Reddit is all grown up. 🥹

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Transcript

19 segments

0:00

People that use Reddit use Reddit,

0:01

right? Hard to reintroduce people or

0:03

introduce people for the first time,

0:05

especially younger people, to a service

0:06

like that that's been around for so

0:07

long. They're probably on to something

0:09

completely new right now. That said,

0:11

they did develop a good advertising

0:12

model around it. They built community

0:14

around it and they built a ton of

0:15

engagement and engagement is the

0:17

currency of the 21st century. So, if

0:19

they have that and they have people

0:20

spending time and time spent continues

0:22

to grow, I think they'll continue to

0:24

grow in the stock price. And now that

0:27

they're a big part of the S&P 500, well,

0:29

they're going to be in a lot of index

0:30

funds all of a sudden.

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This analysis discusses Reddit's market position, noting the challenges of user acquisition for an established platform while highlighting its strong advertising model and high user engagement. The speaker suggests that consistent growth in time spent on the platform and its inclusion in the S&P 500 will likely benefit its stock performance.