The reason Reddit is worth $1 billion more than the NY Times is that investors favor Reddit's user-generated content model over NYT's costly content creation, despite profitability.
Here's a question for you!
Which media company do you think holds more value? Is it the one that raked in $800 million in revenue last year but ended up with a $90 million loss?
Or perhaps it's the company that brought in a whopping $2.4 billion and managed to secure a $232 million profit?
Time's up: The surprising answer is the former, the money-losing company. That's Reddit, the online forum that recently went public and now boasts a market capitalization of $8.15 billion.
Boeing has announced that Boeing CEO Dave Calhoun will resign after a long string of failures, and a board chaired by Steve Mollenkopf will select a new CEO.
Meanwhile, the profitable media company is The New York Times, currently valued at $7.2 billion.
One important thing to note is that Reddit's stock value ...
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