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A comment on Reddit raises $410M in new funding. Parent comment

Re:Reddit raises $410M in new funding by majormajor on Thursday August 12, 2021 @11:25AM (#28157503)
The cost is fascinating. Is the value of a single place for all these conversations that much higher than having a bunch of independent forums scattered across the web? For users, there's a high discovery value... but at the cost of apparently far more expense running the site than has been able to be recouped yet.

Curious to see that even where centralization hasn't financially paid off, people are willing to keep tossing money at the dream of it paying off one day after 16 years.

[ Parent | on HN ]
Re:Reddit raises $410M in new funding by zozbot234 on Thursday August 12, 2021 @11:56AM (#28157892)
> Is the value of a single place for all these conversations that much higher than having a bunch of independent forums scattered across the web?

The problem with "independent forums scattered across the web" is that they make discovery (of users and service instances) harder. There are ways around this, like the Fediverse and SOLID standards, but most bulletin-board-like forums do not support them as of yet out of the box.

[ Parent | on HN ]
Re:Reddit raises $410M in new funding by RosanaAnaDana on Thursday August 12, 2021 @10:17PM (#28164559)
Reddit should just shift to a paid model where there are no adds across the entire site and the subs you sub to get a portion of your revenue to manage the sub.
[ Parent | on HN ]