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84 sats \ 4 replies \ @kr OP 29 Jan \ parent \ on: Reddit Advised to Target at Least $5 Billion Valuation in IPO tech
agree, still TBD on how the new dynamics on places like SN will stack up against existing advertising models.
lots of good opinions on either side of the issue.
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4412 sats \ 3 replies \ @chairman_pretense 29 Jan
Interestingly, as of 2022 Reddit had an ARPU of only $0.6 (which is really, really low - they are not a popular or mainstream advertising platform, their cultural impact is disproportionate relative to revenue).
In SN terms that's 1400 sats per user per year in revenue.
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458 sats \ 0 replies \ @chairman_pretense 29 Jan
(This post officially makes more sats than a reddit user.)
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21 sats \ 1 reply \ @kr OP 29 Jan
that is low, can you share the source?
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1327 sats \ 0 replies \ @chairman_pretense 29 Jan
This is the most recent I can find: https://www.statista.com/statistics/1309745/reddit-average-revenue-per-user/
As best I can tell that is genuinely an annual figure. Which if it is, is ridiculously little.
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