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Reddit experimenting with blocking mobile browsers
(old.reddit.com)
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this post was submitted on 11 Jun 2023
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Technology
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But even those guys will ask for user numbers, and if those are not steadily growing, Reddit's net worth suffers massively. Potential for steady growth and montarization are the only metrics investors care about.
Reddit can easily manipulate user numbers in a way that would absolutely mislead tech-illiterate investors
Look at how many companies such as Twitter and Tumblr have only had a one or two years where they were generating a profit. For every educated investor there's 10 more willing to put money into "the next big thing".