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Facebook is 1 year older than reddit and makes 2,000x the revenue.
by heydenberk 11y ago
Facebook is 1 year older than reddit and makes 2,000x the revenue.
- untog 11y agoI don't see anyone suggesting that the two are equivalent.
- lowellbander 11y agoI think Johnie sees them as competitors, sips tea.
- Johnie 11y agoI meant that Reddit is another Excel-esque competitor to your startup. Or another way to look at it is that Reddit is your early validation for demand.
- untog 11y agoI don't see anyone suggesting that the two are equivalent.
- pmlnr 11y agoRevenue is not everything. There are things on the internet, old as country roads, operating on minimal revenue, still alive; while younger things which believed revenue is the way to go, are long forgotten.
- meesterdude 11y agoA wonderful little comment.
- 5ilv3r 11y agoYou're a poet, sir.
- 3dk 11y agoExcellent comment. IRC and Craigslist are examples of something "old as country roads" on the internet.
- taco_emoji 11y agoI think they're saying Reddit's another Excel-like competitor for your startup, not a competitor for Facebook.
- aeturnum 11y agoThen reddit is doubly a competitor, because they're apparently stable with 0.05% of Facebook's revenue. Facebook might falter if their financials go south, reddit has no where to go but up. If your customers don't buy your product because they can get it for free on reddit, it doesn't matter how much they pay reddit for it.