3 ms·

I wonder if they'll still do this once Reddit IPOs

sircastor 3y ago
Only if the film industry can figure out how to tank Reddit's stock price when it doesn't. It's a misalignment of incentives. Unless Reddit is exclusively associated with piracy and bad actors, most advertisers will probably ignore the bad press* and keep giving them money. * I'm not even sure it'd be bad press. Internet users aren't overly fond of film companies and we're talking about a meme factory against the people who said "You wouldn't download a car."
- EasyMark 3y ago
  What are they gonna do, put out ads "Reddit has pirates on it!", that will only make it more popular.
- hdanirwin 3y ago
  There are so many more disturbing things on Reddit than piracy If those don’t deter advertisers I can’t imagine piracy would.
Sunspark 3y ago
Once they're public, everything is going to change. At that point it becomes "building value for the shareholder" and "minimizing risk for the shareholder". Except in this case, users are the product, and if you ruin the experience for the user then you've ruined your own product, thus defeating the shareholder. The only thing Reddit offers is a user community on a mega-forum.
- declaredapple 3y ago
  > At that point it becomes "building value for the shareholder" and "minimizing risk for the shareholder". Generally people refer to this as Enshittification > if you ruin the experience for the user then you've ruined your own product, thus defeating the shareholder. Enshittification is literally the opposite of this.
- hightrix 3y ago
  > At that point it becomes "building value for the shareholder" and "minimizing risk for the shareholder". Reddit has been on this path for years. Almost every recent change, when viewed through this lens, makes much more sense.
TheCaptain4815 3y ago
Is this the first major public forum to go public?
- duskwuff 3y ago
  Maybe if you define "forum" in a way which excludes social media sites like Facebook, but that feels like an artificial distinction.
  - EasyMark 3y ago
    It really does, there are facebook groups that have 80% of the functionality of reddit on specific topics, much like reddit, with discussions like reddit, and sharing media, just like reddit.
rychco 3y ago
I'm firmly of the belief that all users should wipe their post/comment history & delete their accounts before this happens. User-content is what provides reddit their value, but once they go public it's (almost) guaranteed to become steadily worse & less useful as shareholders squeeze the life out of it.

Only if the film industry can figure out how to tank Reddit's stock price when it doesn't. It's a misalignment of incentives. Unless Reddit is exclusively associated with piracy and bad actors, most advertisers will probably ignore the bad press* and keep giving them money. * I'm not even sure it'd be bad press. Internet users aren't overly fond of film companies and we're talking about a meme factory against the people who said "You wouldn't download a car."

EasyMark 3y ago
What are they gonna do, put out ads "Reddit has pirates on it!", that will only make it more popular.
hdanirwin 3y ago
There are so many more disturbing things on Reddit than piracy If those don’t deter advertisers I can’t imagine piracy would.

Sunspark 3y ago

Once they're public, everything is going to change. At that point it becomes "building value for the shareholder" and "minimizing risk for the shareholder". Except in this case, users are the product, and if you ruin the experience for the user then you've ruined your own product, thus defeating the shareholder. The only thing Reddit offers is a user community on a mega-forum.

declaredapple 3y ago
> At that point it becomes "building value for the shareholder" and "minimizing risk for the shareholder". Generally people refer to this as Enshittification > if you ruin the experience for the user then you've ruined your own product, thus defeating the shareholder. Enshittification is literally the opposite of this.
hightrix 3y ago
> At that point it becomes "building value for the shareholder" and "minimizing risk for the shareholder". Reddit has been on this path for years. Almost every recent change, when viewed through this lens, makes much more sense.

TheCaptain4815 3y ago

Is this the first major public forum to go public?

duskwuff 3y ago
Maybe if you define "forum" in a way which excludes social media sites like Facebook, but that feels like an artificial distinction.
- EasyMark 3y ago
  It really does, there are facebook groups that have 80% of the functionality of reddit on specific topics, much like reddit, with discussions like reddit, and sharing media, just like reddit.

rychco 3y ago

I'm firmly of the belief that all users should wipe their post/comment history & delete their accounts before this happens. User-content is what provides reddit their value, but once they go public it's (almost) guaranteed to become steadily worse & less useful as shareholders squeeze the life out of it.