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Comment by Clewza313 | Hacker News Reader

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Clewza313·

But that's precisely the question: why are they hiring?

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So they can raise more VC. Seriously, what part of this don’t you understand?

indeed the virtuous cycle of our times

Sort of reminds me of this girl I see on Facebook. She is an "entrepreneur". Her business? Helping other people start their own businesses! Yes, but what kind of business is she helping them start? Same as her own business - paid training sessions on how to start a business!

How to start a business starting businesses that start businesses, you say?

Yeah, I know someone who did the exact same thing. I guess it's similar to a pyramid scheme in that the more people you "coach" or "mentor", the bigger your personal brand will get and the more opportunities you will get.

Sounds like a rather cannibalistic model if you ask me.

Because VC loves giving money to companies with no real plan.

To lose money gaining market share so they can eventually sell ads to those eyeballs.

I still use old Reddit. If they get rid of old Reddit I’ll never go back.

I wish Kevin Rose had managed to keep Digg a competitor.

I think this is hilarious because reddit is so obviously dead on the vine to me. I can't wait for reddit to give me even the remotest reason to delete my account. ngl, been pretty close to deleted it since they hid the nsfw, was practically the only thing of value the site had left.

It is already bit rotting. There are some pages that return 500 errors on the old site but work in mobile.

I interviewed there. . . they are looking to monetize reddit more/better i.e. actually make some cash.

I am the hugest fan of reddit. . . it will be interesting to see if they can increase revenue without impacting the user experience negatively.

One would hope for them that it's so they can fix ads to monetize adequately.

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