Reddit valued at $6B on a $250M round

Re:Reddit valued at $6B on a $250M round by dharmab on Tuesday February 09, 2021 @11:31AM (#26079410)

I noticed a cycle with headphones on Reddit:

  - A headphone is released which is not flawless, but offers great value.
  - The headphone is recommended on Reddit.
  - Demand for the headphone goes up.
  - The price of the headphone increases.
  - The headphone is no longer a good value, but is still recommended.
  - This continues until either a well-reputed user points out the poor value or a new headphone with great value is released.

[ Parent | on HN ]

Re:Reddit valued at $6B on a $250M round by nmfisher on Wednesday February 10, 2021 @12:36AM (#26086015)

> - The headphone is recommended on Reddit.

This is not a coincidence, I'm guessing Reddit is around 1/3 astroturfing to 2/3 legitimate discussion. I don't fault people for doing it, but I'm not going to pretend that Reddit is some pristine haven for genuine reviews.

HN is just as exploitable, but at least the ratio of informative content is higher, and the concerted marketing efforts are better disguised.

[ Parent | on HN ]