this post was submitted on 04 Feb 2024
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270
How Quora Died (slate.com)
submitted 9 months ago by [email protected] to c/technology
112 comments fedilink hide all child comments
 

“Why Do So Many Music Venues Use Ticketmaster?” “What’s It Like to Train to Be a Sushi Chef?” “How Do Martial Artists Break Concrete Blocks?” If you were looking for answers to such questions 10 years ago, your best resource for finding a thorough, expert-informed response likely would have been one of the most interesting and longest-lasting corners of the internet: Quora.

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[–] [email protected] 17 points 9 months ago (1 children)

One thing that corporate social media struggles to understand is that not all the users have the same impact in a platform. It’s extremely easy to take a mildly unpopular decision that only pisses off 0.5% of your userbase, and the platform becomes ruined because that 0.5% were damn important.

Pretty much what happened with reddit which lost all its power users.

[–] [email protected] 7 points 9 months ago (1 children)

Yes, with a difference: Reddit knows it but doesn't care due to the imminent IPO.

[–] TheBat 2 points 9 months ago (2 children)

When is it? Feels like I've been hearing about reddit IPO for 3 years now.

[–] [email protected] 5 points 9 months ago

I'm almost starting to wonder if that's the plan. Just keep saying "IPO IPO IPO" to get funding from over-eager VCs who want a piece of the IPO before it becomes widely available.

But then you just never IPO. Keep making minor to moderate mistakes along the way so you can be all "weeeeell we would have IPO'd but insert thing here so we want to wait another 6 months to let it die down". Repeat until you're ready to quit, then actually IPO and ride the initial IPO high all the way down via golden parachute.

[–] [email protected] 2 points 9 months ago (1 children)

IIRC around March or so.