Redeadit. Made in China now.
Reddit confirms $300M Series D led by China’s Tencent at $3B value
101–110 of 296 posts
Re: Reddit confirms $300M Series D led by China’s Tencent at $3B value
#102Earlier quoted context omitted.
While I think this is a little extreme, I understand fully the sentiment behind it. It's lamentable considering how simple the site is but there exist currently, no good alternatives! I suppose we can attribute that at least partly to the Network Effect. I've been tired of it since the front-end redesign; I grew weary of the dark patterns, the constant nagging to use their app when on mobile, the fact that my back bu…
I worked at reddit for 4 years but quit in 2016, largely because they were clearly beginning to switch from a small, fairly independent company (despite being owned by Advance/Conde) to one that was going to become completely dependent on venture capital and I knew what that would end up doing to the site (which, like you mentioned, is manifesting through the redesign, the dark patterns, and so on). They've now taken…
This comment would have been fine without the preceding humblebrag. "Oh its so difficult dealing with massive interest from HN, but oh well I'll take the hit for your sake". Admit it, if a bunch of folks from HN join it's great for you.
Re: Reddit confirms $300M Series D led by China’s Tencent at $3B value
#103Tencent has a meaningful ownership of American youth. 12% Snap 7.5% Spotify 40% Epic Games 100% Riot Games 100% Supercell 5% Reddit Hollywood has also been moving in this direction, with a lot of Chinese investment in the studios, and blockbusters adding special scenes with Chinese actors and locations. What does it mean for America when it's no longer the owner or creator of culture? It's historically one of our lar…
China "owns" them in the investment sense, but is hardly responsible for creating it or the culture that birthed the ideas. That's the real key here. If many home grown Chinese apps or concepts take off (ala TikTok), you may be right. But at the moment, like everything in China it seems they are just keen to buy/cheat/steal. The only issue I can see from ownership is if they start to censor the platform.
>The only issue I can see from ownership is if they start to censor the platform.
I doubt they'll do any overt censoring (eg. "no talking about what happened at Tiananmen Square in 1989), but I wouldn't be surprised if they do subtle manipulation like silently deemphasizing anti-China content, or emphasizing anti-westnern content (eg. infighting, failure of western democracy). The latter probably would probably even good for the site (in terms of engagement) as outrage drive cilcks.
Re: Reddit confirms $300M Series D led by China’s Tencent at $3B value
#104I've seen Reddit degrade painfully over last 8-10 years. It was full of intelligent comments, insight and unique perspective from people all over the world. Browsing the front page and reading the comments makes me sad that instead of intellectual discourse, we have a 3 billion dollar meme making machine. I wish to keep HN away from the masses as much as I'd like a broader perspective in the light of how things go wi…
I’m a 13-year reddit user. The quality of the site going down is simply a symptom of its popularity. Think how dumb the average joe is, then realize that 50% of the population is dumber than him. You can still find intelligent discussion on reddit, you just have to do a lot more work filtering.
I've been using reddit for 12 years and the quality of the site has gone down considerably in just the last few years. The trolling, bots, and hate speech seem to be rampant. There has been a concerted effort for certain ideological groups to take over popular subreddits like country and city specific subreddits to push a specific agenda.
All this happens while plenty of other niche subreddits go on as usual. I'm subscribed to a bunch of subreddits with great communities.
While popularity certainly has a huge role in the downfall, Reddit was already Internet-popular years ago. I think the problem now is that Reddit is being gamed pretty hard and they don't have the means to fix it. And it's not just a technological problem, it's a social one.
Re: Reddit confirms $300M Series D led by China’s Tencent at $3B value
#105Earlier quoted context omitted.
Reddit, like Usenet, or IRC, is just a collection of individual communities that happen to share an identity system. Expecting the (not-logged-in) Reddit front page to be “intellectual discourse” would be like expecting a random selection of Usenet posts or IRC chat-lines to be “intellectual discourse.” Try just visiting specific Reddit communities, rather than looking askew at the entire menagerie as if there was va…
This is very good advice. One of my most upvoted Hacker News comments was saying that creating an account and whitelisting the subreddits you want to read is a tremendous improvement on reddit. Funny thing to me is that it is really hard to isolate yourself in this way on Twitter. I've spent a lot of time trying to do this but politics always seems to leak through. One thing that has helped is by turning off retweets…
Mastodon has a better workflow for that experience. I find it difficult to find people to follow, but my browsing experience is very stress free day to day.
Re: Reddit confirms $300M Series D led by China’s Tencent at $3B value
#106Tencent has a meaningful ownership of American youth. 12% Snap 7.5% Spotify 40% Epic Games 100% Riot Games 100% Supercell 5% Reddit Hollywood has also been moving in this direction, with a lot of Chinese investment in the studios, and blockbusters adding special scenes with Chinese actors and locations. What does it mean for America when it's no longer the owner or creator of culture? It's historically one of our lar…
> What does it mean for America when it's no longer the owner or creator of culture? That premise is no more valid today with China than it was at the height of Japan-takes-over-the-world mania. Japan via Sony accumulated a large ownership position in US music. Sony acquired Columbia Pictures in 1989 for $3.4 billion, a huge deal at the time. Nintendo and Sega took over US video gaming from Atari. What did it mean? N…
The difference is that China has an expressly anti-democratic ideology, and its government has so far been enthusiastic about weaponizing the private sector to further its influence. That's a terrifying thing when combined with ownership over American companies, especially media companies.
Re: Reddit confirms $300M Series D led by China’s Tencent at $3B value
#107Earlier quoted context omitted.
It sounds like you're conflating entertainment with culture.
I’m not sure we have culture anymore that isn’t entertainment.
Cuisine, fashion, religion, basic attitudes, lines of acceptable thought, how to behave as an individual, how to behave in a group, how to behave as a leader, how to behave as a subordinate, acceptable vices, social progress… plenty more I can think of, the majority of them not entertainment.
In the US alone, this can very wildly between cities, counties, states, etc. What it means to be American in Idaho is something quite different to what it means to be American in Hawaii.
Re: Reddit confirms $300M Series D led by China’s Tencent at $3B value
#108I don’t know what it means for America, but what it apparently means for China is no more Chinese villains in films for an international audience
Do you have evidence of this?
Re: Reddit confirms $300M Series D led by China’s Tencent at $3B value
#109Earlier quoted context omitted.
TikTok is fully Chinese-owned as well, and is probably the most used app by teenagers today.
Is that true? Wasn't aware that it had a significant hold in US society. Thought Instagram and Snapchat still dominated quick engagement.
Yes, it's big and growing quickly. The structure of kids memeing kids (who are told to do so by the TikTok AI and marketing team) plays well and spreads quickly.
Re: Reddit confirms $300M Series D led by China’s Tencent at $3B value
#110Is there a good alternative to Reddit? I've been a pretty heavy user for almost a decade but they have been disappointing these past couple of years. I hate how their "principles" aren't consistent. They ban certain subreddit for certain violation while keeping others that fit the same exact category. They never provide an answer to the commuity either. Where do I go to now?! HN is my only safe haven left...
People used to host forums dedicated too a topic. Forums are still a thing... Reddit, is just a forum of forums... Why do we need centralized forums anyways?
Because they are a million times easier to browse when all on one site and there (usually) aren’t any worries about cross-promoting different subreddits. It also makes it a lot easier for knowledgeable people to poke their heads into a random thread and offer an opinion compared to going to another site.
Unfortunately, all of that was a lot better 10 years ago.