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[–]Iam1ofMany 14 insightful - 3 fun14 insightful - 2 fun15 insightful - 3 fun -  (9 children)

I forgot to mention the other part, they said they were a small private company. I think, last I looked they were worth 3 billion, b for billion. I hope that has actually went down since last I looked but I fear it hasn't.

[–]jet199 4 insightful - 3 fun4 insightful - 2 fun5 insightful - 3 fun -  (6 children)

Worth that in theory.

I doubt they have anything near 3 bil in physical assets.

[–][deleted] 4 insightful - 3 fun4 insightful - 2 fun5 insightful - 3 fun -  (4 children)

only if it's cuz soon as they get cash they spend it but they surely get billions from advertisers, govts, rich assholes that want to use the site to manipulate opinions

[–][deleted]  (1 child)

[deleted]

    [–][deleted] 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (0 children)

    no shit sherlock

    [–]jet199 2 insightful - 2 fun2 insightful - 1 fun3 insightful - 2 fun -  (1 child)

    Nope. Their market worth will be mostly based on hype, estimates of potential profit and the estimated value of all their user data if they were to sell it (which is the real value). They are definitely not getting in billions in advertising.

    Really people need business education.

    [–][deleted] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

    direct opposite, the hype is years ago and proven, millions use it, it's not on facebook or instagram level but it's there, definitely getting billions between advertising, letting corporations ban certain wrongthink, letting shills run around etc.

    [–]HegeMoney 3 insightful - 2 fun3 insightful - 1 fun4 insightful - 2 fun -  (0 children)

    Good point.

    It could all be over in a weekend if public perception turned against them.

    They would still have their bots to jerk them off.

    [–]Trajan 3 insightful - 3 fun3 insightful - 2 fun4 insightful - 3 fun -  (1 child)

    ‘The front page of the Internet’, says Reddit.

    [–]theoracle 3 insightful - 2 fun3 insightful - 1 fun4 insightful - 2 fun -  (0 children)

    and notabug calls itself "the back page of the internet" lol