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Reddit Is Raising Funds at a Valuation of $1.7B

bloomberg.com

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Re: Reddit Is Raising Funds at a Valuation of $1.7B

#151

Post by Roritharr »

JosephLark wrote: post #119
jliptzin wrote: post #5

Earlier quoted context omitted.

Maybe they don't want to fix what's not broken. If their usage continues going up at acceptable rates year after year, then maybe they have all the features they need right now. I have witnessed more than a few properties decline after site owners complicated the UI with stupid features barely anyone was asking for just for the sake of working on new stuff.

> Maybe they don't want to fix what's not broken Unfortunately, this doesn't appear to be the case. They haven't been hiding that they're gearing up for a major redesign. From what I've seen so far, I'm not at all excited for it. They launched user profiles recently, and it's an uninspired blocky design with way too much unnecessary whitespace for a desktop site. Also, even on desktop there is noticeable Javascript i…

I'm in a weird position there. I've recently decided on react for most of our frontend in the future because of all the technical advantages this offers and the productivity benefits I see, but I still harbor reservations against react because in practice I've rarely seen react pages that feel snappy and fast, rather than choppy and slow.

Re: Reddit Is Raising Funds at a Valuation of $1.7B

#152

Post by harryf »

jacquesm wrote: post #29

Trying to imagine the kind of strategy that will yield a large enough multiple of that valuation to satisfy the new investors, or the kind of strategy that would create an annual ROI that would keep them happy. And failing. Anybody have any idea what the long term game plan is here?

Bringing crypto currency to the masses?

Re: Reddit Is Raising Funds at a Valuation of $1.7B

#153

Post by shalmanese »

johnfn wrote: post #32
redthrowaway wrote: post #12

Earlier quoted context omitted.

That's almost certainly by design. Just as with tweets, it would be massively abused.

Ages ago an admin said "yeah it would make sense for post titles to be edited within the first x minutes of making one", an incredibly low-hanging fruit that has been requested since forever. It still hasn't been added.

The reddit button for submitting a post still says "save". I brought it up to a reddit designer last year and apparently there's some mountain of technical debt that would make changing the label a week long task so its languished at the bottom of the priority queue for many years now.

Re: Reddit Is Raising Funds at a Valuation of $1.7B

#155

Post by paganel »

epmatsw wrote: post #82
dzhiurgis wrote: post #69

Earlier quoted context omitted.

I haven't seen a single sub where CSS would add value. The worst example is r/science where colourful tags make it especially noisy.

Besides spoiler tags, check out any of the sports subs: r/cfb, r/NFL, r/NBA have team flair, schedules, and scoreboards. Without those and the inline images, those communities would lose a lot of their fun.

r/soccer would most probably become half-dead over-night if the team flairs were to disappear. Almost each and every time when I'm reading a comment on there I first look at the flair of the redditor who had made the comment, so that I know who am I answering to. Sports-related discussions are a lot more heated and personal compared to what usually happens on sites like HN or how r/programming was at the beginning. I've actually seen grown people cry with real tears because of a football match, I'm yet to see a programmer cry because some other programmer has used spaces instead of tabs or vice-versa.

Re: Reddit Is Raising Funds at a Valuation of $1.7B

#156

Post by SkyMarshal »

Roritharr wrote: post #151
JosephLark wrote: post #119

Earlier quoted context omitted.

> Maybe they don't want to fix what's not broken Unfortunately, this doesn't appear to be the case. They haven't been hiding that they're gearing up for a major redesign. From what I've seen so far, I'm not at all excited for it. They launched user profiles recently, and it's an uninspired blocky design with way too much unnecessary whitespace for a desktop site. Also, even on desktop there is noticeable Javascript i…

I'm in a weird position there. I've recently decided on react for most of our frontend in the future because of all the technical advantages this offers and the productivity benefits I see, but I still harbor reservations against react because in practice I've rarely seen react pages that feel snappy and fast, rather than choppy and slow.

Interesting observation, b/c one of the original value propositions of React's virtual dom model was faster rendering than most other frontend frameworks at the time. I wonder if it's gotten so complicated it lost that?

If so, there are a number of other intentionally lightweight virtual dom frontend frameworks. Mithril, Riot, Preact, virtual-dom all come to mind, and there are a probably a few more.

Re: Reddit Is Raising Funds at a Valuation of $1.7B

#157

Post by s_kilk »

syassami wrote: post #145
guftagu wrote: post #143

Earlier quoted context omitted.

> > Shouldn't they be generating profits and returning those profits back to their shareholder(s)? > What black magic is this? Surely you aren't suggesting... the d-word?! Okay, I'll bite. What's the d-word?

going to guess he means dividends

Disgusting /s

Re: Reddit Is Raising Funds at a Valuation of $1.7B

#158

Post by curiousgal »

makecheck wrote: post #102

It seems like Reddit would be a good candidate for experimenting with tiny fees: namely, $12 per year just to use it. That’s one (moderately priced) lunch in total, a dollar a month, for a site that provides a huge amount of content and discussion or just distraction. Far less than one crappy movie in a theater, too. And if everyone paid this, they’d have tons of cash.

Not all Reddit users are from the U.S. or Europe you know. Not all countries have access to online banking or Bitcoin.

Also, good luck getting r/Frugal to pay for that. This would be a horrible business model for Reddit.

Re: Reddit Is Raising Funds at a Valuation of $1.7B

#159

Post by curiousgal »

throw_away_777 wrote: post #124

Reddit has the worst mobile site i've ever seen, with constant pop-ups that make the site basically unusable. Sometimes a good idea and first to the market is better than good execution.

Get Sync for Reddit and you'll even stop using their Desktop website.
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