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RE: Steem may be overvalued - heres why
He gave reddit a 20 million evaluation based on the fact that their website has always been in the red and has never been able to monetize effectively.
He gave reddit a 20 million evaluation based on the fact that their website has always been in the red and has never been able to monetize effectively.
Reddit's valuation is now approaching $2 billion
http://www.businessinsider.com/reddit-funding-valuation-2017-7
And no, Steemit isn't worth more than Reddit.
Explanation for high upvote : https://steemit.com/steem/@transisto/temporarily-pausing-my-anti-abuse-efforts-while-sbd-is-off-the-chart
Yeah well most of their devs were bought off recently for about 3.5 million so that makes me wonder. Steemit isn't worth more than reddit currently, but it could be. (thats what I was trying to say).
You'll find (If you look hard enough) that most of these evaluation posts were paid for. In fact I most blog posts are bought and paid for if they don't already have an agenda (affiliates).