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Stack Overflow sold to Prosus for $1.8B

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Re: Stack Overflow sold to Prosus for $1.8B

#541

Earlier quoted context omitted.

SO being SO has increased it's value year over year. There's no need to change anything, just ride those coat tails to profit.

If the total accumulation of year to year profits was higher than 1.8B, then the current owners of Stack Overflow would've never sold.

Also keep in mind that the public SO doesn't even have to change much for there to be "big changes". SO Jobs is where the money is made and they have private Q&A sites for businesses.

Re: Stack Overflow sold to Prosus for $1.8B

#542

Earlier quoted context omitted.

I have given up on participating on SO because more often than not I am told I don't have enough reputation to do something (I don't know if it's commenting or giving an answer or giving an upvote but there are some questions for which answers are wrong or need some updates and I can't participate. So I just don't by default. I think I can't upvote on some stack and I find this weird).

I'm with you. I've never had an active account on StackOverflow. I created an account once or twice after coming across a question where the "accepted" answer was incorrect, or where it was badly missing something about the big-picture, and I was appalled to find that they don't let new accounts answer questions -- you have to comment or upvote (or something?) before you gain the right to answer a question. Fuck that…

This has been my exact experience. So to me it's always been a read only site.

Re: Stack Overflow sold to Prosus for $1.8B

#543

While I'm happy for the people who made a lot of money in this transaction, I always read these announcements with a bit of angst. From a user point of view, I expect this to go like Reddit has, for example. Everyone building that value saw high use value, returns on their investment in the form of information they need, lean, easy to find, high signal to noise. Now there is a debt to be paid. The new owner needs to…

I dunno. Reddit seems like an example of a successful acquisition. Conde Nast managed not to destroy Reddit after buying it. But I agree with you overall. I'm a bit nervous too. Stack Overflow is so good, and its fate is now entirely in the hands of the purchaser. EDIT: In the other announcement post ( https://www.joelonsoftware.com/2021/06/02/kinda-a-big-announ... ): Today we’re pleased to announce that Stack Overfl…

>Conde Nast managed not to destroy Reddit after buying it.

That.... is a very positive view of Reddit. I'd say everything on Reddit is way worse now and going downhill fast.

Re: Stack Overflow sold to Prosus for $1.8B

#544

Earlier quoted context omitted.

I dunno. Reddit seems like an example of a successful acquisition. Conde Nast managed not to destroy Reddit after buying it. But I agree with you overall. I'm a bit nervous too. Stack Overflow is so good, and its fate is now entirely in the hands of the purchaser. EDIT: In the other announcement post ( https://www.joelonsoftware.com/2021/06/02/kinda-a-big-announ... ): Today we’re pleased to announce that Stack Overfl…

> Conde Nast managed not to destroy Reddit after buying it. I would have said the exact opposite. The Reddit community was destroyed. People no longer recommend Reddit for interesting discussions or speak excitedly about its communities. Conde Nast monetized and changed Reddit, recouping their investment, and now it's hard to find people who have good things to say about it. Consider e.g. /r/darknetplan or similar to…

That subreddit was started after the acquisition. In fact, every subreddit was, because user created subreddits were paid for by Conde Nast. As was self posts and pretty much every major innovation.

It was after they brought in outside investors that they were pressured to monetize.

Re: Stack Overflow sold to Prosus for $1.8B

#545

Earlier quoted context omitted.

Their app is 2x slower than their mobile site and their new mobile site is 4x slower than their old site. Why do these brands feel the need to make everything a fucking SPA.

The entire field of front-end engineering needs to take a step back and think about the user instead of overengineering every problem and constantly changing things just to justify their job existing.

As a front-end engineer I don't feel any pressure to justify my job. The issue of "constantly changing things" tends to be completely out of our hands, so work is pretty abundant.

That said, I agree with you in principal. In this field I feel like I'm constantly fighting to keep the code simple and lean, while others think it's okay to import an entire bloated library just to make a button shine a certain way.

Re: Stack Overflow sold to Prosus for $1.8B

#546
Top 3%er here and I rarely use Stack Overflow anymore. I got so tired of the snarky answers to questions (both mine and others) and peoples' ability to downvote you without giving any justification. I've been there for 12 years but fortunately, in that time, I've become a good enough developer that I can generally figure out my own problems. And if I get stuck, I'll go to the relevant Google group or to a sub Reddit. Stack Overflow is no longer relevant to me.

Re: Stack Overflow sold to Prosus for $1.8B

#548
post #11

I always thought Microsoft would be a natural buyer given the tech stack and Microsoft's support for developers. Unrelated story, I have a day one Stack Overflow account. I don't remember how I found it but I'm sure it was posted on digg or slashdot or something at the time. I had a lot of posts in the first few years about some generally broad concepts, and completely inactive since. In spite of this, I am in the to…

I always thought Microsoft would be a natural buyer given the tech stack and Microsoft's support for developers. The heyday of SO is long over and all the serious Q+A takes place on GitHub, which MS already owns.

Many repo owners close discussion that ain't bugs or feature request because of moderation workload.

Re: Stack Overflow sold to Prosus for $1.8B

#549

Earlier quoted context omitted.

> Conde Nast managed not to destroy Reddit after buying it. Their current plan seems to be a race to the bottom; a new re-design for the default landing page that rewards infinite scroll over in-depth content. Meanwhile, the moderation tools are still garbage.

This actually just proves OPs point. When CN bought reddit, reddit thrived. They gave us a bunch of money and no constraints. When reddit recapitalized is when all the monetization stuff really started. Once they brought in outside investors and had people to answer to.

Yes. That is what I intended and did not articulate as well as you just did.

Re: Stack Overflow sold to Prosus for $1.8B

#550

Earlier quoted context omitted.

I don't think the Reddit transition has gone very well. But there is still a lot to be seen on that front. Ars is an example of a successful acquisition. I totally agree.

> I don't think the Reddit transition has gone very well. I would agree, although I do not think it has been particularly bad either. If they had broken apps the enhance reddit and removed old.reddit.com, then I would think otherwise. For the most part, I am still able to use the site as I have since 2011.

To me, and I'm in the same scenario as you, that's mostly bad.

old.reddit.com isn't going to last, is it?

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