Last summer the CEO said they aren't prioritizing monetized subreddits anymore which if memory serves me right a lot of shareholders were looking forward to as competition for OnlyFans. I did try and do a search on this but the results were bunch of topics from OF creators using Reddit asking for advice on how to promote themself, I had to rely on Claude for this information and news sources. Credit card processor compliance seems to be one of the hurdles they have to get through for this. If this isn't a priority I question where is the value/how are they planning to offer some value to shareholders? Ad revenue itself doesn't seem to justify its valuation.
Looking for all opinions, I have a fairly low cost basis and wasn't looking to add to my position. Exiting it is not out of the question.