Re:Fidelity has cut Reddit valuation to $4.5B from $10B
by time0ut on Friday June 30, 2023 @09:41AM
(#36534721)
An intelligent leader would have found a solution that aligned incentives between the company and its users/customers and communicated it in a way that most rational users/customers would accept. I'm a sample size of one, but the freedom to choose my client and maybe some smaller perks would have converted me from a long time free user to a premium user assuming the price was reasonable. Instead it converted me from a free user to a non-user.
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Re:Fidelity has cut Reddit valuation to $4.5B from $10B
by aaomidi on Friday June 30, 2023 @02:12PM
(#36539608)
The intelligent action here would've been a profit sharing model with the third party apps and Reddit.
This would've also created an internal competition for Reddit to improve their app.
The profit sharing didn't need to be that large either. 5-10% would've been huge.