Reddit acquires ML startup Spell
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Reddit acquires ML startup Spell
1–10 of 86 posts
Re: Reddit acquires ML startup Spell
#2Maybe if they can just focus on making their video servers work sometime in the next decade.
Re: Reddit acquires ML startup Spell
#3This acquisition is...unusual. I strongly suspect it's not a 10x exit. (last raised $15M in 2019: https://www.crunchbase.com/organization/spell )
Reddit obviously has the data for robust machine learning, but not sure how an experiments-management startup aligns with it unless it's an acquihire.
Re: Reddit acquires ML startup Spell
#4I thought the whole appeal of Reddit was community moderation and escape from algorithms.
Re: Reddit acquires ML startup Spell
#5This acquisition is...unusual. I strongly suspect it's not a 10x exit. (last raised $15M in 2019: https://www.crunchbase.com/organization/spell ) Reddit obviously has the data for robust machine learning, but not sure how an experiments-management startup aligns with it unless it's an acquihire.
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Re: Reddit acquires ML startup Spell
#6This acquisition is...unusual. I strongly suspect it's not a 10x exit. (last raised $15M in 2019: https://www.crunchbase.com/organization/spell ) Reddit obviously has the data for robust machine learning, but not sure how an experiments-management startup aligns with it unless it's an acquihire.
Acquihire.
"Our next challenge is to apply what we’ve built to improve the user experience for redditors"
"we’ll no longer be signing up new commercial customers to the Spell service"
Re: Reddit acquires ML startup Spell
#7I thought the whole appeal of Reddit was community moderation and escape from algorithms.
Primarily for ads I would guess.
Re: Reddit acquires ML startup Spell
#8I thought the whole appeal of Reddit was community moderation and escape from algorithms.
It used to be, but the push for monetization has poisoned that well. I don't know what comes after reddit but I'm keeping my eyes and ears open.
Had a reddit recruiter reach out to me recently looking for engineering leadership for their upcoming product road map. What's in: ads, influencers, crypto, NFTs. What's not in: improving the core feature set of reddit like community management, curation, search, or user interface/experience.
Hard pass, and a bad sign of what's to come.
Re: Reddit acquires ML startup Spell
#9Reddit should prioritize their site working on the browser.
Clicking a nested thread seems to crash whatever browser I use 1/10th of the time, the videos never work, and the time it takes to open a thread is almost unbelievable in 2022.
(Never mind the times it won’t let me view content without the app.)
Re: Reddit acquires ML startup Spell
#10This acquisition is...unusual. I strongly suspect it's not a 10x exit. (last raised $15M in 2019: https://www.crunchbase.com/organization/spell ) Reddit obviously has the data for robust machine learning, but not sure how an experiments-management startup aligns with it unless it's an acquihire.
Acquihire. "Our next challenge is to apply what we’ve built to improve the user experience for redditors" "we’ll no longer be signing up new commercial customers to the Spell service" https://spell.ml/blog/spell-joins-reddit-YqtKRhEAACMAgbU9
Do the founders get any money out of it or not much.