u/ResponsibleHousing79

Reddit has 130M+ DAU, 22B+ comments, is the 6th most-visited site, and has finally reached a profitability inflection point after ~20 years. The market is focused on Google traffic dependency, but Reddit’s community data and ad-targeting moat remain intact, creating a potential entry after the sharp drawdown. Long-term value opportunity in Reddit if the valuation is reasonable after the pullback; business quality and data advantages support holding through volatility. Loss of Google search traffic (estimated 30-50% of traffic), user backlash to aggressive ads, and valuation still pricing in high future growth.