Not for their investors who put in $200m and want a return.
I use Reddit daily, but it's days are numbered. Having Facebook acquire them I think is it's only saving grace. I use the word "it" deliberately, because Reddit is now in the hands of its VCs.
WhatsApp was an incredible success for its investors. Not so much for its acquirer. Look hard enough and you'll find M&A doesn't always pan out as expected, even at the $1B value range.