Re:How Billion Dollar Marketplaces Are Built
by coder1001 on Sunday January 05, 2020 @03:46PM
(#21963959)
Can you say online communities (e.g. Reddit) are like marketplaces?
[ Parent
| on HN ]
Re:How Billion Dollar Marketplaces Are Built
by crazygringo on Sunday January 05, 2020 @07:48PM
(#21965496)
A marketplace by definition has to be a "market", e.g. have some form of prices and supply/demand. The currency doesn't have to be dollars -- it can be an imaginary videogame currency, for example -- but there has to be one.
So no, Reddit isn't a marketplace, any more than a library or editorial magazine or "letters to the editor" are marketplaces (which they aren't). Upvotes aren't currency -- you can't buy and sell them.
Re:How Billion Dollar Marketplaces Are Built
by TeMPOraL on Sunday January 05, 2020 @06:48PM
(#21965148)
After a fashion. The "buying" party would be the readers, and the "selling" party would be... the rest of the Internet. The twist here is that some of the "sellers" don't know their content is being posted. But many do, which makes clickbait and marketing in general an example of the scammer problem that afflicts regular marketplaces.
Re:How Billion Dollar Marketplaces Are Built
by monkeydust on Sunday January 05, 2020 @03:55PM
(#21964015)
Would say no as their is no economic transfer on Reddit... Yet anyway.
Re:How Billion Dollar Marketplaces Are Built
by Scoundreller on Sunday January 05, 2020 @04:10PM
(#21964123)
But they sure do drive a lot of economic transfer one way or another.
You can post all of your retirement investments there and actually get pretty good advice in a lot of parts.
That’s bad for a lot of « no-fee » financial planners.
Just for example.
Re:How Billion Dollar Marketplaces Are Built
by coder1001 on Sunday January 05, 2020 @03:57PM
(#21964031)
I should have added, similar in what it takes to get them started?
Re:How Billion Dollar Marketplaces Are Built
by ww520 on Sunday January 05, 2020 @10:46PM
(#21966272)
It might fit. It's the buying and selling influence. Mod accounts being bought and subs being taken over.
Re:How Billion Dollar Marketplaces Are Built
by stanislavb on Sunday January 05, 2020 @04:12PM
(#21964138)
I've been told that it isn't a marketplace unless there's a financial transaction facilitated by it. However, I don't agree.