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Reddit Is Raising Funds at a Valuation of $1.7B

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Re: Reddit Is Raising Funds at a Valuation of $1.7B

#311

So Reddit is worth less than Minecraft? How does this work?

Think of how Reddit can monetise or has.

Now think of all the revenue streams you get with the Minecraft intellectual property.

Also, Minecraft's community is way less volatile. A glorified forum can die and become worthless real quick, if you don't play it right.

Re: Reddit Is Raising Funds at a Valuation of $1.7B

#312

Earlier quoted context omitted.

I can't even use their mobile website, I have to just use the desktop one (which has a delayed popup banner that shifts the page a second after load telling me to download their app).

They've been dicking about with it making it harder to choose the mobile version. One time, earlier this year, I got a "use the app" screen with no option to continue - you could block the overlay though. Recently they added a useless interstitial. It's interesting to me they say the app is faster; presumably they're artificially slowing the mobile site just to push app installs.

Scroll down.

Re: Reddit Is Raising Funds at a Valuation of $1.7B

#313
post #107

Earlier quoted context omitted.

You'd probably be suprised to learn that for large chunks of reddits demographics 12 USD is a large sum of money.

Like teenagers. Source: Am a teenager.

I was thinking more along the line of people from a non-rich country. A standard salary in the parts I live is 220 USD a month for 60 hour work weeks.
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