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user-inactivated · 2584 days ago · link · · parent · post: Reddit raised $200 million in funding and is now valued at $1.8 billion
Much like the more widely known Skyscraper Index I wonder if we need to develop a "social media website" index. When people start dropping millions on valuing shitposting and trolling, then you know that a Silicon Valley VC crash is incoming. And seriously, 200 million for reddit of all things? Have they ever made money?