What we think about Reddit
Reddit was initially published as one of our 7investing Community's New Ideas in September 2024
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Background
The following comes directly from our initial Community recommendation. 7investing's opinions may differ from the person(s) who submitted this community research.
Extremely under-monetized. 10 years of 20% growth brings it to where $SNAP generates today. On the cusp of GAAP profitability.
Growth set to accelerate in part due to Generative AI boosting language translations (international users is astounding low for the platform). Stock trades at around 9x sales, not yet pricing in long growth runway.