Right but the difference is Reddit is now charging an extortionate amount for data access via the API when compared to other platforms.
What do you think this (if achieved what was hoped) massive new flow of income was supposed to help sustain?
Oh yeah, infrastructure costs.
No need to be quite so condescending is there?
I fully understand how they work.
Seems like this growth they should be trying to achieve is fucking futile when they:
cut off the apps that a portion of their most active users use
prevent helpful bots (automod etc.) working correctly or being financially viable due to API changes
shuttered an award system that helped maintain engagement via vain dopamine acquisition and actively made them money with no replacement in sight other than some data mined financial incentive program which will lead to a lack of genuine discussion
spat in the face of their largely volunteer moderation community who volunteer their time for free to help keep things smooth
delete the content histories of their users when it isn’t publicly facing. Users give content to platform, that’s how Reddit exists, to remove DMs from users it makes it very apparent they’re content pigs and nothing more. Can’t have a transactional platform (content to profit) if the content doesn’t feel any incentive to use the platform.
Not to mention, infrastructure costs lead to growth.
If you don’t have the resources to support your current platform, you shouldn’t be actively trying to grow the platform by discarding older content. It makes those accessing and making use of the content (be it individual or institutional) lose trust in the quality of data.
He means the business model they’re going for with the IPO.
Growth means the value of the company. The shares. The stockholders getting dividends. It has fuck all to with user experience, or even user growth. It’s about manipulating information and using clever accounting to get investors to give you money.
The company is worth fuck all if their sole “money generation” process is via user data and authentic conversation.
Users ARE Reddit.
No content, no value.
No value? No dividends.
How much data are you storing and how much do you think reddit is?
deleted by creator
Right but the difference is Reddit is now charging an extortionate amount for data access via the API when compared to other platforms.
What do you think this (if achieved what was hoped) massive new flow of income was supposed to help sustain?
Oh yeah, infrastructure costs.
deleted by creator
No need to be quite so condescending is there?
I fully understand how they work.
Seems like this growth they should be trying to achieve is fucking futile when they:
Not to mention, infrastructure costs lead to growth.
If you don’t have the resources to support your current platform, you shouldn’t be actively trying to grow the platform by discarding older content. It makes those accessing and making use of the content (be it individual or institutional) lose trust in the quality of data.
Great growth strategy that.
deleted by creator
He means the business model they’re going for with the IPO.
Growth means the value of the company. The shares. The stockholders getting dividends. It has fuck all to with user experience, or even user growth. It’s about manipulating information and using clever accounting to get investors to give you money.
The company is worth fuck all if their sole “money generation” process is via user data and authentic conversation.
Users ARE Reddit.
No content, no value.
No value? No dividends.