How Reddit, the 'old soul of the internet', succeeds when others fail - Yahoo Canada Finance

Every day, astir 50 cardinal radical log onto the website Reddit, which is structured arsenic a bid of chat boards wherever users sermon conscionable astir each taxable nether the prima — Canada, plants, mining, unemployment benefits, etc.

This week connected Down to Business, Jen Wong, the platform’s main operating officer, explained wherefore Reddit considers itself a bid of communities — not a societal media site.

Unlike galore different platforms, Reddit users tin enactment anonymous, and the tract does not way their browsing enactment crossed the internet. It relies connected “volunteer moderators” to constabulary what users post, and assistance enforce its nary “hate speech” rule.

Wong said the company’s advertisement gross is rapidly increasing and its strategy proves that you don’t request to cod monolithic amounts of accusation connected users to motorboat an online ads business. As ever the interrogation is edited for clarity and brevity.

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If you person immoderate questions astir the show, oregon if determination are topics you privation america to tackle, email us: downtobusiness@postmedia.com.

• Email: gfriedman@postmedia.com | Twitter: GabeFriedz

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