How Reddit’s IPO Compares Historically \ stacker news ~charts_and

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2099 sats \ 17 comments \ @oliverweiss 28 Mar charts_and_numbers

https://m.stacker.news/23524

Quite impressive! I have never found Reddit particularly interesting, deleted account after a while. What’s going on there? Who is using it?

Bonus charts:

https://m.stacker.news/23526 https://m.stacker.news/23525

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41 sats \ 2 replies \ @StillStackinAfterAllTheseYears 28 Mar

I still use Reddit for some stuff (pick any tv show or weird niche interest or piece of technology you might want support on, or even bigger things like pro wrestling that don't currently have a place in SN, for example), but it's gone way downhill as a service. They offered most users (myself included) the chance to get in on the IPO, and I suppose I could (and maybe should) have done that and flipped the stock, but I didn't want to be a part of the hype cycle.

I'm pretty sure the price will settle down heavily.

21 sats \ 1 reply \ @oliverweiss OP 28 Mar

Thanks for explaining. What was this “chance to get in on the IPO” about?

31 sats \ 0 replies \ @StillStackinAfterAllTheseYears 28 Mar

Basically, Reddit users over a certain threshhold of karma (from posts/comments) were allowed to purchase up to a certain amount of the IPO stock, just like the big businesses were able to (though with a smaller limit). It's actually not a terrible idea (since Reddit's value was built on the users), but also helped create extra artificial demand.

42 sats \ 1 reply \ @k00b 28 Mar

Nikita, my favorite viral social media founder/troll, shared some surprising reddit growth charts:

https://m.stacker.news/23570	https://m.stacker.news/23571	https://m.stacker.news/23572

0 sats \ 0 replies \ @oliverweiss OP 28 Mar

Very nice numbers!

42 sats \ 1 reply \ @Coinsreporter 28 Mar

This is hype! Beware! Reddit has managed to manipulate or adjust the market value which they don't really have.

0 sats \ 0 replies \ @oliverweiss OP 28 Mar

Sure, I am not going to touch it :)

42 sats \ 2 replies \ @Bell_curve 28 Mar

Reddit peaked in 2012 or earlier

The comments are worse than ever.

One example: don’t use a realtor, use a lawyer instead to sell a house

This comment received the most up votes in a thread about selling a house

Easier said than done

10 sats \ 0 replies \ @nichro 28 Mar

Facts. Everytime im searching stuff and land in a reddit thread and the comments are high quality, detailed, mature, actually funny and not some shitty pun and THANKS FOR redditGOLD KIND STRANGER, i go and notice the date posted...

Its always like "13y ago"

10 sats \ 0 replies \ @oliverweiss OP 28 Mar

Thanks for the insight.

21 sats \ 0 replies \ @guts 29 Mar

Just yesterday they banned my 13 year old account, I'm sure by error and they did not grant my appeal, Reddit is on Eternal September anyways.

21 sats \ 1 reply \ @gojira9000 28 Mar

Reddit was far better years ago and felt like a fun site for free speech of all kinds. Now it's a cesspool unless you firmly subscribe to leftist ideology.

0 sats \ 0 replies \ @guts 12 Nov

It really was when it was a small site.

83 sats \ 3 replies \ @Fabs 28 Mar

Reddit's a fucking dumpster-fire user-wise.

0 sats \ 2 replies \ @oliverweiss OP 28 Mar

Still, it is in the top8 of the global traffic to websites. So must be very popular.

22 sats \ 1 reply \ @Fabs 28 Mar freebie

Popular indeed, however that doesn't change a thing in regards to the point I was going after: the average Reddit-user is a prick at best (IMHO).