Reddit Is Raising Funds at a Valuation of $1.7B • Hacker News Board

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

#301

Post by Muuuchem » Sun, Jun 18, 2017, 1:13 AM UTC

swyx wrote: post #247

minimaxir wrote: post #48

Here's a quick chart of the monthly number of submissions to Reddit over time (until April 2017): https://docs.google.com/spreadsheets/d/1d3kqAebZiUqmI-GbmvNY... At about the start of 2017, Reddit saw a noticeable increase in the activity growth rate, which investors love (although the biggest chunk occurred around October/November 2016, due to the U.S. Election) And here's the BigQuery to reproduce the aggregation:…

newbie here... where can i run this thing? from your post it seems like someone is hosting "fh-bigquery.reddit_posts" somewhere?

same, I just learned SQL this week ha.

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

#302

Post by exolymph » Sun, Jun 18, 2017, 1:52 AM UTC

crispytx wrote: post #20

Isn't reddit already successful? Why are they raising money? Shouldn't they be generating profits and returning those profits back to their shareholder(s)?

you sweet summer child

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

#303

Post by manquer » Sun, Jun 18, 2017, 3:33 AM UTC

grillwork wrote: post #61

mikeyouse wrote: post #55

Earlier quoted context omitted.

There's a caveat with that revenue figure in that they very specifically quote how much Ad Revenue Reddit earns, not total revenue. They sell branded products and Reddit gold which definitely increases that number.

So T-Shirts and Gold checks next to your name are worth a 1.8B valuation? It's a propaganda machine at this point.. that's its worth.

You jest.. t shirts sales can be huge in sports . For ex some soccer teams like manchester united or real madrid make enough to justify a valuation not much different based on the t-shirts sales alone...

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

#304

Post by SquareWheel » Sun, Jun 18, 2017, 9:10 AM UTC

jokoon wrote: post #291

SquareWheel wrote: post #200

Earlier quoted context omitted.

There is a dedicated upvote page as a tab on your profile. Not easily combined with subreddit filters without using addons, though. (Just a note, your profile's upvotes appear to be public. This is a toggle available in options)

> Not easily combined with subreddit filters without using addons, though. Could you be more specific?

I just mean the filters can't be applied together. eg. show me upvoted threads from X subreddit. I thought perhaps that's what you were interested in, so I made a note of it.

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

#305

Post by runeks » Sun, Jun 18, 2017, 3:08 PM UTC

I suggest Reddit spend the first $1,000 in funding to fix the official Reddit app, so it properly displays Reddit markdown: https://pbs.twimg.com/media/C_16loHXUAAaVlK.jpg:large

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

#306

Post by joshjje » Sun, Jun 18, 2017, 8:35 PM UTC

freehunter wrote: post #84

wmeredith wrote: post #65

Earlier quoted context omitted.

Eh, this wasn't all that surprising to me. It reminds of the time my sister was shocked to discover that her car had a battery. You don't have to know shit about how a web site works to use one.

>shocked to discover that her car had a battery Ugh I had a long argument with someone in college about why their car wouldn't start... it couldn't possibly be a dead battery, they didn't drive an electric car.

Obviously it was the flux capacitor.

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

#307

Post by jordache » Mon, Jun 19, 2017, 4:06 AM UTC

dredmorbius wrote: post #104

jordache wrote: post #26

Earlier quoted context omitted.

I don't get the need for all these tech companies to prove their "wit" by trying to out do each other on 4/1. Then the tech blogs all rush to cover the various 4/1 "jokes"

Creative people like creative outlets. Creative outlets that you can share with others are also rewarding.

except none of these april fools efforts are funny.. developers are not comedians. most of their crap is cringe worthy

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

#308

Post by luca_ing » Mon, Jun 19, 2017, 2:37 PM UTC

jknoepfler wrote: post #89

I stopped using reddit when they put a "USE OUR MOBILE APP OR DIE" message that cannot be closed conveniently on their mobile page. There is no possible advantage that can accrue to me by giving them app-level access to my device rather than running in my browser, which I trust far more than I trust them. They are literally a dynamic, partitioned page-ranking system, why in the heck would I ever let that escape the b…

For your and any other readers' benefit: On Android, you might try using the app "reddit is fun".

It requires no permissions and its style is delightfully basic and compact. It's my preferred way of redditing these days.

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

#309

Post by komali2 » Mon, Jun 19, 2017, 5:29 PM UTC

quadrupleslap wrote: post #297

bauerd wrote: post #161

Earlier quoted context omitted.

React's virtual dom/diffing is certainly not "slow". It's not the tool that's the problem, but how it's used. There's also more to perceived slowness than how fast your library reconciles the DOM, e.g. I too often encounter pages that will "preload" all their assets behind stupid loading screens, ill-timed CSS animations, modals on top of modals, React Components that badly wrap jQuery plugins, leaked callbacks, … tl…

React can certainly be fast enough but isn't it completely unnecessary for a mostly-static site like Reddit?

Yea, I would say so... I guess from a developer standpoint it makes it easy to just have a "Post" component with various elements. I did this for a Reddit clone using Angular and ng-repeat and whatnot. I don't think it's performance beneficial though.

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

#310

Post by komali2 » Mon, Jun 19, 2017, 9:35 PM UTC

baby wrote: post #258

komali2 wrote: post #3

Does anybody know why development at reddit is so slow? I know they have an engineering team, but if you track the changes over the last couple years, it's not much given how much time has passed. And that's not for lack of feature requests that Reddit staff have admitted would improve the site.

I don't know about the website, but I was really impressed at how fast they released a new iOS app (right after buying Alien Blue) which looks pretty awesome as well.

Vaguely off-topic: the day that app was released, I stumbled into 111 Minna (a bar in downtown SF) and saw a bunch of signs for Reddit. Assuming it was a reddit meetup, I talked up this one dude about the new app, how ugly it was, how I was never going to stop using Baconreader if this was the shit the reddit team was gonna put out, etc. Later a girl said "man, Steve thought it was hilarious how you just shit all over our new app. You know this is our launch party, right?"

Found out it was Steve Huffman.