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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

#291
post #250

Earlier quoted context omitted.

I agree, apps like these and previously musically (sp?) are extremely shallow and promote narcissistic traits in gullible teenagers. Glad I was not a teen in 2019.

musically is TikTok. They rebranded.

I thought they were competitors?

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

#292

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 we respect Germany more than China, for obvious reasons. China's conduct in business, treatment of its own people, politics and history should raise enough red flags.

Hell, China's flag is literally red.

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

#293

Earlier quoted context omitted.

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 somethin…

>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 Not sure if you're doing this intentionally, but these are all the things Americans definitely don't share in common or agree on, even within the same cities and states. In fact, we have never d…

The US is a very multicultural nation. That's why it expresses so many distinct cultures.

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

#294
post #131

Earlier quoted context omitted.

They have almost made their mobile website un-usable. You have to click 3-4 buttons just to close out all of the popups. If you browse in Incognito mode, you have to close everything every time.

The original desktop site on mobile works fine for me, it’s all I’ve ever used. But it’s not the default and the redesign is unusable, so you have to configure each new browser you visit the site on. My usage has definitely dropped over the last few months due to usability alone.

Red reader is fantastic for mobile. Ad free and night mode looks the same as hn version with night mode.

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

#295

Earlier quoted context omitted.

>Think how dumb the average joe is, then realize that 50% of the population is dumber than him. The median Joe.

You'd expect a site dedicated to software engineers to have a better grasp on how a bell curve works. Even the median Joe in this case is relatively similar to most other Joe's because 2/3 of the population is within 1 standard deviation of intelligence.

I beg to differ that this site is dedicated only to software engineers. There are lots of marketers, designers, and other "business" types that visit - I'd wager that half of the visitors don't know how to code.

Therefore, my use of "average" is a pragmatic usage that gets the point across better, even if it's not technically correct.

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

#296
post #28

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 lar…

I've been thinking a lot about this since writing the parent comment two days ago. I wrote a post [0] that expands on how China uses investment to control American culture.

Appreciate the great conversation had in this thread, as it helped inform my thinking.

[0] https://news.ycombinator.com/item?id=19166794

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