Keep in mind that when Reddit got acquired, Reddit gold doesn't exist yet. So they were losing (more) money every month.
Left Alone by Its Owner, Reddit Soars
11–20 of 50 posts
Re: Left Alone by Its Owner, Reddit Soars
#12I think it's a shame that Reddit sold so early but at the same time they can think of the users (Until Conde Nast gets involved). There's no question about their valuation and how they'll monetize. They as a company can work on that and build a great product but there aren't daily blogposts on TechCrunch about it.
Looking for Techcrunch endorsements is so 2009ish. People who know and can reddit, are doing fine because it is possibly one of the last few places on the Internet where pseudonym and trolling is still alive. You feel gratified by people answering your comment given that you have most likely trolled at first. You eventually get a peace later on because the community kept you alive and kicking. Hence it has all the ri…
A while back I deleted my Reddit account and just recently I've created a new one under my real name. I decided that if I was going to post, I would do so as myself and not hide behind an anonymous name. I hadn't really done any trolling in the past, but I'd participated in discussions I certainly wouldn't have participated in if they could have readily been tracked back to me.
But for better or worse, I decided to go the real name route this time.
The result is that I end up commenting on a lot less time-wasting content (and subsequently reading less because I know I won't participate in the discussion and reading often opinionated comments without participating will just frustrate me), and putting more thought into the responses I do post.
That's not to say that I think there's anything necessarily wrong with the anonymity. Sometimes it's nice to give voice to something you otherwise wouldn't because your opinion is controversial or unpopular (and doing business online, one has to protect one's online reputation and what ends up in the search engines). For me, though, it's translated to less time spent on useless AMA/AskReddit posts, more time spent on meaningful discussion, and less time on the site overall. All of these are good things.
Re: Left Alone by Its Owner, Reddit Soars
#13"Steve Newhouse, the chairman of Advance.net, decided very early on that his company would not be the blob that ate Reddit, and for the most part, left well enough alone. “We had some ideas about what would be good, but it might not have worked,” Mr. Newhouse said. “We paid attention to the community instead.”" I may be remembering stuff wrong, but wasn't there more tension + conflict during the period right after th…
I'm a Reddit frequent user...I can't comment specifically on your assertions...just that it continues to amaze me how the site has remained as free from pervasive chiclets, (official) spam, and Digg-like networking...
Whether this was a deliberate plan or the byproduct of executive apathy, it's still quite amazing
Re: Left Alone by Its Owner, Reddit Soars
#14Can someone explain to me how PG funded Reddit when it was more like a HN clone?
Re: Left Alone by Its Owner, Reddit Soars
#15Can someone explain to me how PG funded Reddit when it was more like a HN clone?
I thought it was the other way around.
Re: Left Alone by Its Owner, Reddit Soars
#16"Steve Newhouse, the chairman of Advance.net, decided very early on that his company would not be the blob that ate Reddit, and for the most part, left well enough alone. “We had some ideas about what would be good, but it might not have worked,” Mr. Newhouse said. “We paid attention to the community instead.”" I may be remembering stuff wrong, but wasn't there more tension + conflict during the period right after th…
Conde rightly gloats about how, during The Sarah Chubb Years, they were hands-off about meddling with reddit as a site, but they're eliding over how, during that same time, they were extremely hands-on about preventing us from hiring people or buying decent computer hardware.
Re: Left Alone by Its Owner, Reddit Soars
#17"If the leader of the free world stops by" - sorry, he's what?
This is a pretty common expression for the President of the US:
http://en.wikipedia.org/wiki/Free_World#.22Leader_of_the_Fre...
Re: Left Alone by Its Owner, Reddit Soars
#18There's a good interview from Mark Suster with Advance Publications recently. They talk Reddit here:
http://youtu.be/iXES4ITy7W8?t=22m
A little surprising to hear him dismiss the role Digg 4 played in Reddit's success, but overall, gives a good perspective on how they keep it hands-off.
Re: Left Alone by Its Owner, Reddit Soars
#19"If the leader of the free world stops by" - sorry, he's what?
I couldnt read the rest of the article after that