Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

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

techcrunch.com

Post reply on HN
Print view View original

251–260 of 296 posts

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

#251

Post by dsfyu404ed »

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…

No it's not. Reddit makes it too easy for people to cross between communities and the result is everything trends toward the lowest common denominator. It's the same problem 4Chan has. No matter what you do you're hanging out in the same neighborhood as a bunch of people you probably don't want to hang out with because at the end of the day you still share a site.

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

#252

Post by [deleted] »

scottydelta wrote: post #149

Reddit was outraged when the users heard that Reddit was going to take $150M from Tencent but now there is not a single mention of it on the frontpage even after they took double the earlier reported amount. I cannot help but think if it's the Reddit's censorship is in play here.

[deleted]

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

#253

Post by rchaud »

adventured wrote: post #115
colordrops wrote: post #94

Earlier quoted context omitted.

It's very different this time. Japan was under the American umbrella of influence when it was supposedly going to take over. China is a rival and a resource-rich nuclear super power with orders of magnitude more leverage and a very different set of cultural norms and behaviors. I don't think it will go the way it did with Japan.

Japan had a larger GDP per capita than the US from 1987 until 2000. Inflation adjusted their GDP was nearly as large in 1995 as China's is today. They did that with 1/11th the population. China will never accomplish something that dramatic economically. Japan held a lot more influence over the US at the time precisely because we were allies. China will never be allowed to acquire large numbers of important US compani…

You should consider writing dialogue for Reagan-era action movie satires about muscle-bound heroes bravely fighting the red menace.

"China will never accomplish something that dramatic economically."

What China's accomplished in reducing extreme poverty, given their starting point under the Mao regime, is nothing short of miraculous. It has far wider reaching lessons for developing countries than Japan's post-war boom does.

"China's giants mostly can't leave their own borders and never will. The regressive command economy straight-jacket..."

When you have a billion + people, it makes sense to focus on that market first. Anyway, the US wouldn't be warning partners about Huawei if their equipment wasn't a key part of most nations' telecom infrastructure already.

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

#254

Post by rchaud »

coryrc wrote: post #222
yourbandsucks wrote: post #181

Earlier quoted context omitted.

Not you specifically but more the thread. We sell everything to the highest bidder, buy from the cheapest supplier, but then when it's a Chinese company investing it's suddenly a cultural crisis? If a German company was buying part of Reddit, would it be the same cultural crisis?

No, because Germany is also a democracy supporting almost identical views on freedom of expression.

OK, I"m a German investor with a board seat, and I insist that Reddit block subs featuring Holocaust denial and neo-Nazi content from appearing for users with German IP addresses. We still good?

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

#255

Post by rchaud »

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…

> 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.

I am surprised this has to be said. It's the same thing with Youtube. Unless you're signed in and have set your own preferences, you will be exposed to the dumpster fire that is mainstream internet content...high schooler humor, conspiracy garbage, superhero movie trailers, etc.

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

#256

Post by rchaud »

computerex wrote: post #37
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…

Don't make the mistake of viewing the entirety of reddit under one lens. There are many serious sub-reddits that don't tolerate meme/joke posts and focus on content value.

I'm reminded of this every time I set up a Reddit app on a new phone. I have to set my filters manually each time, and it's crazy how many garbage meme/videogame/superhero subs targeted at kids I have to block before my r/all experience goes back to normal.

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

#257

Post by rchaud »

tamrix wrote: post #174
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…

I'm going to be that guy. The Internet was better in the late 90s early 2000s.

Back then, we just had individual communities under their own web domains. That meant that you needed to have lurked on the site for a bit, understood the culture, and then make the decision to make an account and join the discussion.

Forums also had a unique look and feel, even if they were just different color themes selected from the admin panel.

With Reddit, you have individual communities, but one account gets you access to them all. So you will get people who joined a 'foreveralone' group and can now frictionlessly post on relationship subs about how women don't want nice guys like him, they want bad boys who'll abuse them.

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

#258

Post by rthomas6 »

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…

Try the Fediverse (Mastodon)! It's set up to be less inflammatory because the retweet equivalent doesn't allow embedding your own response. It's also easier to create an isolated island for yourself. Find an instance that aligns with your interests, or do what I'm doing and create your own!

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

#259

Post by rchaud »

chrisper wrote: post #223
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.

A lot of the moderators in Reddit are powerhungry or are marketing shills. Since it satisfies their needs I don't think they mind it being not paid.

Before long, a glorious new age will dawn: the era of the Reddit influencer.

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

#260

Post by rchaud »

movedx wrote: post #71
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.

My advice would be to treat it like a tool: look up what you need, ask questions when you need to, but ignore it the rest of the time.

It's not Stack Overflow; Reddit is designed to be visited daily and 'engaged' with.

That said, I do go to Reddit first when I'm looking to answer questions like HDD recommendations or things to do in my city. That's because searching Google for it will give me nothing but awful content mill blog posts stuffed with affiliate links and SEO-optimized keywords ("Best USD Hard Drives in 2019"). On Reddit you actually get the feeling that the question is trying to be answered by actual people.

Post reply on HN