Reddit Passes Snap

You’re likely distracted right now by election results, which have surely started rolling in as you’re reading. Rather than add to all the premature speculation on the topic, we think creating an election-free zone would be more useful. Below we recommend some things you can do tonight other than watch the news channels.

Before we get to that, consider this fascinating factoid: A 12% rally today lifted Reddit’s market capitalization to $21.5 billion. That makes Reddit more valuable than Snap, which has four times as many users and four times as much revenue. (See our True Value analysis on Reddit today).