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What if they bought HN? Then throwing money at the problem would probably be a good thing for them.
by securitytheater 15y ago
What if they bought HN? Then throwing money at the problem would probably be a good thing for them.
- geuis 15y agoHow do you "buy" HN? HN is a community-driven site and long-running experiment. I suppose YC could sell the domain name, but the community would just evaporate and move elsewhere over night.
- kmfrk 15y agoLike Conde Nast bought reddit?
- freehunter 15y agoAnd saw no return, put next to no effort into improvements, and later spun them back into the wild. And in the meantime, reddit's community was completely unaffected by the changing of hands.
- suking 15y agoReddit could make a fortune - they just don't try very hard. We'll see what the next CEO does. But if profit was a concern for Conde Nast it wouldn't be hard to deliver it.
- drx 15y agoReddit is now worth at least ten times as much as when it was acquired.
- freehunter 15y agoTrue, but this wasn't the doing of Conde Nast, nor did Conde Nast see this 10x increase when they pushed reddit out on its own. Reddit's growth was organic. Last I heard, CN still owns reddit even though the site now operates independently, so CN still has the chance to recoup their investment, but this will take a more profitable business model without sacrificing user trust. Valuations on sheer page hits or user counts are faulty with a capital F U if you can't figure out how to make money from them.
- mburns 15y agoIt doesn't matter if it was Conde Nast's doing. They made an investment in a new media property, and it has seemingly gone splendidly with little to no 'fallout' from having a corporate overlord owning a community site.
- benatkin 15y agoIt's ludicrous, but technically possible, and amusing to think about. Thank you for suggesting that.