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Relay For Reddit is not normal - most Reddit users see ads occasionally. Apparently 6 percent of internet users in the United States use Reddit in their spare
by MarkMc 9y ago
Relay For Reddit is not normal - most Reddit users see ads occasionally.
Apparently 6 percent of internet users in the United States use Reddit in their spare time [1]. It is probably the same in Canada, Australia and the UK.
If we assume $0.25 in revenue per month per user and 20 million users, that's revenue of $60 million per year.
[1] https://www.statista.com/statistics/443332/reddit-monthly-visitors/ https://www.statista.com/statistics/443332/reddit-monthly-vi...
- hn_throwaway_99 9y agoI can believe your statistics are at least somewhere in the ballpark. Thus, I still have no idea how you get to a $1.7 billion valuation on $60 million in revenue, nevermind profit.
- MarkMc 9y agoActually, I'm not so confident about the ballpark. My link also says there are about 1.3 billion unique visitors per month. So in addition to 20 million Reddit 'addicts' there could be 1.28 billion less-frequent users. If they are worth on average $0.01 per month that would be an additional $150 million per year in revenue.
- loceng 9y agoValue of the data and the potential that exists with it.