The stock market should factor in everything, including the propensity to cheat the numbers.
Which means not growing user numbers is probably a tipping point; the more bots they let in, the more actual people they lose so reddit can't keep the numbers growing.
That's why they spent +$14m R&D on translation so they can say 'but look international is still growing' to blunt the idea they have peaked.
Half of all reddit traffic is also curated bots.
Meaning only 25% of reddit is actually people.
Then half of that 25% is just porn posting and advertisers.
So really only about 12% of reddit is people.
The stock market should factor in everything, including the propensity to cheat the numbers.
Which means not growing user numbers is probably a tipping point; the more bots they let in, the more actual people they lose so reddit can't keep the numbers growing.
That's why they spent +$14m R&D on translation so they can say 'but look international is still growing' to blunt the idea they have peaked.
Are you saying 12% of reddit is responsible for 50% of the --