Reddit raises $200M at a $1.8B valuation

Re:Reddit raises $200M at a $1.8B valuation by taurath on Monday July 31, 2017 @10:47PM (#14897561)

And many many users will leave, as they did with Digg. It's too large and lowest common denominator already, and a major redesign will be the impetus for a brain drain as all users will have a shared gripe. HN is a very likely spillover target, and already is for a lot of the programmer focused discussion that used to be Reddits core user base. I've watched so many communities die from monetization, the cycle really writes itself.

Eventually even HN will get too bloated and need to fracture.

[ Parent | on HN ]

Re:Reddit raises $200M at a $1.8B valuation by visarga on Tuesday August 01, 2017 @12:24AM (#14897859)

I used to use 99% reddit, now it's 50% HN, 50% reddit. Reddit is too full of crap, except for specific subreddits.

[ Parent | on HN ]

Re:Reddit raises $200M at a $1.8B valuation by glenstein on Tuesday August 01, 2017 @12:47AM (#14897943)

I definitely think there is a risk. However, reddit is much larger now than Digg was then. And reddit existed as a clear alternative to Digg at the time of the redesign.

I think there's a very real risk of a redesign going wrong, but it may be large enough and better enough than alternatives to weather the storm.

[ Parent | on HN ]

Re:Reddit raises $200M at a $1.8B valuation by taurath on Tuesday August 01, 2017 @08:48PM (#14906916)

"Better enough" is a funny thing when it comes to redesigns, because all the previous routes to value that are ingrained into your brain are now gone, or look funny/different. Thats why I predict a brain drain as people pick up and realize it really doesn't do much for them anymore.

[ Parent | on HN ]