How is Reddit as an employer now? (Considering applying) What I know/have read: $10B valuation based on $700K funding by Fidelity in Aug $15B potential target valuation at IPO, Snap IPO CFO hired. But when is IPO predicted? Ad revenue potential weak because of two arguments usually: - Anonymity prevents targeted ads - Reddit users are least likely to convert , but ads revenue has been growing YoY (what's causing the increase if the above two are true?) No other major revenue streams now or in near future. (there's "on-platform" money but does it qualify as major?) Is any of this incorrect, has changed or is about to take a new direction? Anything else I am missing? #reddit #softwareengineer #tech
Their website is slow and breaks all the time.
Reddit is running because of r/WSB
lol Reddit is barely worth a billion dollars let alone 15
The only time I click a Reddit ad is when contents shift when scrolling cause the site is slow af
“Anonymity prevents targeted ads” Ads can still be targeted based on subreddits. And video ads are a big thing, seeing many live streams, Reddit can easily extend to support a video platform which will increase the ad revenue by multiple folds
Honestly Reddit falls in the same bucket with Twitter. It’s cool from a user perspective, but a shitty business outlook.
Don’t believe everything you hear. Happy to talk directly if you’d like.
Lots of haters here don’t know what they talkin bout
Culture is awesome! Unfortunate Reddit users are some of the snarkiest and cynical people and combine that with Blind users and it’s a breeding ground for toxicity and negative outlook here I love Reddit and wouldn’t work anywhere else :)
Companies like Quora and Reddit imo had their hour in the limelight, they would've ipo'd if they could. I don't see a strong future personally