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A comment on Reddit Is Raising Funds at a Valuation of $1.7B. Parent comment

Re:Reddit Is Raising Funds at a Valuation of $1.7B by hn_throwaway_99 on Friday June 16, 2017 @10:43PM (#14574006)
I can believe your statistics are at least somewhere in the ballpark. Thus, I still have no idea how you get to a $1.7 billion valuation on $60 million in revenue, nevermind profit.
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Re:Reddit Is Raising Funds at a Valuation of $1.7B by MarkMc on Friday June 16, 2017 @11:02PM (#14574048)
Actually, I'm not so confident about the ballpark. My link also says there are about 1.3 billion unique visitors per month. So in addition to 20 million Reddit 'addicts' there could be 1.28 billion less-frequent users. If they are worth on average $0.01 per month that would be an additional $150 million per year in revenue.
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Re:Reddit Is Raising Funds at a Valuation of $1.7B by loceng on Friday June 16, 2017 @11:05PM (#14574055)
Value of the data and the potential that exists with it.
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