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Reddit files to go public

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Re: Reddit files to go public

#701
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…

Frankly, you don’t know what you’re talking about. Seems more like because you don’t like Metaverse you don’t want it taken seriously. But it will be serious business.

Re: Reddit files to go public

#703
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…

I'm pretty sure you're wildly wrong about this. Comparing metaverse to virtualboy is a big mistake. Metaverse is not vision over substance. Substance is already there and driving technology to a more refined vision.

We’re already spending significant parts of our days working, playing, exploring and communicating digitally. Dating is online. Commerce has moved online. Art and creators are online. Entertainment is online. Exercise is an AR experience. Connecting with IRL and new virtual-only friends is online. What is left? Food, sleep, sex, and odors? Important things, but a relatively small portion of what we do during our awake hours.

The substance part of the metaverse is already here and proven. We are in a period of refinement which includes technological advancements in the ways we experience it. More compact wearables (e.g. AR/VR headsets), 3D audio, High res displays and better visuals/graphics and most importantly, bridging these different types of experiences in some way, which is a software problem. These are the areas in which tech is trying to gain control and offer the cohesive experience.

I highly recommend you listen to this podcast episode with Bill Gurley (second life creator): https://podcasts.apple.com/us/podcast/invest-like-the-best-w...

Re: Reddit files to go public

#704

Earlier quoted context omitted.

> I doubt it will fund better search While I think better search would be great for users, I'm convinced Reddit doesn't actually want better search. Good search means I can easily find an old post with the answer to my questions. Bad search means I end up going to a subreddit and posting the same question that's been asked 15 times. Even if it's removed by the mods, it'll likely get one or two comments and votes befo…

What really gets me is people who don't seem to understand how to search for information online. If you go to something like /r/wearethemusicmakers (a sub for music making, mostly based around computers and software) you'll see people asking questions like "what is an audio interface and why do I need one?" You can type that question into google verbatim and find dozens of high production value Youtube videos explain…

On the other hand, asking that question would open very useful discussion, and create a place for clear helpful introduction.

The contextual information you can get to introduce you to a topic is where Reddit really shines. Some subs do this with a wiki, but the redesign tends to hide it.

The only problem is trying to have that question asked few enough times that people don't get tired of answering.

Re: Reddit files to go public

#705
post #236

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.

> some percentage of the userbase will always run aggressive ad blockers and be impossible to effectvely monetize Can’t block ads when they’re disguised as user content. Viral marketers have had a heyday hawking their products on Reddit

Reddit is being paid by these ads.

Re: Reddit files to go public

#706

Earlier quoted context omitted.

Genuinely curious...are you old enough to remember Digg and what happened to it? I don't mean that to be patronizing...but I remember being on Digg and Reddit being a weird alternative. And after a series of huge mistakes, almost overnight Reddit was flooded with users and Digg relegated to nothing. It really opened my eyes to how quickly an empire built only on its users can disappear.

I’ve done posts before. As have others. The scope, popularity, and longevity of the fallen past top sites like Friendster, MySpace, Digg, Slashdot, Altavista, Excite. Or web builders like Geocities, Angelfire. Other social networks like Bebo, Hi5. Other messaging apps like Viber. Or older ones like AIM, MSN, Yahoo, ICQ. Finally people stopped bringing up the old messengers. They had such tiny userbases. The compariso…

Not sure why Viber is on your list of fallen messaging apps. In the past few years I've seen more and more "X has joined Viber. Say hi!" notifications about my contacts (based in the US, which if anything makes me think it's growing).

Re: Reddit files to go public

#707
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..…

You are spot-on about the HackerNews tech criticisms being irrelevant.

But I think the points about Reddit being toxic to advertisers because of the hate/porn/gore/mysogny are correct. It just takes one bad story and advertisers will flee the platform. There has been no mainstream examinination and investigation of what Reddit is. Once it starts, it's all over.

Re: Reddit files to go public

#708

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 u…

Moderators have always been working for "free" (or for their own reasons, there are monetized subs). The fact that Reddit is public or private doesn't change a thing. Why would working for free for a privately owned company would be easier on the mind? Do you prefer to be explored by a few wealthy individuals rather than the whole open market?

I think a lot of moderators don't realize they're working for a multi billion dollar company atm. It's much harder to hide that when you can google reddit's stock price.

Re: Reddit files to go public

#709

Earlier quoted context omitted.

I very much doubt they do not want to admit to working on one of the world's most popular Web sites.

You seem to imply that "popular" entails "pride". Normally, "good" entails "pride".

We’re engineers, so “I work on a product that has to handle lots of users” entails pride.

Re: Reddit files to go public

#710

Earlier quoted context omitted.

You must be able to predict future since you seem very convinced in your view. Maybe you can tell us other things? Will k8s succeed? How about crypto too? You must have so much knowledge /s

Why is every single one of your posts defending cryptocurrency or k8s?

Because personal experience for the last 8 and 5 years leaves me no other choice. Especially concerning k8s, it's simply not believab6 that someone could not use it for modern computing architectures.
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