Live data from Hacker News

Reddit's user uprising against China because Tencent will invest in the platform

china-underground.com

81–90 of 353 posts

Re: Reddit's user uprising against China because Tencent will invest in the platform

#81
post #58

Earlier quoted context omitted.

I liked digg. A lot. Then v2.0 came, and I left to Reddit. A few months ago, I had a script write over all my comments, and deleted the account. Reddit is the new digg v3.0.

What’s the current alternative?

tildes.net

Re: Reddit's user uprising against China because Tencent will invest in the platform

#82

Are there examples of companies that said “this is enough money” and stopped concentrating on having ever increasing profits every quarter to satisfy VC or stock investors? I think of this a lot lately. It seems companies don’t want to just do what they do well anymore and be satisfied with that. Can someone give me some inspiration? Companies that have such pride in their work that they aren’t constantly looking for…

I am reading a newly published book "Company of One" that promotes a mindset of serving a smaller number of customers very well vs. growing and going for quality in everything your business does. Recommended.

Re: Reddit's user uprising against China because Tencent will invest in the platform

#83

Reddit has long been plagued with censorship. The CEO edited the post of a user because they criticized him or something. I can't believe how quickly that's been forgotten. The Reddit situation reminds me of the post about failing to build a billion dollar company a few days ago. Reddit is trying to make VCs happy and continue to grow the business, but a platform like Reddit is best as a less reliant on growth, but s…

Can you imagine the reaction if a user's post on HN were edited by YC? I guess it'd be the instant death of the network. That this action a) happened on Reddit + b) was mostly/quickly forgotten says a lot about the different demographics. Audiences who largely come for cat pictures and political snark don't have to worry about CEOs breaking the 4th wall. I've been a Redditor for 9+ years and I still am one. But today…

> I guess it'd be the instant death of the network.

You think a critical mass of HN users would band together to bring down a social media site because the company participates in censorship?

Re: Reddit's user uprising against China because Tencent will invest in the platform

#84

Are there examples of companies that said “this is enough money” and stopped concentrating on having ever increasing profits every quarter to satisfy VC or stock investors? I think of this a lot lately. It seems companies don’t want to just do what they do well anymore and be satisfied with that. Can someone give me some inspiration? Companies that have such pride in their work that they aren’t constantly looking for…

The way it's been explained to me, a company stock that pays regular dividends is basically the company saying "you investors deserve these profits rather than us trying to reinvest it in the company and grow". An example of the exact opposite would be Amazon, who notoriously almost never makes a profit on paper.

Re: Reddit's user uprising against China because Tencent will invest in the platform

#85

Reddit has long been plagued with censorship. The CEO edited the post of a user because they criticized him or something. I can't believe how quickly that's been forgotten. The Reddit situation reminds me of the post about failing to build a billion dollar company a few days ago. Reddit is trying to make VCs happy and continue to grow the business, but a platform like Reddit is best as a less reliant on growth, but s…

People that won’t let that prank go have no business in any discussion about the platform. It’s a completely disingenuous argument.

Re: Reddit's user uprising against China because Tencent will invest in the platform

#86

Earlier quoted context omitted.

Can you imagine the reaction if a user's post on HN were edited by YC? I guess it'd be the instant death of the network. That this action a) happened on Reddit + b) was mostly/quickly forgotten says a lot about the different demographics. Audiences who largely come for cat pictures and political snark don't have to worry about CEOs breaking the 4th wall. I've been a Redditor for 9+ years and I still am one. But today…

I highly doubt HN would see a drop in activity if a single post was edited. Especially if it’s edited to remove offensive or obviously false content.

What if it was a user insulting a member of ycombinator, and it was edited to leave everything the same except changing the target to a mod? Principles matter, and that level of dishonesty is not acceptable.

Re: Reddit's user uprising against China because Tencent will invest in the platform

#87

Reddit has long been plagued with censorship. The CEO edited the post of a user because they criticized him or something. I can't believe how quickly that's been forgotten. The Reddit situation reminds me of the post about failing to build a billion dollar company a few days ago. Reddit is trying to make VCs happy and continue to grow the business, but a platform like Reddit is best as a less reliant on growth, but s…

I wish Reddit could be run as a non-profit. Its benefit to society is immense.

If this hypothesis where true couldn't you just build a niche Reddit clone that is run as a non-profit. People certainly would switch if it is so much better.

Re: Reddit's user uprising against China because Tencent will invest in the platform

#88

Are there examples of companies that said “this is enough money” and stopped concentrating on having ever increasing profits every quarter to satisfy VC or stock investors? I think of this a lot lately. It seems companies don’t want to just do what they do well anymore and be satisfied with that. Can someone give me some inspiration? Companies that have such pride in their work that they aren’t constantly looking for…

SpaceX?

Re: Reddit's user uprising against China because Tencent will invest in the platform

#89

Are there examples of companies that said “this is enough money” and stopped concentrating on having ever increasing profits every quarter to satisfy VC or stock investors? I think of this a lot lately. It seems companies don’t want to just do what they do well anymore and be satisfied with that. Can someone give me some inspiration? Companies that have such pride in their work that they aren’t constantly looking for…

[deleted]

Re: Reddit's user uprising against China because Tencent will invest in the platform

#90
post #35

Earlier quoted context omitted.

I would care. Deleting a post is one thing and that's fine because it's clear what was done and why, but editing a post surreptitiously is a deliberate attempt to deceive and that's not acceptable.

It was not an attempt to deceive, it was a way of visibly trolling back people who were dumb enough to libel the Reddit CEO on his own website, in extremely offensive ways. And he owned up to it very quickly after it happened.

"Fuck /u/spez" is not libel, and is not even particularly offensive. And yes, he "owned up", but without apologizing.

EDIT: So actually on https://www.reddit.com/comments/5frg1n he did actually say that he was sorry and he wouldn't do it again. That's interesting, because I have a very strong memory of that not being the case. Weird. Either there was an initial acknowledgement that didn't have any sort of apology, or I missed something. I still stand by my minimization of the thing to which he reacted.

Post reply on HN