Ask HN: Should Google Buy Reddit?
5 by graeme | 1 comments on Hacker News.
Prompted by people on twitter saying Google has become useless since the shutdown as you can’t search stuff like “Aeron chair review reddit” Reddit wants to go public at around $15 billion. Fidelity has marked it down to around $11 billion. Assume fair value somewhere in that range. More expensive than your average google acquisition but they get: 1. A guarantee that Reddit won’t run Reddit into the ground and/or do away with the text based communities that power google 2. The ability to run google’s ad network on reddit, including reddit video. Google could surely get more profit from the content than reddit does Is this insane? There’s probably also some leverage for Bard as we enter the AI era Reddit was even run in a hands off way during the Conde Nast era. Google could emulate that