RDDT Followup Post

Posted: May 07, 2024

- User traffic increased by 37% to 82.7 million - Revenue increased by 48% to $243.0 million - Many are calling the poster an idiot for holding Reddit stock - Poster plans to hold Reddit until market cap hits at least 100 billion - Claim that many profitable companies are worth 10 times more than Reddit - Mention of the rule of 40 and the idea that it's not too late to invest.



Summarized top reddit comments: - WSB only feels right when they're wrong - Diversify investments and hire a PR team - Reddit needs a competent search function - Inverse $RDDT always works wonders - Sell for earnings - $100B is more than Snapchat, Pinterest, Etsy, and Reddit combined - Support for OP and holding onto Reddit shares despite criticism from others.



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