Now I love Reddit, but I do think the Reddit guys made out like bandits. It will be a while before Conde Nast recoups their investment, especially if the site continues to stagnate.
Have you seen this chart? http://reddit.blogspot.com/2007/11/website-needs-traffic-emp...
CNs mainstrean reddit, lipstick.com, is stagnating, and has hardly any activity.
Check out sugarloving.com for a decent, mainsteam-content social news site (that does a lot better than lipstick.com)
Both sites, however, miss how visual such interests are.
If Tara Reid falls over drunk again, then you better have a picture of her falling over drunk. Galliano's new collection is better described by images than a paragraph of text.
Booo-ring!
I have also always wondered about social slashdots. Especially, I mean - women, they love to talk, right? So how come the only obsessive online-communities appear to be dominated by males? It doesn't make sense.
Just guessing (stereotypes)...
Fortunately these things aren't crucial to having a good time on a social news site.
If they got THAT much, they'd probably just sit around all day and spend all their time on reddit... ;-)
(or news.yc...)
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I thought the terms were confidential. They really got 18?!? Now I am trying to decide if that really pisses me off to no end or not!