• 1 Post
  • 17 Comments
Joined 1 year ago
cake
Cake day: May 31st, 2023

help-circle






  • Disturbingly, there is really no way to know who actually owns a private company like Reddit. Once it goes public, then the owners will be the shareholders (and in reality, the owners are the major shareholders who have a controlling stake).

    The only clue to the current ownership is whatever management wishes to disclose. Spez wrote a blog post in 2021 indicating that they issued $250M in “series E funding” to existing and new investors.

    If there are any finance bros around here, they may be able to dig up some sort of disclosures from bond auctions to try and see who bought it.

    The only confirmed investor I know about is Tencent. They invested in 2019. Its possible they were also some of the “existing investors” Spez referred to in 2021.

    Bottom line: nobody knows who owns Reddit. But apparently the owners think this guy Spez is a good fit to run their company, somehow.







  • patchymoose@beehaw.orgtoJerboa@lemmy.mlJerboa 0.0.33-alpha
    link
    fedilink
    arrow-up
    33
    arrow-down
    1
    ·
    1 year ago

    I’m not even joking when I say that this app, despite being in alpha, is a more pleasant experience than the official Reddit app.

    • Jerboa has not begged me to turn on notifications
    • Jerboa has not yelled at me for taking a screenshot or begged me to send it as a link to the site instead
    • Jerboa has not warned me that I am “low on coins”
    • Jerboa has not tried to make me create an NFT avatar
    • Jerboa contains more formatting options in comments than the Reddit app (!)
    • Jerboa is smart enough to autopopulate the link title when I highlight text to be converted to a link. Reddit app still lacks this feature (!)

  • Wow, that’s an incredible feature.

    As an aside, do you know if they actually get paid more if you watch those types of ads? How do they know that you watched it?

    There is one channel in particular that I watch, and I just get tired of hearing about Nord VPN on every single video. I’ve heard the pitch. I don’t need a VPN.


  • My pet peeve is when people take time during their video to put in an ad that is part of the video itself, so it’s not skippable like traditional Youtube ads. You have to use the seeker to fast forward past the ad.

    I have YT premium (we get it with our cell phone plan), so I’m even paying these people for the videos, yet am still being served ads. I wish YouTube would institute a policy against it.



  • One of the really positive things about this Reddit situation is that I’ve learned a lot about the community of passionate third party developers out there. I’ve never used Red Reader, but if he’s able to keep it going with Reddit, and slowly but surely introduce users to Lemmy within its UI, then that’s basically optimal. Half the battle of Lemmy is the sign up friction. If you can sign people up within their existing Reddit app, that’s ideal.