– Alex asks “Will Reddit be ruined by future marketers? If so, how?” – Alex everything gets ruined by marketers because marketers want to make money. Original audiences feel it’s ruined. Will Reddit be ruined by marketers? That’s like asking when you’re indie band becomes big, did they sell out? Some say yes some say […]
– Alex asks “Will Reddit be
ruined by future marketers? If so, how?” – Alex everything gets ruined by marketers because marketers want to make money. Original audiences feel it’s ruined. Will Reddit be ruined by marketers? That’s like asking when
you’re indie band becomes big, did they sell out? Some say yes some say no. It’s really eyes of the beholder. I’m sure there’s people,
Steve you love Reddit. Go to Steve, let’s go to Steve. Steve you love Reddit. – I do. – There’s clearly more it’s
more commercial than it was seven or eight years ago– – There’s people who say
it’s already been ruined. – Thank you where do you sit on that? – I don’t think so at all. – Okay but you feel like people
that are even more cynical and extreme than you–
– Exist– – have gone there.
– Yes. – And so that’s it. I’m optimist dah, dah,
dah, commerce salesman. Steve is more cynical, more down the line creating friction and there’s
people that are completely out of their goddamn mind
that the second Reddit makes one cent that in itself
signifies that it sold out. By the way I respect that
because I’m the extreme. I look at everything until it makes money. I’m like that’s sold out,
the other way, right? That’s too pure. I think that it’s eye of the beholder. I think Facebook is less sold out today than it was 26 months ago. Because I think their algorithm’s
better, think about that. 26 months later and that’s
an arbitrary number, 24, 20 you know, I don’t even
know how I came up with that. 26 months later Facebook is
doing a better job putting stuff in people’s feed that
makes it feel less commercial than it did before because the
algorithm is getting better. To me that’s wild, that’s wi–
I mean it’s better for me. Taking like personal me, it’s crazy to me. They’ve done a good job, so ebb and flow. Reddit may do a takeover
thing next week with Taco Bell. All of a sudden Steve will
be like arghhh I was wrong. One week later it’s sold
out, it’s just ebb and flows. Marketers and business
people’s jobs are to make money that will always go against
the friction of people that want to keep things
artistic and pure. It’s a good friction
point I think the people that are really special at
it can walk the Mendoza line. You think of an Apple,
you think of a Nike, you think of a Reddit. I’m fascinated by that. It’s something I try to keep
and I think I skew a little bit more towards commerce
and sell out than I do than artists but that’s because
I talk about the subject matter of business that I
think one of the reasons I’m lucky enough to have an audience is I’m in the jabs business. You know the right hooks
are coming and as long as I’m providing way more
jabs than right hooks, the balance of the force,
Chewbacca style, is in good shape. That’s the scoop, that’s the show. Question of the day is a right hook.