I'm pretty sure the article is just an attempt at revising history in front of the IPO.
https://www.sec.gov/Archives/edgar/data/1713445/000162828024...
Or it could just be bots.
And it's much easier to hide this problem on a site where the users are anonymous.
Reddit wouldn't be the first company to juice the numbers before an IPO. They've also admitted to taking advantage of fake accounts in the past: https://www.themarysue.com/reddit-fake-account-origins/
Sell me. How do they usually do that? Any concrete example?
You prefer them to create real looking accounts or they start stealing them.
If it gets harder only affects the price.
Its very cleary an IPO strategy is to hire "marketing companies" that are really botnet controllers to create users for your site to make it more attractive to investors. Then leadership gets to play dumb when these "marketing companies" are filling their user roster.
Maintaining plausible deniability is all that's necessary to avoid the legal issues. Add very minimal bot detection just to claim you aren't doing nothing about the problem.
I've stopped using reddit for a lot of reasons. But a big one was that more and more of the content being posted was from fake users. I had an account for ~11/12 years and this was always an issue. But it seemed to really ramp up in 2023. I also started receiving direct messages from bots in 2023. That had never happened before.
This is an anecdotal experience. But there are quite a few users saying the same thing lately: there's a bot problem like there wasn't before.
A whole paragraph for something I figured didn't need expounding.
After the API thing, I stopped using for a few months, converting to Lemmy instead.
Then I got booted from Lemmy for not being communist enough, I started looking at Reddit again maybe once a day.
At first, I was so happy to see a lot of activity on my small subreddits that never had much activity before.
But after a few weeks I realized it's just bots basically rephrasing popular posts from the past. And bots rephrasing responses to those posts.
Where is the next Reddit? I miss it.
not out to defend reddit here, it also feels to be going donwhill to me, but this is not something I've personally experienced on the site yet
I didn't used to see these copy pasted posts regularly at the top of subreddits but it happens frequently now.
They more or less Streisand'd the conspiracy into plausibility by doing so, which is generally a bad idea. That's the reason I included it.
It just doesn't make sense as a business. You don't need a million devs to run a forum site, you need them to add more and more bloat to convince investors you're growing.
All they have done is pushed ads harder. That is all they really have to offer.
It really is a pile of shit compared to what it used to be.
And it is ad-supported. People who have partaken in small PHPbb style forums probably can tell the story - moderation and bandwidth cost time.
That's all, a simple, dumb business model based on advertising and market share, or better: mind share.
The last part is Reddit's moat, no more, no less.
My 2 cents.
https://www.statista.com/forecasts/1309791/reddit-mau-worldw...
You can run an ad on a subway and get more users. That doesn't mean you're doing a good job. The only reason those users have something to see is because of community health.
It's always been that way.
i agree the new version is very busy and buggy on mobile web
Last time I asked someone this question they mentioned some power user stuff that didn't really apply to regular Reddit content consumers / casual posters.
I've seen no evidence that anything they've introduced in the last 10 years has contributed to any of that growth, and my evidence is that just about every feature announced or implemented since then is now either gone or largely ignored by the userbase.
It's very hard to kill a two-sided market when it gets established. Look at Craigslist or Twitter.
An interesting thing about Reddit to me is many people who look at it see strongly offputting things like being overrun by image memes but when you look at it closely there is so much there about so many subjects. From time to time you find those brilliant social media posts that remind me of some of the emails from the Enron Emails data set where people talk about what they did for training in the army. Perhaps that is what keeps people coming back or maybe they are all about the memes.
The fact that people often append "reddit" to their Google queries is a testament to this. Even if they aren't active participants in these niche communities, they know that they are the easiest place to find reasonably reliable information from other humans on them.
If these types of communities stop flourishing on Reddit for any reason, then the site will become much easier to replace by any other generic meme factory.
They considered this around the 3rd party app fiasco and it was clear old Reddit has a few years left because mods allhate the new Reddit UI
I guess they grew in other countries.
Come to think of it that might be a reason why their ban happy, more people you ban who come back looks like a new user signup.
User error.
It's really not hard to not get banned. Site-wide, at least.
