RE: The Great Steemit Debate: Tone Vays vs. Jeff Berwick "Ponzi Scheme or Paradigm Shift?"

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The Great Steemit Debate: Tone Vays vs. Jeff Berwick "Ponzi Scheme or Paradigm Shift?"

in steem •  8 years ago 

Reddit is not worth anything close to $5B. More like $500M.

steem
8 years ago by

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      ·  8 years ago 

    Reddit was worth 500 million in 2014. Now its worth much more. http://www.newsweek.com/investors-think-reddit-worth-500-million-269108

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        ·  8 years ago 

      Since that round of funding, they've gone through a new management team, had slow growth, and struggled to figure out monetization.

      I love Reddit, but I can assure you that it has not increased its value 10x since 2014.

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