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According to kn0thing, it's a shame, "but so it goes". And then there's the implication that they're all sitting back and enjoying popcorn while Reddit consumes

According to kn0thing, it's a shame, "but so it goes". And then there's the implication that they're all sitting back and enjoying popcorn while Reddit consumes itself. http://www.reddit.com/r/SubredditDrama/comments/3bwgjf/riama_set_to_private_over_mod_firing/csqg24d?context=3 http://www.reddit.com/r/SubredditDrama/comments/3bwgjf/riama...

calbear81 11y ago
I think it's more like a "haters gonna hate" type of comment. Whatever kn0thing says, it won't be good enough to placate the masses with their pitchforks so the best thing to do is sit back and wait till it all blows over. Generally, reddit has very short term institutional memory, by next week new users and admins will be like "Victoria who?!"
- MBCook 11y ago
  Seems very tone deaf. He had to know saying something like that would only stoke things more.
- drspacemonkey 11y ago
  Didn't people say similar things about Digg's short-term collective memory right before their ... "mishap"?
  - sanswork 11y ago
    I'd say people who think Diggs change was anything similar to the current reddit changes has a very short memory.
    - drspacemonkey 11y ago
      Nature of the changes != collective memory span of the community.
      - sanswork 11y ago
        Nature of the changes is what made Diggs mishap matter. The attention span didn't matter because people were gone before they stopped caring.
AUmrysh 11y ago
What's really sad is that reddit and Alexis were, arguably, the most successful Y-Combinator startup, and now they've fallen by the wayside as cronyism and personal agendas take over. Alexis let this happen, though. Not that I blame him, I'd have taken the money too.
- calbear81 11y ago
  I'm not sure by which objective measure that would be true besides potentially being the most visited by consumers and having the most cultural-currency. From a business perspective, they are far from being the most successful and I'm guessing the last round of funding came with quite a bit of goals that needed to be met including getting the community under control and sanitizing it for mainstream America.
- adventured 11y ago
  By far and away, Airbnb is the most successful Y-Combinator startup. It's not a close race between Reddit and Airbnb. After that is Dropbox and Stripe perhaps. I don't think Reddit ever quite stacked up to these types of companies in terms of potential. Reddit is a link-aggregator, the very definition of a poor business opportunity (they don't own anything, and hardly control anything on their own site). Airbnb is carrying a $25 billion valuation, and has a legitimate shot at justifying it in the coming years. They own their segment like an eBay or Uber, their network effect has won. Was Reddit once the top start-up out of Y-Combinator, years ago? I'm skeptical of that having ever been true as well.
  - dfischer 11y ago
    Heroku?
    - brobinson 11y ago
      Heroku was acquired for $212mm. Not even close to the valuation of AirBNB.
  - edanm 11y ago
    Reddit was part of the first batch of YC and was sold for a large amount for Conde Nast, so it makes sense that at that point in time they were the most successful. Although they're really really really not by today's standards, as you point out.
go1dfish 11y ago
I'm sure someone from reddit is reading this on it's old second cousin. Enjoy my special occasion popcorn /u/kn0thing http://i.imgur.com/6qa9K4R.jpg http://i.imgur.com/6qa9K4R.jpg https://www.youtube.com/watch?v=5rZ8f3Bx6Po https://www.youtube.com/watch?v=5rZ8f3Bx6Po 10 years of reddit. Funny that 10 years of reddit gold is equivalent to 1 hour of Pao's $600/hour rate. That was before she was CEO. http://www.pbs.org/newshour/rundown/reddit-ceo-ellen-pao-bans-salary-negotiations/ http://www.pbs.org/newshour/rundown/reddit-ceo-ellen-pao-ban...

calbear81 11y ago

I think it's more like a "haters gonna hate" type of comment. Whatever kn0thing says, it won't be good enough to placate the masses with their pitchforks so the best thing to do is sit back and wait till it all blows over. Generally, reddit has very short term institutional memory, by next week new users and admins will be like "Victoria who?!"

MBCook 11y ago
Seems very tone deaf. He had to know saying something like that would only stoke things more.
drspacemonkey 11y ago
Didn't people say similar things about Digg's short-term collective memory right before their ... "mishap"?
- sanswork 11y ago
  I'd say people who think Diggs change was anything similar to the current reddit changes has a very short memory.
  - drspacemonkey 11y ago
    Nature of the changes != collective memory span of the community.
    - sanswork 11y ago
      Nature of the changes is what made Diggs mishap matter. The attention span didn't matter because people were gone before they stopped caring.

AUmrysh 11y ago

What's really sad is that reddit and Alexis were, arguably, the most successful Y-Combinator startup, and now they've fallen by the wayside as cronyism and personal agendas take over. Alexis let this happen, though. Not that I blame him, I'd have taken the money too.

calbear81 11y ago
I'm not sure by which objective measure that would be true besides potentially being the most visited by consumers and having the most cultural-currency. From a business perspective, they are far from being the most successful and I'm guessing the last round of funding came with quite a bit of goals that needed to be met including getting the community under control and sanitizing it for mainstream America.
adventured 11y ago
By far and away, Airbnb is the most successful Y-Combinator startup. It's not a close race between Reddit and Airbnb. After that is Dropbox and Stripe perhaps. I don't think Reddit ever quite stacked up to these types of companies in terms of potential. Reddit is a link-aggregator, the very definition of a poor business opportunity (they don't own anything, and hardly control anything on their own site). Airbnb is carrying a $25 billion valuation, and has a legitimate shot at justifying it in the coming years. They own their segment like an eBay or Uber, their network effect has won. Was Reddit once the top start-up out of Y-Combinator, years ago? I'm skeptical of that having ever been true as well.
- dfischer 11y ago
  Heroku?
  - brobinson 11y ago
    Heroku was acquired for $212mm. Not even close to the valuation of AirBNB.
- edanm 11y ago
  Reddit was part of the first batch of YC and was sold for a large amount for Conde Nast, so it makes sense that at that point in time they were the most successful. Although they're really really really not by today's standards, as you point out.

go1dfish 11y ago

I'm sure someone from reddit is reading this on it's old second cousin. Enjoy my special occasion popcorn /u/kn0thing http://i.imgur.com/6qa9K4R.jpg http://i.imgur.com/6qa9K4R.jpg https://www.youtube.com/watch?v=5rZ8f3Bx6Po https://www.youtube.com/watch?v=5rZ8f3Bx6Po 10 years of reddit. Funny that 10 years of reddit gold is equivalent to 1 hour of Pao's $600/hour rate. That was before she was CEO. http://www.pbs.org/newshour/rundown/reddit-ceo-ellen-pao-bans-salary-negotiations/ http://www.pbs.org/newshour/rundown/reddit-ceo-ellen-pao-ban...