this post was submitted on 11 Mar 2024
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Reddit wants to raise $748M with IPO, sets value at $6.4B (go.theregister.com)
submitted 1 year ago by [email protected] to c/[email protected]
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[–] [email protected] 2 points 1 year ago

In principle, I agree with you. But you are judging Reddit's value by the looking at the home page and taking a snapshot. Instead of looking at it as a lake of mostly crap, think of it as Instead of a river that filters things out and holds the not-crap that come from the flood.