It's really bizarre that the 7th most popular site on the web* is such a messy/broken business. They probably do need $200 million dollars to fix it. But that's an insane amount of money and the increased spending is just going to make it harder to get to profitability. Especially when there are some major frictions: video v text, mobile v desktop, new users v old users. It's not necessarily bad for Reddit to make some big bold moves, but it's crazy risky for them to do so without a clear strategy & vision, which it really doesn't seem like they have right now. When the community starts moving elsewhere**, it's all over.
Omg wow this is a horrible idea:
The company is literally re-writing all of its code, some of which is more than a decade old. An early version of the new design, which we saw during our interview, looks similar to Facebook’s News Feed or Twitter’s Timeline: A never-ending feed of content broken up into “cards” with more visuals to lure people into the conversations hidden underneath.
It's really bizarre that the 7th most popular site on the web* is such a messy/broken business. They probably do need $200 million dollars to fix it. But that's an insane amount of money and the increased spending is just going to make it harder to get to profitability. Especially when there are some major frictions: video v text, mobile v desktop, new users v old users. It's not necessarily bad for Reddit to make some big bold moves, but it's crazy risky for them to do so without a clear strategy & vision, which it really doesn't seem like they have right now. When the community starts moving elsewhere**, it's all over.
Omg wow this is a horrible idea:
*source: https://en.wikipedia.org/wiki/List_of_most_popular_websites **for example, to places like reallyread.it :)