It did seem a bit low to me too considering how much other social networking apps are getting valued at. Reddit has been around for over 11 years. It's somethi

It did seem a bit low to me too considering how much other social networking apps are getting valued at. Reddit has been around for over 11 years. It's something to say about the loyalty of their community. Their ability to target advertisements towards specific subreddits could become a large source of revenue. Especially since advertisers can easily target those with those interests. I think it's different than facebook groups because subreddits are at the heart of the reddit ecosystem.