Call me crazy, but I'm not sure what makes Reddit valuable, at all.
It's obviously popular... but valuable?
How?
Why?
For what?
It's obviously popular... but valuable?
How?
Why?
For what?
There's more to compel a person to go to Facebook than there is to Reddit. Many Reddit threads are more snark than real conversation. <shrug>
Nope they don't and Reddit hasn't really been heavily focused on ads. But they do have a large user base, very focused topics etc etc.
So setting up say a /r/games_of_thrones page, if I was HBO could be very lucrative or marketing my products to the subscribers.
> There's more to compel a person to go to Facebook than there is to Reddit.
Reddit has somewhere north of 200 million users, that is a large audience to ignore. So yes FB maybe king but Reddit has its place.
A valuation of $10 a user I would stay is quite low.