing to get on board with an idea that is new, at least to them.

Re: Reddit files to go public

#689

Post by boringg »

namrog84 wrote: post #473
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?

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

Yeah i do this as well. 100%.

I wish facebook had never existed we wouldn't have to deal with this garbage. I'd be curious what would have filled the gap.

Re: Reddit files to go public

#690

Post by boringg »

What happens to all the work from the moderators once they realize they are working for a public traded company for free? Doesn't this break peoples willingness to build those communities once they realize their hard worked time is getting squeezed to investor dollars? I understand it was a private company beforehand but now it must really feel bad to know how much people are making off your goodwill. Totally effed up model.

FWIW I actually like reddit for the specific communities but tough to see how it isn't going to get further diluted and mods are increasingly going to be less interested is my take - further eroding its value proposition.

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