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Facebook has ~a billion or so~ users and is worth ~$500B. Reddit has ~hundreds of millions of~ users and is not worth anything like that. Why? Facebook's cont
by Jabbles 3y ago
Facebook has ~a billion or so~ users and is worth ~$500B.
Reddit has ~hundreds of millions of~ users and is not worth anything like that.
Why? Facebook's content is provided by all its users for free? So if Reddit can figure out a way to monetize it like Facebook, it's worth literally hundreds of billions of dollars.
Which is why the leadership of Reddit will do anything if there's a chance that they can dramatically increase the value of the company. From their perspective, it absolutely is worth the risk. From our perspective it isn't worth it, ofc, because the upside for us doesn't involve lifechanging amounts of money.
- rafark 3y agoThere’s no way reddit has anywhere near a billion users. It has millions. Facebook is ubiquitous, pretty much anyone from any age, gender and a country has heard of Facebook. Reddit is a big site, but it’s still a niche site when compared to the big social media giants. It probably has less users than twitter, which has a fraction of Facebook’s.
- mrtranscendence 3y agoI tried to Google how many users Reddit has. The numbers are all over the place. Various links on the front page say: 1.66 billion monthly users 430 million monthly users 50 million monthly users 330 million monthly users Who the hell knows.