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Even if 50k of rewards were purchased per day, which I strongly doubt is the case, then Reddit is only doing 18M per year off the rewards. Not much compared to
by Invictus0 6y ago
Even if 50k of rewards were purchased per day, which I strongly doubt is the case, then Reddit is only doing 18M per year off the rewards. Not much compared to their 100M ad revenue, and very paltry relative to their $3B valuation.
- Abishek_Muthian 6y agoI do agree that the combined revenue from Ads+Awards+Premium subscription of Reddit would be nothing to boast off, but still making users pay for fake Internet awards is very impressive. Of all the karma based platforms, I don't know any other who has pulled this off.
- Invictus0 6y agoIt's pretty on par with anything that resembles a "game". Freemium iPhone games rake in most of their money from a few whales that spend thousands on coins in the games while 98% of players will never spend more than $20.
- Abishek_Muthian 6y agoI don't think Reddit and Candy Crush are of same category.