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Reddit Is Revolting
- paulhauggis 11y agoI think it's interesting that a company with that many page views is only valued at $250 million.
- nness 11y agoPretty much their only revenue stream is page advertising, which I would imagine is not that compelling for investors. Particularly since each community is bespoke, with mixed engagement. It'd be a nightmare to commercialise.
- veb 11y agoI thought the gold thing helped too? I always wondered why they didn't set some deals up with places like Teespring or Welovefine to explore other revenue options.
- nness 11y agoProbably their best bet would have been to build the tools which let the communities monetise themselves they want they wanted, then take a cut of the sales through that service.
- dang 11y agohttps://news.ycombinator.com/item?id=9822580 https://news.ycombinator.com/item?id=9822580
- c_prompt 11y ago"You said it - they stink on ice." [1] Sorry, couldn't help myself. [1] https://youtu.be/sztf4hcGrB4?t=1m30s https://youtu.be/sztf4hcGrB4?t=1m30s