You are viewing a single comment's thread from:RE: The Great Steemit Debate: Tone Vays vs. Jeff Berwick "Ponzi Scheme or Paradigm Shift?"View the full contextView the direct parentntomaino (63)in #steem • 8 years ago Reddit is not worth anything close to $5B. More like $500M.
Reddit was worth 500 million in 2014. Now its worth much more. http://www.newsweek.com/investors-think-reddit-worth-500-million-269108
Since that round of funding, they've gone through a new management team, had slow growth, and struggled to figure out monetization.
I love Reddit, but I can assure you that it has not increased its value 10x since 2014.