11–20 of 47 posts
Or just find a way to cover operating costs and let Reddit be, you don't need to push it into a billion-user company, SV profiteering style. Maybe there is something I'm fundamentally missing, but Reddit is great right now and has been the last couple years. Just cover costs (Reddit Gold is effective) and leave her be.
Now they owe it to their investors to offer the biggest return possible. And there are some big names on the cap table:
It's a little bit ridiculous that a webpage serving millions of unique visitors every day cannot manage to turn a profit. A savvy business person would do a lot for a head start like that. I think that the whole website is pretty bad. It's old and crummy, easily one of the worst designed popular sites on the internet. Open a new one as a subscription service, leave the old one open for free as it is right now. I mean…
It's a little bit ridiculous that a webpage serving millions of unique visitors every day cannot manage to turn a profit. A savvy business person would do a lot for a head start like that. I think that the whole website is pretty bad. It's old and crummy, easily one of the worst designed popular sites on the internet. Open a new one as a subscription service, leave the old one open for free as it is right now. I mean…
Earlier quoted context omitted.
I think you fundamentally misunderstand reddit.
Please help us understand reddit by sharing your understanding about reddit.
EDIT: I noticed that the article kindly compares reddit to Wikipedia, which Wikia is basically the for-profit sister of, in fact originally created by hosting content that was removed from Wikipedia and putting Google Ads on it. Both Reddit and Wikia have the problem of generating revenue from the people who create the content that the revenue is generated by, many of whom are children.
Or just find a way to cover operating costs and let Reddit be, you don't need to push it into a billion-user company, SV profiteering style. Maybe there is something I'm fundamentally missing, but Reddit is great right now and has been the last couple years. Just cover costs (Reddit Gold is effective) and leave her be.
Sure, if you can find investors willing to sink capital into a non-profit-making venture to replace those who currently are invested in Reddit, and who would probably prefer liquidating their holdings at a loss to have something to put into a profit-making venture than to let it sit in supporting a non-profit-making discussion forum.
It's a little bit ridiculous that a webpage serving millions of unique visitors every day cannot manage to turn a profit. A savvy business person would do a lot for a head start like that. I think that the whole website is pretty bad. It's old and crummy, easily one of the worst designed popular sites on the internet. Open a new one as a subscription service, leave the old one open for free as it is right now. I mean…
The value of Reddit is the userbase. Unless you can convince a critical mass to move over to your new Reddit it's dead, and how are you going to convince people to leave their established communities and pay money to start over somewhere new?
Nothing is stopping anyone from returning to their old communities. The whole thing hinges on the new website actually being good, fast, and better.
Or just find a way to cover operating costs and let Reddit be, you don't need to push it into a billion-user company, SV profiteering style. Maybe there is something I'm fundamentally missing, but Reddit is great right now and has been the last couple years. Just cover costs (Reddit Gold is effective) and leave her be.
Or just find a way to cover operating costs and let Reddit be, you don't need to push it into a billion-user company, SV profiteering style. Maybe there is something I'm fundamentally missing, but Reddit is great right now and has been the last couple years. Just cover costs (Reddit Gold is effective) and leave her be.
> Or just find a way to cover operating costs and let Reddit be, you don't need to push it into a billion-user company, SV profiteering style. Sure, if you can find investors willing to sink capital into a non-profit-making venture to replace those who currently are invested in Reddit, and who would probably prefer liquidating their holdings at a loss to have something to put into a profit-making venture than to let…
Running costs include the wages for those working there. I think $150,000 or so per employee is more than enough + volunteers. Of course you would have to give up the dream of being a billionaire. Off the top of my head I can think of less than 10 people to have done that, and none of them did it after 2001.
It's a little bit ridiculous that a webpage serving millions of unique visitors every day cannot manage to turn a profit. A savvy business person would do a lot for a head start like that. I think that the whole website is pretty bad. It's old and crummy, easily one of the worst designed popular sites on the internet. Open a new one as a subscription service, leave the old one open for free as it is right now. I mean…
> It's a little bit ridiculous that a webpage serving millions of unique visitors every day cannot manage to turn a profit. A savvy business person would do a lot for a head start like that. Care to elaborate on how a savvy business person would extract a profit? Unobtrusive ads obviously don't make enough money. Obnoxious ads are going to push users away / to use AdBlock. Sneaky manipulation of rankings will get out…
