121–130 of 877 posts
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Max, would you be willing to evaluate Reddit alternatives? One is https://notabug.io/ after the Aaron Swarz quote, has seen hypergrowth since it started a few months ago using our P2P tech.
You do realize that reddit owns Notabug, Inc, yeah?
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I've always thought that the day they crossed the line was when they arbitrarily changed which subreddits were default, removing some (such as /r/atheism) with no real reason. At the very early days of reddit, discussing atheism positively was still kind of unusual in the news. Then, over time, it became a very popular position and advocacy case especially among developers, and new users found the stridency and repet…
I welcomed that change. They had handpicked a few left-leaning subs like that one. I also remember there was one about feminism. I believe that was a bad idea, to position themselves like that. Maybe it was a good idea when reddit was a niche website. Now, as far as I know, they simply have an algorithm that shows the most popular posts of all subs, except a few ones that are banned (like the popular the_donald, a su…
The only problem I have with Reddit from a valuation perspective is that it doesn't really offer much 'secret sauce.' The tech itself is not great, and I don't really know of anyone who likes the redesign. Point being, the value is all in the users and content. Users are fickle, and as we saw from Digg (and lesser extent, StumbleUpon), can flee en masse at any moment. That's a tough pill for me to swallow as a potent…
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I've been thinking about this, too. If you have the right connections and can pull down a bunch of VC money year after year for your business it seems you could go your entire career without having to generate profit!
It seems crazy to me that Reddit can't figure out a way to become profitable. Facebook is hilariously profitable on a fairly similar business model for example. It's not like Reddit is without ads, nor are they lacking in data they could sell (albeit not as high of quality as Facebook or Google). They even sell "Reddit gold" for real money. Maybe they have exceptionally high operating costs? Or are they just really b…
last round was 200 million in July of 2017. if we assume they had around 30 million left of it in bank today that puts them in 10 million negative every month. how does an online community/discussion website that makes money from ads and with not a lot of staff and no other expenses lose 10 million per month? when are they going to become profitable and how? Is it just a tax write off thingy? I never understood these…
Reddit has 230 staff (as of July 2017). edit (removed wrong maths): $1.9m per month in staffing costs @ 230 employees/100K each. Although a reply below says the staff may have almost doubled and $100K may be a low guestimate for the area (inc. benefits, etc). My question would be: Why does Reddit have 230+ staff? What do most of them do?
They're not making 100K / month. So how is 10M / month not slightly crazy? I realize we're not talking anything but staff here, but 8M / month in sales/marketing/office space/infrastructure? Maybe my notion of what it costs to run a site as large as reddit is just way off.
I've been a fan of Reddit for a very long time (as the amount of data science work I've done with their data can attest to), but lately it seems like the incentives between Reddit as a business and Reddit as a community leader are not aligned, and that is a problem. The increasing amount of dark patterns Reddit has been employing lately is concerning. (recent example: Reddit now gates content in mobile Safari to push…
2 things about Reddit's "use our app instead!" buttons: 1. They cycle through a couple of different messages, and the buttons get switched around 2. The wording is such that you read it twice and still aren't sure which button will just take you to the damn website I don't mind them promoting their app, but these dark patterns truely rile me
Isn't there a ton of data that most people don't even use many apps anymore? Or they install them once and then uninstall them or ignore them?
I hope we can move towards a web that stays in the web browser. Apps are becoming really annoying, especially for interactions you only have intermittently (I'm not a daily reddit user, but I go there every now and then, or it pops up on search).
I've given up most social media but have become obsessed with Reddit. No matter how much I use it, I'm constantly amazed that I can be immediately connected with the most knowledgeable and enthusiastic people on virtually any subject I care about. I'm not a fan of the redesign or their push to look at other social media platforms, but I understand the direction they have to go to build revenue.
Seriously? I just assume most people on there are in high school, it seems like a place where the lowest common denominator ideas get upvoted and everything else gets nailed.
If you only browse /r/all then yeah it's very likely you will be in a room full of teenagers.
Go to /r/askhistorians to be in a room with academics that take themselves very seriously.
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Re: "Download the app!" gates, banners, etc. Medium does this too. Why? What's the business reason? What does a native app provide the business that a mobile website doesn't?
Forcing people to use a native app means they can inject ads without having to worry about being blocked by a browser extension.
Ever since the site redesign in May, popularity has been falling (source: Alexa Top Websites): https://www.alexa.com/siteinfo/reddit.com I hope that affected the amount of money they raised. As a reddit fan, the site redesign has not been pleasant. The mobile experience, too.
At least we can continue to use old.reddit.com for now on desktop. On mobile, I refuse to use their own app since it's hot garbage and stick to Apollo, which works pretty well so far.
Given this design, I suppose one must suffer: [new.]reddit.com adoption or the experience for old.reddit.com.