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Reddit Hires Instagram Head of Business Marketing Timo Pelz

Timo Pelz, after eight years at Instagram and Facebook, has been recruited to be Reddit’s first VP of business marketing. Pelz, who most recently served as Instagram’s head of business marketing, is tasked with setting go-to-market strategy for Reddit’s advertising products spanning the discussion site’s 100,000-plus communities. He will oversee all aspects of business marketing for managed and self-serve ad clients, including product messaging and events. Pelz, based in North Carolina, reports to Reddit CMO Roxy Young. “As we continue to scale our advertising business and expand to international markets, Timo will be instrumental in elevating and driving Reddit’s unique value proposition...
Beauty & FashionVice

Going Viral: How the Pandemic Led to the Rise of Indian Thrifting

It’s three P.M. on a Sunday afternoon and I can’t take my eyes off my phone. The buffering circle chases its tail. I refresh, switch networks, but the page doesn’t load any faster. When it does, the item is already up – a little green skirt I’d been eyeing since this particular thrift store announced its “drop.”

Online video is going through the roof

“Video now accounts for almost half of all time spent on Facebook,” announced Facebook CEO Mark Zuckerberg, during the Q2 earnings call last week. “Video, in particular, is becoming the primary way that people use our products and express themselves.”. Zuckerberg knows we’ve heard this before, and his infamous “pivot...

Reddit Taps Instagram Exec For First VP Business Marketing

Reddit has hired Timo Pelz as its first VP of business marketing to develop its strategy for advertising offerings across its more than 100,000 communities. Pelz joined Facebook in 2013 to lead vertical sales and marketing. He has in recent years been serving as head of business marketing for Instagram, where he led global business marketing across business and advertising solutions, including Stories, Explore, Branded Content, Shopping, Reels and IGTV.

Monthly House Rent Proposal by Fashola Rejected by Estate Surveyors

The Nigerian Institution of Estate Surveyors and Valuers have rejected the monthly house rent proposal of the Minister of Works and Housing, Babatunde Fashola. NIESV President, Emmanuel Wike, told journalists at a press briefing in Abuja on Sunday that although the institution would meet the minister on the matter, surveyors viewed Fashola’s position on monthly rent differently.