Report: Reddit falling short on revenue, may close Upvoted

http://siliconangle.com/blog/2016/04/29/report-reddit-falling-short-on-revenue-may-close-content-aggregation-site-upvoted/

by brtkbrtk • 10 years ago

7 1 10 years ago

siliconangle.com

jv0010• 10 years ago

From the start it seems there was a lot of excitement about reddit and what revenue it could achieve. I think people were more caught up in the hype of it being the front page of the Internet when when you break it down it's more of a large forum covering a broad number of topics, which is very convinient and central. Nonetheless it's a great central community however expecting it to grow into A larger revenue stream would simply be unrealistic.

Reddit needs to look at expanding or introducing new products that the community will embrace and help give momentum. Reddit users are very patriotic and can help startup with gaining traction. - they have data on users, topics demographics and opinions. Such data is very powerful for any startup to pivot in the right direction and make the right decisions on new products.

Report: Reddit falling short on revenue, may close Upvoted

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