322
Fidelity has cut Reddit valuation to $5.5B from $10B
(techcrunch.com)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 30 Jun 2023
322 points (100.0% liked)
Reddit Migration
207 readers
2 users here now
### About Community Tracking and helping #redditmigration to Kbin and the Fediverse. Say hello to the decentralized and open future. To see latest reeddit blackout info, see here: https://reddark.untone.uk/
founded 1 year ago
Is there a reason discord is also being devalued? I haven't heard of anything negative going on there and they seem to be doing fine.
Recent data breach, and users being unhappy with the username rollout.
It also just generally feels bloated nowadays... I just want to chat
Agree, personally. Nitro ads are getting more intrusive too. I understand they have to monetize somehow, but I wish it were handled based on server population rather than blanket spread to all clients. I don’t participate in any huge servers because notification suppression sucks in Discord. The servers I do use are mostly sub 50 users, and as such don’t consume anywhere near as many resources as some of these mega servers out there.
for real! I have a lower tier of nitro but the phrasing around all the higher-tier stuff says "try nitro :)" as if they don't already have their pound of flesh.
How so? I'm part of several large servers and they're all no notifications.
Because it’s basically all or nothing. And even then, Admins can do notification blasts that override user settings. I want more granular control so I can basically subscribe to specific content in specific channels I interact with rather than broad notification settings.
Don't know if maybe you don't know when the settings but you can change it to just @mentions with suppress @everyone. You could also do that for individual channels within each discord.
For instance I have probably 100 servers that I belong to. But I only have three channels within each of the servers that I want all notifications. Everything else is set to just direct mentions with @everyone suppressed.
Not sure if you knew what but if you did, sorry for the rehash. If not, hope it helped. I know what it's like to be completely annoyed by beep beeping on your computer 😠
Yeah, discord is way less bad than anything else I've seen. Tags would be cool but you can change settings per channel and server and as the host you can give people more granular control by using roles.
I don't really know what more you would reasonably want.
But... You can? You can do settings per channel, and I'm not aware of any thing admins can do to overwrite notification settings, I have huge servers that I haven't gotten a notification for in years.
No, for sure. My issue is probably more distinct. I want discord to work like a forum and not like a chat application. I want to subscribe to get notifications only from specific users, or about specific keywords or topics, rather than broad mentions / everyone settings. I also recognize that I'm not the target demographic in that respect, but searching for discord notification threads will yield quite a few results from other users like me who want more control over when and what the app notifies them about.
Okay but this started by you saying that Discord's notification suppression is bad. And then claimed admins can overwrite your suppression settings. And I said no it's not and no they can't, and you come back saying "well what I really want is this"
Like, yeah, sounds like Discord isn't the platform for you and that's okay. But not for the original reason you said.
Discord’s client doesn’t allow users to mute announcements. Or at least didn’t when last I checked. And my point stands, I want more granular suppression options and the ability to disable announcements entirely. Nothing I said discredits my original position. To me, not having complete control over what types of notifications I receive is bad suppression. If that definition doesn’t mete out for you, that’s fine.
Yes you can. You can mute anything and everything you want. And you can have per channel overrides. So you could say mute everything (yes including announcements) and then override that to notifications for a single thread on that server.
I've had issues the other way too. Smaller servers (even my own) that don't send notifications or list badges on channels.
It's so sad when apps stray from their lane and just become bloated messes. I'm looking at you too Postman...
also, Discord is basically owned by china
had heard absolutely 0 about this. thank fuck i wasn't impacted, brb gonna go change my discord email to a burner alias from simplelogin
Tech startups of all kinds are being devalued the last 12 months. The tech sector was always heavily based in speculation and so as the markets recoil, the tech sector was going to feel it the hardest. People have been predicting that for years, literally.
The reddit devaluation falls in line with all that, not really the migration at all. Guys I hate to be the bearer of bad news but Fidelity's valuation experts don't give one shit about the happiness of the users, and only give half a shit about the number of them -- which, that number comes from reddit themselves on a "trust me bro" basis, like the user counts of any service. Let me even go one step further: the louder you complain about reddit, the more important you make reddit look, the more valuable you make reddit to investors. You have to re-frame your thinking when considering markets like this: users are not customers, they're products. "Look at the reaction of all those users" is what this migration boils down to, to those valuation experts.
On the exact same note you can bet on the rising popularity of any given celebrity by the number of their detractors. See a new starlet getting hated on by everyone on Twitter? They're going to sell more albums because of it. Every time.
Edit: Just like the trolls, your best bet to change the landscape of social media is to ignore the bad actors, including the social medias themselves. Don't engage with them and don't advertise for them by talking about them. Kbin's second largest magazine is RedditMigration. You're defining this place by the continued existence of reddit. Guys: Move. On. Let it die.
What did Kevin Smith do??
Nothing. But Weinstein produced all his movies, and Weinstein makes money every time they stream. He owns the IP, not Smith. And more are in the works. All the while Smith is downplaying his association with the guy. That kind of thing happens all over. It's just people making opportunity out of catastrophe, a very time honored tradition in human society. The fact is Smith cares more about continuing to make his money playing the same character he has since the 90s - despite a sick, disgusting rapist profiting from it every time - shows just how out of touch with the way businesses and money works that most people are. When he goes on stage and calls Weinstein a rapist gargoyle and nods along with the crowd, keep all that in mind. He's still actively working to earn that gargoyle money because it earns Kevin Smith a lot of money as well.
We like to think we're the ones in touch with reality, but realities aren't mutually exclusive. When we say wealthy people live in a "different reality" we're not saying they live in something that isn't reality. It is. For them. Not us. And understanding that is key to empowering us to change those realities.
So any Miramax film made during Weinstein's tenure should be shunned. Got it.
https://en.wikipedia.org/wiki/List_of_Miramax_films -- So you know what all you're stating, he's every film they've been involved in.
Any time Weinstein's name shows up in a credit on a movie/tv, he gets a residual. His are probably forced to go to his victim fund. Smith is donating his residuals from that era to "Women in Film", voluntarily.
Miramax and Weinstein broke up BTW. Weinstein only holds the rights to Dogma, Miramax still owns the rest. Smiths' current production company is Lionsgate. While Lionsgate's subsidiary Spyglass bought most of the Weinstein Company catalog, they are not owned/operated by Weinstein.
People are multi-faceted. I believe Smith when he said he "didn't know THAT person" when speaking of Harvey. Smith probably viewed him the same way you would a priest. I'm certain that pedophile priests aren't acting all pedophily during Sunday Services. Again, you're logic is that we should burn down the church because a priest couldn't stop being hands-on with the altar boys.
Harvey Weinstein didn't create the characters or write the script. He didn't direct the movies. He wrote numbers and signed the check.
Show me anything stating that Weinstein owns more than Dogma.
Miramax produced the following:
October 11, 2002 Pokémon 4Ever
I guess that means that Ash needs to be held to account for Weinstein's transgressions, right?