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Reddit’s 50% Plunge Fails to Entice Dip Buyers as Growth Slows. (finance.yahoo.com)

submitted 4 days ago by Tea@programming.dev to c/technology@lemmy.world

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The gloomy sentiment around Reddit Inc. has failed to dissipate after its shares fell 50% from a February high, with volatile technology stocks under pressure.

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[–] AidsKitty@lemmy.world 27 points 3 days ago (7 children)

I just don't understand why a person would choose to invest in Reddit. What exactly is the value proposition here?

[–] ExLisper@lemmy.curiana.net 0 points 2 days ago

Reddit has proper moderation. As in actual people moderate it. It basically has a lot of content that was verified by 'experts'. And they do it for free.

In the age of bots, fake news and AI generated pages Reddit is a pretty good source of actual facts. Search engines lean on it more and more so it means there's bunch of money in it.

At least that was the plan. If people will stop moderating there because of politics it's worthless.

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