Reddit IPO Filings Reveal the Company’s Hopes—and Fears
The amount of time Reddit reports that users spend with its service hasn’t significantly budged either. In September 2021, the company said that US users on average engaged for 28 minutes a day. It ticked up to 30 minutes that December. In December of 2023, the company specified a figure only for “logged-in” US users, though it clocked in at a similar 25 minutes to 30 minutes per day.Other data suggests that the stock of content on Reddit for users to peruse has been roughly constant recently, despite users’ continued…