New York
Why investors think Reddit is worth $1 billion more than The New York Times
The New York Times is the gold standard for modern media companies. But free content is free content. Reddit is winning on that count.
For now, investors think Reddit is worth more than The New York Times Co.Robert Nickelsberg/Getty Images; Chelsea Jia Feng/BI
- Reddit, which loses money, is currently worth around $8.15 billi… [+2649 chars]
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