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A comment on Reddit raises $410M in new funding. Parent comment

Re:Reddit raises $410M in new funding by opinion-is-bad on Thursday August 12, 2021 @10:22PM (#28164601)
Well, they are kind of failing at their job in a big way, likely costing the company billions of dollars in the process. I don’t feel that bad for them. 5% of other socials in revenue per user is comically bad.
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Re:Reddit raises $410M in new funding by kevin_thibedeau on Friday August 13, 2021 @01:42AM (#28165816)
Taking in $400M at this stage is already a pretty sure sign of failure and that they don't know how to run a business. Probably too many MBAs busy optimizing their career ascendancy to be concerned with pesky details like competently securing revenue streams. It's not that hard to show ads to self-selecting niche audiences.
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Re:Reddit raises $410M in new funding by cpach on Friday August 13, 2021 @05:43AM (#28167097)
“It’s not that hard to show ads to self-selecting niche audiences.”

Perhaps not. Honest question though: Have you tried, at scale?

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Re:Reddit raises $410M in new funding by thrwyoilarticle on Friday August 13, 2021 @12:37PM (#28171179)
Give me half a billion and I'll certainly try
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Re:Reddit raises $410M in new funding by cpach on Friday August 13, 2021 @01:10PM (#28171634)
An MVP might come handy (^_^)
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