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A comment on Fidelity has cut Reddit valuation to $4.5B from $10B. Parent comment

Re:Fidelity has cut Reddit valuation to $4.5B from $10B by Stranger43 on Friday June 30, 2023 @08:19AM (#36533559)
But it's only really an subset of that demographic and i suspect the age spread reaches far lower then 18(reddit might pretend otherwise for regulatory purposes).

And i suspect a reason for the entire debacle is that a lot of the user base weren't seeing ads at all due to ad-blockers or the use of 3rd party apps.

It's a problem that also seems to plague twitch in that they simply aren't generating the revenue that's expected from the amount of traffic generated.

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Re:Fidelity has cut Reddit valuation to $4.5B from $10B by tourmalinetaco on Friday June 30, 2023 @03:42PM (#36541050)
> And i suspect a reason for the entire debacle is that a lot of the user base weren't seeing ads at all due to ad-blockers or the use of 3rd party apps.

Neither of which would be a problem for them if they didn’t remake and destroy the default UX on their desktop and made a functional app.

By pushing users to third party solutions they also pushed them off of the ads. Because if you want a web extension to redirect to “old.reddit.com”, why not throw an adblocker on top?

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