I'm pretty active and my account is nearly 13 years old.
https://twitter.com/ndrew_lawrence/status/105039166355267174...
Conservative: I have been censored for my conservative views
Me: Holy shit! You were censored for wanting lower taxes?
Con: LOL no...no not those views
Me: So....deregulation?
Con: Haha no not those views either
Me: Which views, exactly?
Con: Oh, you know the ones
- suggesting that COVID-19 was the result of a lab leak due to not following safety protocols
- Questioning if the full shutdown of schools for a disease which had a relatively low mortality rate in children was the best decisio and if we fully had considered the impacts.
- suggesting that predators could abuse gender self identification laws to gain access to new victims.
- and one satirical posts advocating "let us grill it all in a beautiful nuclear inferno."
It seems though you are suggesting there are only a narrowly defined opinions that are acceptable to hold and that deviations outside of those are so heretical that should not be allowed to exist.
Only admins can ban you site-wide or shadowban you, and I can't imagine expressing any of those opinions being worthy of a site-wide ban from an admin unless you expressed them in an offensive way. ie, for the first opinion, using a slur when referring to the Chinese lab workers, or basically in any way accusing them of poor standards because they're Chinese. Likewise, for the third opinion, I've too often seen transphobia get disguised as concern trolling.
If it's moderators banning you from specific subs...well...that's just shitty moderators. Some of them are extremely power-hungry and ban happy, but they're not employees of reddit, and their actions should not be reflected on reddit as a whole.
Reddit has nothing to offer investors but Paul needs a return so he's trying to make sure someone else ends up holding the bags.
Steve was not a big fan of authority, so he also liked the idea of a site without editors.
and remembered him getting prod database access to censor comments criticizing him. I guess it's true what they say about power corrupting you.But everything is fine, you can just go swap places with any passenger if you want.
Mods editing comments was the most standard behavior on every phpbb/vb board I grew up on.
His edits were clearly edited, clearly jokes, and TBH I found them pretty funny. And people were *outraged* that he had the capacity and the temerity to edit their sacrosanct posts...
I took it as a sign of the changing times
https://arstechnica.com/information-technology/2012/06/reddi...
Just my conspiracy theory of the day
…a.k.a Reddit's "Most-Addicted City" of 2013: https://web.archive.org/web/20160604042751/http://www.reddit...
The "idea" is "make PG even more money", and that's a great idea if you're PG.
To PG's credit, he has an uncanny ability to pluck out relentlessly resourceful founders (self-fulfilling prophecy and all that, notwithstanding) who have greater chances of outsized success. And he's been more right about startups than almost anyone else. When he praises those founders, it often comes off as an exaggeration, but I am convinced he is being thoroughly honest.
"As someone who went through YC and met PG while he was still actively running it, I can tell you that at least in our batch he was 100% spot on about who was going to do well. He had a tendency to spend his free time with the same individuals who ended up doing phenomenally well. It would be easy to be dismissive about this and say something about doubling down on his best investments, etc. But during our batch many of those companies had not yet become the clear cut winners that they are today, and instead only turned into them a year or so down the road."
-u/aerosimle, https://news.ycombinator.com/item?id=25381893There's a causal relationship here, but it's not obvious what direction it points.
TBH the obvious conclusion of the causal relationship seems more likely than what you are implying.
“I would like subreddits to be able to be businesses if they choose,” Huffman said, adding that’s “another conversation, but I think that’s the next frontier of Reddit.”
Edit: here is the story. I changed "he" to "Huffman" since I took the quote out of context of the full story. It's way down almost at the end. https://www.nbcnews.com/tech/tech-news/reddit-protest-blacko...
> If Reddit could grow to the size it had with management that was harmless at best, what could it do if Steve came back? We now know the answer to that question. Or at least a lower bound on the answer. Steve is not out of ideas yet.
Does anybody know what "ideas" he's talking about? When I think back to recent developments at Reddit, all that comes to mind is the 3rd-party app fiasco and the "collectible avatars" and "Moons"/"community points" nobody but crypto speculators wanted anything to do with (and are now dead). Oh, and the death of celebrity AMAs after they fired Victoria.