Possibly a bit biased from posting this on reddit but reddit stock but it's been one of the few ipos in recent years that been performing well since inception.
Idk about you but I tend to use reddit to find answers or opinions more than any other platform. Besides that marketing/ad revenue can be a real show stopper to continue growing if done right (cough meta and google)
I do see that the valuation is a bit rich with a p/s of 10x compared to something like meta and it's been around for 19 years so ita questionable if they can actually grow the way they should post ipo to be profitable.
Imo the reach for new users will continue to grow faster and faster thanks to their agreement with Google and OpenAi.
In addtion, there's a level of a distruptive/moat advantage considering this is the message board of the internet for all things. There's nothing quiet like this platform.
I suspect most will think of rddt as a speculative overvalued stock but I wanted to get a take from the folks on this subreddit.
What do you think? Is Reddit a worthy long term hold?
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