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Reddit confirms $300M Series D led by China’s Tencent at $3B value

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Re: Reddit confirms $300M Series D led by China’s Tencent at $3B value

#21

Post by bitxbitxbitcoin »

derefr wrote: post #13
fermienrico wrote: post #8

I'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…

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…

Those things are great snippets of cultural discourse, though. The similarities in the things won't might find in a random sampling of Usenet, or IRC, or Reddit will undoubtedly be interesting to academics in the future.

Re: Reddit confirms $300M Series D led by China’s Tencent at $3B value

#23

Post by bitxbitxbitcoin »

carboy wrote: post #3

I’m done with Reddit. It was a nice ride, but now it’s officially over. They’ve been trying to turn reddit into Facebook, a personal data vacuum, but now it’s going to get ugly. Considering the valuation, remaining as an unpaid moderator for a reddit sub, is absolutely crazy. Hopefully all the mods up and leave, nothing like letting others get rich from your free efforts.

Where do you find yourself spending your internet time instead?

Re: Reddit confirms $300M Series D led by China’s Tencent at $3B value

#24

Post by steve19 »

Waiting for the API to be turned off to force use of the official app. I am subscribed to lots of niche subreddits and love browsing reddit from my app of choice, but when the day comes that they force me to use the reddit app, I will abandon ship.

They won't care, because they probably make no money off of me.

Re: Reddit confirms $300M Series D led by China’s Tencent at $3B value

#25

Post by steve19 »

wiggler00m wrote: post #22

China now owns the front page of the internet.

Well 10% of the front page of the internet, and they do have 20% of the world population.

There is no way China would allow Reddit to operation in China, and there is no way China would allow a western company to own a significant percentage of "the front page of China".

Re: Reddit confirms $300M Series D led by China’s Tencent at $3B value

#26

Post by theNJR »

abnry wrote: post #20
derefr wrote: post #13

Earlier 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…

Ugh this is so true about Twitter. It really does seem like the feed is filled with political retweets. Good idea about turning them off.

Re: Reddit confirms $300M Series D led by China’s Tencent at $3B value

#27

Post by o10449366 »

fermienrico wrote: post #8

I'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…

10+ year user, I only consistently browse ~3 subreddits now. I realized it was time to move on when I was using Reddit Enhancement Suite more than Reddit itself. My subreddit filter list (so not including keyword filters, blocked users, domain filters, etc.) is currently 1,391, which translates to 2 or 3 unfiltered posts out of 25 if I browse r/all.

"Why don't you just browse your own front page instead of r/all?" I do, but Reddit decided it would be a great idea to limit the number of subreddits they display on your frontpage unless you purchase their premium membership. As a result, even though I'm subscribed to many interesting subreddits, I only see content from the largest and most active ones on my frontpage and the rest of them are hidden from me.

I started browsing r/all instead and filtering out all of the subreddits that don't interest me as a workaround to the above problem. I used to see a lot of interesting subreddits pop up on r/all, but as the site has grown real content has become drowned out by low-effort meme subreddits that multiply like rabbits, politics, and karma-farming bots that repost incessantly. Right now on the first 10 pages of r/all 15/250 posts pass my filters. I have no doubt that over the next few years this number will continue to decrease towards 0.

Re: Reddit confirms $300M Series D led by China’s Tencent at $3B value

#28

Post by theNJR »

Tencent 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 largest (and most important) exports. I'm not sure if that claim to fame is a net positive for the world, but the changing of this guard will certainly have a local impact.

I'm just not yet totally sure what it means, broadly.

Re: Reddit confirms $300M Series D led by China’s Tencent at $3B value

#29

Post by 0xADEADBEE »

abnry wrote: post #20
derefr wrote: post #13

Earlier 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…

I've a similar problem on Twitter. I don't follow anyone for their political views, so I typically unfollow as soon as I read some but it's far from an optimal solution.

I resisted setting an account up for years on Reddit, but you're absolutely right - it's the only way to effectively filter things you don't want to see.

Re: Reddit confirms $300M Series D led by China’s Tencent at $3B value

#30

Post by krypton2k »

derefr wrote: post #13
fermienrico wrote: post #8

I'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…

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…

Do you mean looking askance rather than askew?
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