I have been reading hacker news for over 2 years. I started reading reddit last week when I learned about subreddits. The vast majority of my friends (all between 25-32) don't read reddit but are aware that it exists. There is an insane amount of growth that could happen there. I don't know much about their income, but saying "reddit is dead" or other comments because you don't think the quality is as good as it used to be is a stretch when saying the valuation shouldn't be $400m.
Seems to me like reddit could become the dominate messaging system and could be the best possible choice to replace craig's list if they decided to add classifieds.
It has huge growth potential and should not be underestimated so easily.
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I have been reading hacker news for over 2 years. I started reading reddit last week when I learned about subreddits. The vast majority of my friends (all between 25-32) don't read reddit but are aware that it exists. There is an insane amount of growth that could happen there. I don't know much about their income, but saying "reddit is dead" or other comments because you don't think the quality is as good as it used to be is a stretch when saying the valuation shouldn't be $400m.
Seems to me like reddit could become the dominate messaging system and could be the best possible choice to replace craig's list if they decided to add classifieds.
It has huge growth potential and should not be underestimated so easily.
You may need more than a few days on reddit before saying things like "reddit could [../] replace craigslist"