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by derekpankaew 1110 days ago
Christian's math assumes every MAU is worth the same. He took $600 million in revenue and divided it by 430 million MAU, to get to $0.12 per user.

In reality, the value of a MAU varies a ton by geography (and other factors).

For Meta, in 2023, US and Canada traffic is worth $48/yr, while developing world traffic is $3.35/yr. A ~15x difference.

https://www.statista.com/statistics/251328/facebooks-average...

The typical Apollo user is probably much higher value than the average Reddit user, so the opportunity cost is higher as well.