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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

#861

I actually hate Reddit these days. I've never really been into their various communities/subredits- and on occasion they're really useful spots of information or entertainment. But... Their current "force you into app" (which appears to leave you logged in, able to make account changes, even if you change your password) approach is fucking horrible. Their mobile navigation is broken by design and.... for what? What i…

At least you don't need an email to sign up.

Yes, you do.

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

#862

Earlier quoted context omitted.

> I suspect they will be bigger than Facebook (maybe not in valuation, but usage) in the next 7 years and these problems will only be exacerbated. I only agree with that in the sense that I think Facebook (the facebnook.com site) usage will decline quicker that Reddit usage. As someone who's been on Reddit for almost 9 years, I feel like the redesign is kind of equivalent to the timeline change that Facebook had. Whi…

I'd love to be surprised with a decent competitor but all of the Reddit spin-offs I've seen are all trying to be not-Reddit, and that often includes keeping the community niche/exclusive.

raddle.me - free speech-minded actual leftists allow a clone of r/The_Donald on their site.

Voat? Yeah, they're kinda gross...

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

#863

Earlier quoted context omitted.

There was an attempt a few years ago to do just this. Remember Imzy? If the answer is "no," you're probably not alone; it shut down after only two years of operation. They didn't have any of the problems that we're discussing here, as far as I remember. (Personally, I suspect its extremely weird and confusing UX design was at least part of what did it in; I found its navigation so baffling I gave up pretty quickly.)

If I remember right, you couldn't see any content on Imzy without creating an account. I assume that instantly turned away over 90% of the users. Then, their design was extremely childish, and it looked like a safe place for kids, rather than a site for adults to socialize. I think they did a really poor job at understanding the market, and I'm not surprised they failed. https://i.imgur.com/9uzaciS.png

How are you going to get any traction when after losing 90% of your visitors to that home page's design you lose 99% of the remainder because nobody is going to join for content that may or may not exist, let alone be interesting. That level of disincentivisation ensures that the site's user base will consist of 90% employees of the site, 5% their friends who signed up and never logged in again, and 5% of randoms that love having a captive audience... until it dies.

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

#864

Earlier quoted context omitted.

There's a simple solution - legalize everything and see how it pans out.

You'll just end up with Burning Man.

Probably not. There's an invisible order that underpins burning man - the United States' rule of law. If acts at burning man didn't invite the scrutiny of US Law Enforcement, it'd be a very different place.

'But there are drugs at burning man' - if it were truly a land onto its own, they'd be synthesizing the drugs at burning man.

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

#866
post #90

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…

There are so many more issues with Reddit, I'm surprised they haven't been digg'd or myspace'd yet.

One issue is that reddit is not just one big social space. In addition to the front page and the main subreddits, it made up of many different small, but often quite active communities. People who used to form interest groups on various forums, random fan websites and blogs have moved to interest based subreddits instead. A lot of these communities wouldn't even exist if it wasn't for reddit making it so easy to create a subreddit on any topic possible.

While everyone on Digg or MySpace could easily move to reddit or facebook, it is much harder for a subreddit centered around say gardening, astrophotography, headphones or a tv show to just jump to a new website. I do hope that these communities won't be lost when reddit does end up losing its charm and popularity.

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

#867
post #766

Earlier quoted context omitted.

It's impossible to run an organization at zero capital buffer perpetually (see: even Wikimedia likes to have a capital reserve). That's a great way to end up bankrupt. What you're suggesting is well beyond absurd. When the recession hits how do you plan to buffer the revenue beating you're guaranteed to take? If you had built up a cash reserve, you can absorb some or all of the hit. Where do you plan to get a large a…

> It's impossible to run an organization at zero capital buffer perpetually (see: even Wikimedia likes to have a capital reserve). That's a great way to end up bankrupt. What you're suggesting is well beyond absurd. And yet, Wikimedia is a non-profit. So is Harvard. Non-profit doesn't mean you can't have a capital reserve. It only means you don't pay that capital reserve out to shareholders. > Profit is inherently ne…

> Some of the longest-lasting institutions in the world are non-profit.

Is it just some or is it all? Honest question, the only very long lasting institutions I can think of are not for-profit.

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

#868
post #752

Earlier quoted context omitted.

It's completely possible to have a "modern" page that is also nice to use; it's just that with Reddit modernness and horribleness have been conflated together and it seems like they go together.

Can you cite a few? I'm generally of the same opinion to the comment you replied to but I'm always happy to be wrong.

I don't know what exactly "modern" means here, but I think FastMail, Inoreader, and GitHub should count. All three have been fast and responsive. In particular, switching from Gmail to FastMail was a revelation.

Random aside: I've long been very down on web tech, but those 3 have sort of reinvigorated my interest in web stuff.

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

#869
post #702

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.

I think WPD is genuinely important. There are edgelords, sure. Watching and thinking seriously about what I saw there changed my perspective on life.

I usually can't stand to watch the videos, but the discussions on mortality and the precarious fragility of life in general I've found valuable. Because of that sub I am more careful in many situations and do value life much more.

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

#870
post #637

Earlier quoted context omitted.

Voat is appalling and revels in its terribleness. There has to be something better to migrate to.

The most promising general reddit equivalent I've seen so far is tildes.net. It's the first time I've seen a fork of the reddit model with some actually fresh ideas. However, like all of the hundreds of alternatived, this site is far below the critical mass required to make browsing it regularly worthwhile.

All that it needs is for reddit to commit suicide just like digg chose to.
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