The Reddit Dilemma: A Valuation Puzzle Wrapped in a User Growth Conundrum Jim Cramer's unflinching endorsement of Reddit has sparked debate about valuation and growth prospects.
While the company's second quarter results show revenue rose 61% year over year to $805 million, with advertising revenue increasing by 64%, some experts remain skeptical.
Revenue growth is impressive, but stagnant user growth in the US – where daily active uniques increased only 6% year over year to 53.