Professional
Added to YB: 2025-06-02
Pitch date: 2025-04-09
RDDT [neutral]
Reddit, Inc.
+116.18%
current return
Author Info
Maple Tree Capital is a fictitious fund run by @HenryInvests. Follow on Twitter/X.
Company Info
Reddit, Inc. operates a digital community in the United States and internationally. The company’s platform enables user to engage in conversations, explore passions, research new hobbies, exchange goods and services, create new communities and experiences, share laughs, and find belonging.
Market Cap
$35.2B
Pitch Price
$103.98
Price Target
N/A
Dividend
N/A
EV/EBITDA
115.87
P/E
104.06
EV/Sales
17.32
Sector
Interactive Media and Services
Category
growth
Maple Tree Capital Portfolio new position: Reddit, Inc.
RDDT (new position): Initiating small position. Reddit has unique structured user data valuable for AI era. Users spend significant time on app, exceeding daily Netflix visits. Strong monetization potential with established user base. Clean balance sheet but significant SBC/dilution concerns. Parallels Grindr thesis, plan to grow position over time.
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