If they IPO, I think they will have expansion plans. so it will probably be a very competitive competitorTheir target audience is very different. I do not think FB treats reddit as competition.
Fixed it for you.Is this a big bomb? Does Reddit threaten FB or tiktok? (Personally, I think reddit is more for technology lovers than for the retards)
Reddit users are usually more handsome and knowledgeable than othersFixed it for you.
I think, there is room to make money from reddit IPO, but not for long term.
exactly. On facebook or tiktok, I only see people dancing without any real valueReddit is the best social media site honestly. I prefer forums, but between those social media networks, reddit and twitter are the only ones with real value.
Initial public offering.IPO?
IPO changes nothing & isn't even the finish line. Employees can't profit from this IPO till their stock lockup period expires in I think 6 months and then they are allowed to sell if they want.
Reddit has never been profitable and is under tremendous pressure to turn a profit. They will continue to pressure any free promotion or spam and push people into spending on advertising. If and when they turn a profit the pressure continues every quarter to grow & return larger numbers. There is no stopping or going back.
There are many good reasons reddit is valued around 7 billion compared to facebook valued at 1,295 billions & google at 1,898 billions. Reddit is not even close to the big boys.
https://www.cnbc.com/2024/03/21/reddit-ipo-rddt-starts-trading-on-nyse.htmlyou can see hereIPO?
Reddit users are not lured by widespread junk informationMany users or accounts owner on Reddit are more mature than other social accounts because they always exposed/surf any new link posted.
Is this a big bomb? Does Reddit threaten FB or tiktok? (Personally, I think reddit is more for technology lovers than for the general public)
AI only uses available answers, it cannot think or come up with creative answers or novel ideas. Discussions and asking for opinions are the main goals for social networks to develop, so I think that AI does not have an advantage on social networking platforms. AI is only really strong enough to replace specialized jobs like drawing, coding or accounting.Reddit isn't profitable and with AI will lose a lot of strength. Less people will need to use it to get answers.
Reddit is the future, they can not replace it, FB is so old I don't think anyone uses it anymoreIs this a big bomb? Does Reddit threaten FB or tiktok? (Personally, I think reddit is more for technology lovers than for the general public)