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

techcrunch.com

22 points·gpark3··10 comments

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https://news.ycombinator.com/item?id=14893846

Source article: https://www.recode.net/2017/7/31/16037126/reddit-funding-200...

How are they going to sanitize that place?

Get their users to upload a government issued id?

Call me crazy, but I'm not sure what makes Reddit valuable, at all.

It's obviously popular... but valuable?

How?

Why?

For what?

Ads. What's Twitter for?

Communicating outage notifications?

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. <shrug>

> 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.

This is the article I was thinking of: https://www.wsj.com/articles/p-g-cuts-more-than-100-million-... $100M is a big deal.

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