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Reddit is raising a huge round near a $3B valuation

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Re: Reddit is raising a huge round near a $3B valuation

#341

Earlier quoted context omitted.

Yep. Look at woodworking, sailing, overlanding, etc. and you'll find people who care about their hobby and are knowledgeable. Some popular subs can have good content, too - askreddit has a good topic once or twice a month, and depthhub (used to) have good curation of deep learning.

>Yep. Look at woodworking, sailing, overlanding, etc. and you'll find people who care about their hobby and are knowledgeable. I disagree. Those subs are chock full of people who suffer from "expert beginner" symptom. The real experts have moved on to communities with a higher bar of entry (mostly forums). You can't have real in-depth discussion about technical subjects when you're constantly getting buried by people…

It's because Reddit displays the upvote totals. Anytime you set up something that looks like a scorekeeping mechanism, people are going to start treating it like a video game and chasing high scores, with all the attendant showboating and bad behavior that leads to.

Re: Reddit is raising a huge round near a $3B valuation

#342
post #2

Fun, I deleted my 9 year old account last night. It's wasn't out of some high-minded thing about how they're turning more into Facebook or privacy or anything. That site just hits my dopamine so effectively I had to quit and block it in my /etc/hosts. I am spending more time on HN though...

Could have probably sold it for $50-$100. (Yes, this makes reddit worse)

Re: Reddit is raising a huge round near a $3B valuation

#343

It amazes me the kind of sheer incompetency their product team has demonstrated over the past 2-3 years. (Edit - as pointed out in replies to this post, this is an unfair characterization fueled by my recent frustrations with the direction the site is going. I don't think it is unreasonable to point out that reddit is failing the expectations of their users, but I don't doubt for a minute that the individuals working…

I find this sort of slightly gloating incredulity at just how "obvious" the things a company ought to be working on are to be surprising. You have almost none of the information required to make informed judgements about whether or not Reddit's product team is incompetent (maybe they're doing way better than they should be under the circumstances?), or whether they're focusing on the right things.

There are definitely problems with the user experience, but framing it in absolute terms and kicking off with a sweeping statement about the perceived incompetence of some people who are presumably bright and talented is… weird.

Re: Reddit is raising a huge round near a $3B valuation

#344

Earlier quoted context omitted.

Yeah the horde of edgelords in WPD totally isn't one of the reasons the sub got quarantined. Gore will always be considered shock content, but the comments in WPD are almost always downright repulsive.

Can you elaborate? I assumed that quarantining a sub was about the posts, rather than the comments. This is based on my experience of every subreddit having lots of offensive comments (granted, mostly downvoted.)

To somewhat further your point, take a look at /r/greentext and /r/4chan. While the posts themselves are only somewhat racist, the comments that accompany them are disgustingly edgy and juvenile - they're not being downvoted however. I don't think anything is likely to be done to these subreddits.

Re: Reddit is raising a huge round near a $3B valuation

#345

Reddit has been raising money for almost 15 years! I wish I had the connections to VC's that reddit apparently does. I can definitely spend all the money a VC gives me, then raise more money, and then spend all that money, and never turn a profit for 15 or 20 years.

It's easy to get such connections with half a billion active users.

At some point you'd think they'd expect them to make a profit though. At what point do the venture capitalists say 'screw this, it's not working' and let some of these 'unicorns' crash and burn?

Re: Reddit is raising a huge round near a $3B valuation

#346
post #300

It amazes me the kind of sheer incompetency their product team has demonstrated over the past 2-3 years. (Edit - as pointed out in replies to this post, this is an unfair characterization fueled by my recent frustrations with the direction the site is going. I don't think it is unreasonable to point out that reddit is failing the expectations of their users, but I don't doubt for a minute that the individuals working…

Weren't they bought by Conde Nast a few years ago? Is that when it started to slide? EDIT: My how time flies. It was bought by CN in 2006!

Reddit is ~1 year younger than Facebook, and ~1 year older than Twitter.

Re: Reddit is raising a huge round near a $3B valuation

#347

I've been a fan of Reddit for a very long time (as the amount of data science work I've done with their data can attest to), but lately it seems like the incentives between Reddit as a business and Reddit as a community leader are not aligned, and that is a problem. The increasing amount of dark patterns Reddit has been employing lately is concerning. (recent example: Reddit now gates content in mobile Safari to push…

Their mobile interface takes ages (several seconds on a bad mobile connection!) to load and keeps pestering you about using the App.

I'm glad they keep their old mobile interface (https://i.reddit.com) which loads instantaneous. Unfortunately some links redirect you to the new interface, which is when I just close the site.

Re: Reddit is raising a huge round near a $3B valuation

#349

It amazes me the kind of sheer incompetency their product team has demonstrated over the past 2-3 years. (Edit - as pointed out in replies to this post, this is an unfair characterization fueled by my recent frustrations with the direction the site is going. I don't think it is unreasonable to point out that reddit is failing the expectations of their users, but I don't doubt for a minute that the individuals working…

"10 years ago when reddit would go down, you rooted for them as the underdog to figure it out. Now when it happens, it's just sad. They still can't even handle the kind of traffic that the super bowl brings them. They've had years to figure this out." Reddit goes down pretty rarely and I can't remember when it was ever down more than an hour or two. It also definitely didn't go down for the SuperBowl that I saw. The…

It definitely was down for me during the Superbowl - I checked periodically throughout the broadcast and each time was met with a "reddit servers are currently down" with the reddit teletubby logo thing.

They have intermittent server issues all the time that usually don't last all that long but I rarely if ever see intermittent server issues from any other top 20 site.

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