Reddit: One of social media's oldest companies is also its most undervalued

Re:Reddit: One of social media's oldest companies is also it... by olivierestsage on Tuesday February 23, 2021 @06:06AM (#26235950)

It's hard not to sense that Reddit's at the beginning of a (very long, slow) decline in relevance. Almost every day I see some comment by an "ex-Redditor," "Reddit refugee," etc. on HN and similar sites. Obviously this is not representative of The General Public, but it might be an indicator of where they're going.

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Re:Reddit: One of social media's oldest companies is also it... by dageshi on Tuesday February 23, 2021 @09:45AM (#26237850)

I run a small niche regional subreddit and I can tell you it is greatly more popular and active today than it was for the past 5+ years of its life. Through no action of my own, reddit is simply doing a better job of driving people who would be interested in it to the sub.

HN always moans about reddit, they've moaned about it for near a decade at this point, it still just grows bigger.

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Re:Reddit: One of social media's oldest companies is also it... by elicash on Tuesday February 23, 2021 @09:29AM (#26237628)

When some people leave, the community improves and the site gets more popular as a result.

Now, are those the people you're talking about? No idea, I haven't seen who you're referring to and it'd be case-by-case. But point being, the existence of "ex-Redditors" isn't necessarily a bad thing.

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Re:Reddit: One of social media's oldest companies is also it... by hoseja on Tuesday February 23, 2021 @06:12AM (#26235985)

I think they really want to turn it into more of a Pinterest and get rid of the opinionated techie.

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Re:Reddit: One of social media's oldest companies is also it... by optimalsolver on Tuesday February 23, 2021 @07:40AM (#26236609)

According to Alexa, Reddit gets more visitors than Wikipedia. I doubt they're going anywhere.

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Re:Reddit: One of social media's oldest companies is also it... by tester34 on Tuesday February 23, 2021 @06:57AM (#26236275)

For every HNer that "leaves" Reddit there's probably hundreds of thousands people that just found about this site, they probably come from non-US.

but I think they'd decline hard if they turned off old.reddit e.g now.

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Re:Reddit: One of social media's oldest companies is also it... by larvaetron on Tuesday February 23, 2021 @11:58AM (#26239636)

> Almost every day I see some comment by an "ex-Redditor," "Reddit refugee," etc. on HN and similar sites.

I wonder if this has anything to do with the "downvoting comments I don't like" phenomenon that seems to have taken over HN these past few years.

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Re:Reddit: One of social media's oldest companies is also it... by johannes1234321 on Tuesday February 23, 2021 @07:15AM (#26236412)

Some loud people will always leave, but reddit just this months got a lot of free ads (gamestop) which certainly will counter the leavers.

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Re:Reddit: One of social media's oldest companies is also it... by DoreenMichele on Tuesday February 23, 2021 @08:08AM (#26236819)

Yes. Beware the "vocal minority" and the tendency for their behavior to badly distort the signal to noise ratio and potentially even make it look like the opposite of what it really is.

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Re:Reddit: One of social media's oldest companies is also it... by sadgrip on Tuesday February 23, 2021 @04:42PM (#26243285)

I think in the case of Reddit though that vocal minority could account for some non negligible amount of the content the site relies on. The site needs its power users or it has nothing to deliver to the casual user.

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Re:Reddit: One of social media's oldest companies is also it... by DoreenMichele on Tuesday February 23, 2021 @06:04PM (#26244217)

I am spending more time on Reddit these days, not less. I'm spending less time on HN.

I own quite a few subreddits. Maybe I'm a future power user.

The old guard typically dies before the new generation can thrive. Until they leave they tend to actively gatekeep keep potential competitors out.

I am fine with hearing "Maybe you will finally get to build your own garden, at last, Doreen." God knows the past decade has been pure shit for my online social life, which stands in stark contrast to when I routinely had real friends online, met them in person, got meaningful help with my health issues, with raising and educating my kids, etc etc.

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