Added to YB: 2024-12-30
Pitch date: 2024-12-27
RDDT [neutral]
Reddit, Inc.
+34.3%
current return
Author Info
No bio for this author
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
$167.38
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
Reddit (RDDT): Enhancing Search and Capturing Growth Opportunities
RDDT (overview from former employee): $50M free mod work. $GOOGL deal boosts search visibility. TikTok ban potential upside. Experimenting with media player. Search partnership with $GOOGL mutually beneficial short-term. 10%+ resources in Reddit X innovation unit led by VP. Ex-employee perspective on growth drivers & future potential.
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