Itspetz retweeted
$RDDT
Google's reported $60M per year deal: expected to come up for renewal in early 2027, according to Baird.
OpenAI's estimated $70M per year deal: same expected timing, per Baird.
$RDDT's data is valuable because it's fresh, detailed conversations from people who obsess over niche topics. Human knowledge that keeps updating.
@ChrisCamillo argues these deals should be worth billions, or move to usage-based pricing: the more AI companies query Reddit's data, the more Reddit gets paid.
Angelista has brought it on herself. I am sorry I have no sympathy for her, she saw the photo and still decide not to recouple 🤣 #loveisland
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Itspetz retweeted
A QUARTER MILLION. WHAT.
My teenage self couldn't have believed I would be here at 22 years old. Thanks again $AMD.
I'll never forget the feeling of my family being in debt.
The worries. The stress. The arguments.
That's what motivated me to start investing and make my life different.
To never experience that again and never make my future kids go through that.
Work on your future NOW!
Tommy and Mica Should have left. I don’t like Simba but he’s right yhr vote was unfair for the new bombshells #loveisland
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Chidi and Mica do not simply work. Even Mica said she isn’t feeling it. At least Tommy and Halle are actually intimate #loveisland
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Itspetz retweeted
Take in if they re-negotiate LLM contracts their revenues would basically double overnight
Forward analyst estimates CLEARLY are not factoring that in here...
$RDDT
Itspetz retweeted
I bought $RDDT and $SHOP.
Reddit has been a name that’s always been on my watchlist, first real deep dive I did was at $230 and I stayed away because of valuation.
I think valuation concerns are more than resolved given the company has continued to grow and the stock has continued to go down.
Shopify has a more expensive valuation but I do not think the street is accurately pricing in their role in agentic commerce and really it’s quite laughable how aggressively the street is ignoring the quarter they just put up.
Both are absolutely massive compounders with accelerating growth that are down 40% YTD because they aren’t semiconductors.
Hoping they fall another 20% to add more.
Sold puts on $SHOP one month out for $90 and $RDDT at $130. Entry price on $RDDT is $142.57 and on $SHOP is $103.85.
I also love that both businesses are still run by their founders.
Looking to actually hold these names over the coming years so dips are likely and if the SaaS selloff or broader rotation out of anything semis gets worse than I would gladly welcome better prices.
Itspetz retweeted
In a league of his own.
Bruno Fernandes breaks the record for the most assists in a Premier League season!
Itspetz retweeted
SaaS companies are not getting the respect and the love especially when it comes to $RDDT.
