Reddit user u/k_ristovski offered a detailed breakdown of the social media platform’s initial public offering (IPO) prospectus.
Reddit’s IPO – The most important details & red flags
byu/k_ristovski instocks
Here are some potential opportunities and pitfalls that investors considering the Reddit IPO must be aware (or wary) of.
Penetration Rate And Growth Beyond US
Reddit’s revenue primarily stems from advertising, constituting a whopping 98% of its $804 million revenue in 2023. While the advertising model appears robust, red flags emerge when examining the penetration rate based on Daily Active Uniques (DAUq) and Weekly Active Uniques (WAUq). The challenge lies in reconciling ...