Reddit's explosive growth may continue

- Reddit's stock rose 40% last week, to $115/share - That's more than triple the company's share price at IPO - Reddit was trading at a multiple of 11.2x of 2025 revenue - Investors are betting that Reddit's growth will continue to grow - DAU figure up 47% year over year, to nearly 100 million - Reddit is growing much faster than most other social networks - Ad sales due to audience growth grew by 50% - It attracts thousands of new advertisers every quarter - The number of users who log in without an account is growing - DAU of such users for September showed an increase of 70% - Meanwhile, the DAU of those with an account grew 27% to 44.1 million - Most Reddit content is available in English - Machine translation will expand to 30+ countries by the end of 2025 - Reddit revenue could grow 29% by the end of 2025

Microsoft is a competitor to CoreWeave, but also a major customer

- Microsoft is probably CoreWeave's biggest customer - Over 2023-2030, it will spend approximately $10 billion on CoreWeave - At the same time, the total value of the contracts will already be $17 billion - Microsoft leases the AI servers that CoreWeave manages - CoreWeave boasts rapid growth in its sales - The startup's revenue could be around $2 billion by the end of 2024 - CoreWeave is likely t

UK fintech startup Wise's profits up 55%

- Wise's profit rose 55% on H1 FY 2025 results - It was helped by growth in customer numbers, market share and more. - Wise's H1 2025 profit was already £217.3 million - The number of active customers grew by 25% to 11.4 million - Its revenue grew 19% to $591.9m over the same period - Wise was able to reduce currency conversion costs, etc. - For the full FY 2025, revenue could grow 15-20% - The st

Reddit's explosive growth may continue

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