Agreed, I would argue that Spotify has a better quality than most FANGS as its revenues will increase, margins are expanding, it has also 20% of Mkt Cap in Cash and is the clear market leader.
For Reddit, it is still not making money but should next year. It does not burn cash and also has 15/20% of its Market Cap in cash on hands with no debt. Riskier than Blue Chips or Spotify for sure!
I’m following those stocks that will be alive in at least 10 years time, I don’t know if Spotify or Reddit would survive, technology changes very fast
Fair point! They will be alive for sure.