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Reddit just raised a new round that values the company at $1.8B

techcrunch.com

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Re: Reddit just raised a new round that values the company at $1.8B

#6

Post by make3 »

akulbe wrote: post #3

Call me crazy, but I'm not sure what makes Reddit valuable, at all. It's obviously popular... but valuable? How? Why? For what?

are you kidding. so many views, with information on the users, à la facebook. this allows them to serve custom ads, if they decide that it wouldn't halienate their readers too much.

Re: Reddit just raised a new round that values the company at $1.8B

#7

Post by akulbe »

make3 wrote: post #6
akulbe wrote: post #3

Call me crazy, but I'm not sure what makes Reddit valuable, at all. It's obviously popular... but valuable? How? Why? For what?

are you kidding. so many views, with information on the users, à la facebook. this allows them to serve custom ads, if they decide that it wouldn't halienate their readers too much.

I guess you haven't heard that folks don't like ads? and that big names have been cancelling them, because they're not as effective as folks first thought?

There's more to compel a person to go to Facebook than there is to Reddit. Many Reddit threads are more snark than real conversation.

Re: Reddit just raised a new round that values the company at $1.8B

#8

Post by zaqokm321 »

akulbe wrote: post #7
make3 wrote: post #6

Earlier quoted context omitted.

are you kidding. so many views, with information on the users, à la facebook. this allows them to serve custom ads, if they decide that it wouldn't halienate their readers too much.

I guess you haven't heard that folks don't like ads? and that big names have been cancelling them, because they're not as effective as folks first thought? There's more to compel a person to go to Facebook than there is to Reddit. Many Reddit threads are more snark than real conversation.

> I guess you haven't heard that folks don't like ads?

Nope they don't and Reddit hasn't really been heavily focused on ads. But they do have a large user base, very focused topics etc etc.

So setting up say a /r/games_of_thrones page, if I was HBO could be very lucrative or marketing my products to the subscribers.

> There's more to compel a person to go to Facebook than there is to Reddit.

Reddit has somewhere north of 200 million users, that is a large audience to ignore. So yes FB maybe king but Reddit has its place.

A valuation of $10 a user I would stay is quite low.

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