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Reddit is being funded by a fake company?

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Re: Reddit is being funded by a fake company?

#31

Post by AndyNemmity »

ravenstine wrote: post #8
encryptluks2 wrote: post #3

One thing I've noticed with reddit is they constantly push violence to the frontpage and encourage it. Someone calls you a name or uses a racist word, here watch this video of someone getting beat nearly to death for speech and here are 1000 top comments as to why that is perfectly okay and acceptable. I get the feeling the police state actually wants more violence and crime and therefore encourages it quite frequent…

If that's what you're seeing, that sounds worthy of recording it and making a blog post. The default frontpage of Reddit is pretty political in my experience, but I don't recall violence being prevalent in any way.

It's my experience as well on /r/all. Obviously my curated homepage is different, but popular or all is filled with violence.

It used to be filled with porn. Not sure why it switched from porn to violence.

Re: Reddit is being funded by a fake company?

#32

Post by ryanSrich »

fortran77 wrote: post #16
version_five wrote: post #2

It's [removed] now, what did it say?

This is actually very curious. People in a reddit group for purposely discussing "conspiracy theories" are getting banned...

If you’ve frequented the conspiracy subs this happens so incredibly often that I was fully expecting the OP to be banned when I clicked the link.

Re: Reddit is being funded by a fake company?

#33

Post by [deleted] »

benrapscallion wrote: post #28
thefourthchime wrote: post #21

The TLDR is that the OP thinks it's very "sus" that one of the founders for Reddit's latest Series F round is hard to find any information for. - The investor, Khaira Capital is run by "Jivteshwar Khaira" who is allegedly an 18yo "Wonderkid", his linked in just has a picture of a Rolex watch - The other "employees" of the company are also blank - The website is mostly blank - There are a few news articles about him,…

FWIW, Khaira (more commonly spelled Khera) is a common North Indian surname. So simply googling Khaira and connecting to any other Khaira is in some ways like googling John Smith.

[deleted]

Re: Reddit is being funded by a fake company?

#34

Post by lmc »

Nice story, but BS.

"Reddit’s latest Series F of $410 million dollars was funded by two lead investors. Fidelity Management and Research and Khaira Capital."

The only source I could find that company is involved is crunchbase, which anyone can edit.

Re: Reddit is being funded by a fake company?

#35

Post by HWR_14 »

version_five wrote: post #6
version_five wrote: post #2

It's [removed] now, what did it say?

User peppustimbus replied with the archive version but is shadowbanned. This is the link: https://web.archive.org/web/20220513210317/https://old.reddi... This could just be a wealthy family office, I have first hand knowledge of one such company that would have no website or information online other than a few things in filings but manages several billion dollars.

This post claims that the person controlling the family office is now 18, and is also spending money to be philanthropic. This could be someone who inherited money trying to buy their way into legitimization/importance in the world, tech world especially. Which is honestly a far more reasonable use for inherited money if you want to do something interesting with your life than "bought yacht, coke, women".

If the totally unsupported claim that it was dirty money in the first place, it makes even more sense to spend money to become legitimate himself. The only evidence was his last name, no idea if it's common, is shared by someone who is claimed to be a drug kingpin in an online article.

Certainly a rich young man investing in something he believes in sounds more plausible than Reddit cooking the books and doing so in such a spectacularly bad way.

Re: Reddit is being funded by a fake company?

#36

Post by mik3y »

thefourthchime wrote: post #21

The TLDR is that the OP thinks it's very "sus" that one of the founders for Reddit's latest Series F round is hard to find any information for. - The investor, Khaira Capital is run by "Jivteshwar Khaira" who is allegedly an 18yo "Wonderkid", his linked in just has a picture of a Rolex watch - The other "employees" of the company are also blank - The website is mostly blank - There are a few news articles about him,…

Yeah, I tend to agree with the "anonymous family office" take (assuming it's even a legit investor - never heard of this viz Reddit's F) vs some shadowy state actor conspiracy. Thought it might be fun to pick over on HN nonetheless, because a big ~anonymous investor in a social network seemed interesting in light current events at $TWTR.

Re: Reddit is being funded by a fake company?

#37

Post by [deleted] »

antupis wrote: post #13
encryptluks2 wrote: post #3

One thing I've noticed with reddit is they constantly push violence to the frontpage and encourage it. Someone calls you a name or uses a racist word, here watch this video of someone getting beat nearly to death for speech and here are 1000 top comments as to why that is perfectly okay and acceptable. I get the feeling the police state actually wants more violence and crime and therefore encourages it quite frequent…

I think main problem with Reddit are echo chamber subreddits which exist only to get stuff to frontpage stuff like murderbyaoc etc.

[deleted]

Re: Reddit is being funded by a fake company?

#38

Post by [deleted] »

rutierut wrote: post #17
encryptluks2 wrote: post #3

One thing I've noticed with reddit is they constantly push violence to the frontpage and encourage it. Someone calls you a name or uses a racist word, here watch this video of someone getting beat nearly to death for speech and here are 1000 top comments as to why that is perfectly okay and acceptable. I get the feeling the police state actually wants more violence and crime and therefore encourages it quite frequent…

I think your second paragraph might be jumping the gun a bit but yes in my experience the Reddit algorithm also highlights the worst of humans. Also the "general" Reddit opinion on topics tends to skew super pseudo-intellectual and shortsighted. One remarkable thing here is the difference between comments and up-votes. It's not unusual to see a post trending where the top comment directly undermines the idea expresse…

[deleted]

Re: Reddit is being funded by a fake company?

#39

Post by fartcannon »

narrator wrote: post #15

I occasionally look at a few very niche subreddits, but for news, Reddit is complete garbage. Reddit has been kind of dead to me since 2016. They were the first big victim of the ongoing anti-free-speech wave that started in 2016.

Yeah, and while it can be helpful to get answers to things when google fails (which is nearly always nowadays), there's so much astroturfing and shilling that those answers are often worthless.

Re: Reddit is being funded by a fake company?

#40

Post by webscout »

narrator wrote: post #15

I occasionally look at a few very niche subreddits, but for news, Reddit is complete garbage. Reddit has been kind of dead to me since 2016. They were the first big victim of the ongoing anti-free-speech wave that started in 2016.

https://biztoc.com for anything business-related
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