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That seems like a pretty dubious assumption. Who’s to say they aren’t more desperate for cash due to that? Reddit makes it painful to browse their site on mobil
by ashelmire 8y ago
That seems like a pretty dubious assumption. Who’s to say they aren’t more desperate for cash due to that? Reddit makes it painful to browse their site on mobile exactly because they want you to use the app so they can track you.
- vertline3 8y agoYeah I wonder if free models may make a platform more open to propaganda.
- zeeed 8y agoI think they’re doing pretty well: https://www.reuters.com/article/us-reddit-funding/reddit-valued-at-3-billion-after-raising-300-million-in-latest-funding-round-idUSKCN1Q020W https://www.reuters.com/article/us-reddit-funding/reddit-val... Now that doesn’t mean they’ve found a good long term model yet. But if I had to choose between Reddit’s and Facebook’s app (not that the comparison would make a lot of sense) then I’d choose Reddit on all days of the week.
- screye 8y agoReddit has also been supportive of 3rd party apps and those are some of the best apps of Android overall... Let alone for Reddit.
- ashelmire 8y agoValuation has little to do with income; and in fact it means they have to live up to that valuation by getting more revenue and answer to more outside investors. I’m not sure how you thought this was a counterpoint?
- zeeed 8y agoI was talking about the funding, not the valuation. They are presumably looking for a way to sustain themselves, but I still don’t believe they’re “desperate for cash”