never used reddit, but here's a "solution" system i thought up on the fly for a social posting site.
"karma" like HN for participating/socializing on the site.
with enough karma you can log into new.sitenamehere.com and vote on new submissions which are in queue for an hour. if you upvote something that gets more downvotes than upvotes, you lose karma. if you upvote something that passes the votes you gain karma, but the whole process is a blind vote, you don't see the results till the end.
what this does is puts moderation of site content into the hands of the people actively participating in the site, they're karmicly "voted" into moderator position, and then further vetted when they review content for the site.
downside: hour long submission "queue" before they show up on the site proper (or get rejected)
i thought it was going to be some kinda charades thing, but they just cut out the word responses to the questions and left the parts where they're not speaking.
so... it's a patent for method to use a special spatula that they use to build the "fixins" on, which they later invert onto the bun.
sounds very scientific, i doubt anyone would have ever come up with this, let alone put it to significant commercial use other than mcdonalds. i for one welcome our new mcoverlords.
because unlike a standard material commodity, a playing card's value can be dramatically affected by whatever the publishing company decides to do to the game. whether it be printing more of the card, releasing a new version of the card that's more powerful, making that one obsolete, or even discontinuing the game altogether.
i'm sure you COULD make something like this, but really with the value of the item being intangible and largely based on emotional/prospective value, it'd be hard to get traction with the idea...
any company that's actually generating revenue. until facebook itself has a method of making money, spending FUNDING to acquire more uncommercial services under its belt is wildly irresponsible.
sure it might turn out to be a good idea, but it could more easily turn out to be a bad, horribly bad idea.
long story short, if media is your business, and media is changing, you'd best change with it because its not going to wait around for you.
seems like common sense, but i guess when you get to be old and venerable you also acquire a stance of complacency. no one is invulnerable however. seth should have reminded nytimes of their mortality about five years ago.
All businesses need to embrace change. But too often people forget that change is a mindset belonging to individual people and that it therefore needs to be constantly re-rooted in the organization to actually stay relevant. If your organization doesn't remember to embrace change (document your practices!), if it doesn't constantly re-roots itself with regard to change (challenge the way you embrace change), it will become obsolete.