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>For some insane reason they're competing with Instagram and Reddit's management is driving the site as a business, which means doing things for the purpose of
by Accujack 7y ago
>For some insane reason they're competing with Instagram and
Reddit's management is driving the site as a business, which means doing things for the purpose of maximizing revenue according to the perception of what's "successful". Facebook is evil but successful at it, Instagram is (was) successful.
The path they see to making money is to try to become the next XXXX, where XXXX is the "successful" social media site of the month.
Reddit was originally driven by user need and the desire for functionality, and innovation and working with the user community helped it grow. Not so anymore.
Ultimately, someone/something has to pay for the resources such a site uses, and finding a working profit model that can keep businesses like Reddit functioning is not easy.
Reddit is a zombie at this point - there's no solid alternative to it, despite what some people seem to think, so there's nowhere for people to go. Once there's another option, Reddit is going to rather quickly become a ghost town.
- acoard 7y ago>Once there's another option, Reddit is going to rather quickly become a ghost town. One can hope, but if Reddit really is taking their lessons from FB then they'll buy up the nascent competition and strangle the market.
- brokenmachine 7y agoDoes Reddit have money to buy all the competition? I remember reading a while back that they didn't have a real way to make money. The redesign seemed to me a lot like a last gasp to snag some ad money, but old.reddit.com has been available for quite a while now so that may not be true.