So then it's either reddit or some very niche forums, but forums are hard to use.
The right subs for ones level are really really helpful.
6 billion means approximately 1 dollar from every person on the planet. I struggle to see how Reddit is able to provide that much value.
I'm with you though. I am continually dumbfounded by the sky-high valuations for these kinds of companies. Many on HN act like it's all normal and cool, and when you cast any doubt on their valuations or suggest there may be a bubble you are treated like an out-of-the-loop normie who doesn't "get" the internet. Time will tell, I suppose.
Say you sell bespoke bike parts or audiophile-quality headphones, there are subreddits for that. Or say /r/pcmasterrace is an opportunity for Asus, Corsair, etc.
I assume many companies are already active on Reddit, but there’s an opportunity for Reddit to better the experience for some fee
Effective advertising relies on good market segmentation and intent, and Reddit happens to do both in a non-intrusive way.
This is the same pit Tumblr fell into.
Instead all these networks choose pretend that accounts aren't sold and pretend that everything is organic
I guess #ad would ruin the illusion