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Voat.co: “We have begun discussions with more than one venture capitalist firm”

23 points by Mahn 11y ago

ccvannorman 11y ago
i hope the priority of Any new interest will be to change the name. Several times now i've thought, "what the heck was that Reddit competitor called?"
- drunkcatsdgaf 11y ago
  they just changed names this year from whoaverse.
deleted 11y ago
[deleted]
DrNathan100 11y ago
Voat is as close to a Reddit clone as any website I have seen. The format as worked very well for Reddit for these years now but I'm curious to see if Voat will be able to pull it off.
MollyR 11y ago
I'm surprised there aren't more reddit clones making waves. Is there a reason voat.co has been growing so fast ?
- Lavr_Kornilov 11y ago
  Reddit has been going through drama after banning one of its largest hate subreddits and sacking a public facing employee. This has spurred a large number of users to look for other sites.
  - guidedlight 11y ago
    A big factor in Digg's demise was that Reddit was a smaller, scalable competitor that was able to accommodate the influx of users. This time Voat is there but it still isn't a viable alternative; given that it isn't able to scale its technology. If they focus on fixing this, then it's just a matter of time before everyone an incident occurs that decides the grass is greener over there. I'm surprised that community happiness isn't taken more seriously at Reddit. It's their biggest asset, and the whole Digg experience shows that it can be lost so easily.
    - rezistik 11y ago
      As an early evacuee from Digg to Reddit, Reddit wasn't scalable at the time. It was constantly down.
dummy7953 11y ago
"Oh hi Mr. VC, could I interest you in funding a website that specializes in hating fat people?"
- rezistik 11y ago
  Historically it's been very difficult to make social media sites profitable. Did Digg ever make a profit? To my knowledge Reddit is still in the red. There has also been a large rhythmic trend of migrations especially in social. So it's very possible people are ready to move on to Voat, the question is will Voat find a way to make a profit? They've mentioned exploring some interesting profit models, such as paid subscriptions and content sharing. I'd really like to see them make a big push with a reddit gold similar component but in a better way. Essentially patronage for social media or content curation.

23 points by Mahn 11y ago

i hope the priority of Any new interest will be to change the name. Several times now i've thought, "what the heck was that Reddit competitor called?"

drunkcatsdgaf 11y ago
they just changed names this year from whoaverse.

deleted 11y ago

[deleted]

DrNathan100 11y ago

Voat is as close to a Reddit clone as any website I have seen. The format as worked very well for Reddit for these years now but I'm curious to see if Voat will be able to pull it off.

MollyR 11y ago

I'm surprised there aren't more reddit clones making waves. Is there a reason voat.co has been growing so fast ?

Lavr_Kornilov 11y ago
Reddit has been going through drama after banning one of its largest hate subreddits and sacking a public facing employee. This has spurred a large number of users to look for other sites.
- guidedlight 11y ago
  A big factor in Digg's demise was that Reddit was a smaller, scalable competitor that was able to accommodate the influx of users. This time Voat is there but it still isn't a viable alternative; given that it isn't able to scale its technology. If they focus on fixing this, then it's just a matter of time before everyone an incident occurs that decides the grass is greener over there. I'm surprised that community happiness isn't taken more seriously at Reddit. It's their biggest asset, and the whole Digg experience shows that it can be lost so easily.
  - rezistik 11y ago
    As an early evacuee from Digg to Reddit, Reddit wasn't scalable at the time. It was constantly down.

dummy7953 11y ago

"Oh hi Mr. VC, could I interest you in funding a website that specializes in hating fat people?"

rezistik 11y ago
Historically it's been very difficult to make social media sites profitable. Did Digg ever make a profit? To my knowledge Reddit is still in the red. There has also been a large rhythmic trend of migrations especially in social. So it's very possible people are ready to move on to Voat, the question is will Voat find a way to make a profit? They've mentioned exploring some interesting profit models, such as paid subscriptions and content sharing. I'd really like to see them make a big push with a reddit gold similar component but in a better way. Essentially patronage for social media or content curation.