Investor warns Reddit’s failure to develop a mobile service has stymied growth
By John Glenday
Reddit’s lead investor has warned that the present chaos engulfing the entertainment and news website is more deep rooted than the recent outrage surrounding the sacking of a popular employee but actually stems from a failure to develop a mobile service in recent years.
Board member Sam Altman, who has ploughed $50m into the business, told the Financial Times that he believes Reddit’s current user base of 170m could be at least double that if it had been more active in the mobile sector.
Thus far Reddit has thrived on a diet of anarchic agglomeration of news, entertainment and social Read full story ›
Source: The Drum




