Reddit IPO Valuation Analysis
Reddit plans to price its IPO between $31 to $34 a share, which would suggest equity value of US$6.0 billion to US$6.5 billion on a fully diluted...
686 Views
Reddit IPO Preview
Reddit is getting ready for an IPO in the United States. Reddit may be seeking a valuation of at least US$5 billion in this IPO, which would be...
740 Views
ByteDance Vs TikTok
TL;DR: TikTok U.S. generates $27B a year in revenue, about 19% of ByteDance’s total 2024 revenue, per Sacra estimates. More importantly, TikTok...
93 Views
Strava: The $265M/year Whole Foods Of Social Networks
TL;DR: Sacra estimates that Strava hit $265M in annual recurring revenue (ARR) this year with their asset-light fitness social layer. Now, they’re...
122 Views
Reddit: The $510M/year Social Libertarian Superapp
TL;DR: The latest Reddit (dataset) controversy is yet another conflict between the populist user base driving the content and experience and the...
95 Views