Re:Reddit files to go public
by thinkingemote on Thursday December 16, 2021 @03:39AM
(#29576289)
It's the early adopters that move, not the masses that eventually follow a few years later. It's a small community that shapes crowds.
Re:Reddit files to go public
by skinnymuch on Thursday December 16, 2021 @12:08PM
(#29580570)
My best argument to this that I would gladly be proven wrong so I don’t look silly being wrong. Is there any example in the past ~7 years, even ~10 years of any major cultural user content sites that had precedence like Digg, losing influence the way Digg and other contemporaries did?
The only examples that I can think of is Tumblr.
If there’s so many examples before 10 years ago. And maybe 1 example in recent times. Your point can still stand. However it also doesn’t mean much when the resilience of web giants are totally different between the Digg Web time and after that
Re:Reddit files to go public
by thinkingemote on Thursday December 16, 2021 @12:20PM
(#29580759)
Yeah I think also that we underestimate these massive sites by thinking they have not learned from Digg etc.
Reddit has banned a number of subreddits too. With hundreds of thousands of active members. None of this curbs its popularity. And not everything they ban is problematic like inappropriate non consensual sexual posts or aggressive bigotry.
Reddit gains more users than all of Digg had at its peak at least twice a year or so. If it’s growing at 20% year over year
Digg peaked at 30M monthly users.
A few social network site numbers from a year ago[0]:
“Reddit revealed that it now has 52 million daily users, and the number appears to be growing quickly. Reddit told The Wall Street Journal that daily usage grew 44 percent year over year for October” “Twitter has 187 million daily users, Snap has 249 million, and Facebook has 1.82 billion”
These are daily. Not monthly like Digg. For monthly, Reddit is nearing 500M.
[0] https://www.theverge.com/2020/12/1/21754984/reddit-dau-daily...