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This article tantalises with the last word of its headline, "undervalued", but never rises to the challenge that word screams out. After an entertaining George

This article tantalises with the last word of its headline, "undervalued", but never rises to the challenge that word screams out. After an entertaining George Carlin introduction, the section "r/Value" says boldy and starkly "$6 billion? That’s it?" Sounds like $6 billion is just chump change compared to the real value of Reddit, right? I can't wait to read more... If you make it to the last section, "r/GalaxyBrain", you come face to face with "The Galaxy Brain moves to take it to the next level" Are you ready to go to the next level? Here it is: "Reddit should make it easy for subreddits to pay-gate their community, sell merchandise (physical and digital), and post jobs." That's it? Did I miss something?

dhagz 6y ago
You missed the bits where Reddit should start trying to occupy the space of other content-hosting sites to generate more ad revenue and harvest more data from users. It comes down to the fact that Reddit isn't really a social media site - it's a link aggregator with the trappings of social media, or a slightly fancier network of forums (fora? fori? I forget the declension...). I think it is perfectly valued, and fits a niche that maybe only Pinterest comes close to filling. If it tries to expand its social media elements, it will be trying to be something it isn't and users will respond accordingly (one would hope).
- Accujack 6y ago
  Reddit's main product at this point is their userbase... information on them, the ability to influence them via echo chambers and censorship, the ability to sell things to them...
- moistbar 6y ago
  >fora? fori? I forget the declension... I think it'd be "fora" in this instance. I'm judging this from the word "medium/media" and I know how many linguistic exceptions Latin had, though, so I'm probably wrong.
  - naniwaduni 6y ago
    In this particular case, we might prefer "fororum", the genitive plural.
    - moistbar 6y ago
      Ah shit, here I go back down the Latin-hole again.

dhagz 6y ago

You missed the bits where Reddit should start trying to occupy the space of other content-hosting sites to generate more ad revenue and harvest more data from users. It comes down to the fact that Reddit isn't really a social media site - it's a link aggregator with the trappings of social media, or a slightly fancier network of forums (fora? fori? I forget the declension...). I think it is perfectly valued, and fits a niche that maybe only Pinterest comes close to filling. If it tries to expand its social media elements, it will be trying to be something it isn't and users will respond accordingly (one would hope).

Accujack 6y ago
Reddit's main product at this point is their userbase... information on them, the ability to influence them via echo chambers and censorship, the ability to sell things to them...
moistbar 6y ago
>fora? fori? I forget the declension... I think it'd be "fora" in this instance. I'm judging this from the word "medium/media" and I know how many linguistic exceptions Latin had, though, so I'm probably wrong.
- naniwaduni 6y ago
  In this particular case, we might prefer "fororum", the genitive plural.
  - moistbar 6y ago
    Ah shit, here I go back down the Latin-hole again.