Fidelity has cut Reddit valuation to $5.5B from $10Btechcrunch.comexternal-linkcross-posted to: technologysnoocalypse@lemmy.mltech@kbin.socialsnoocalypse@lemmy.mlreddit@lemmy.mltechnews@radiation.partytechnews@radiation.party Girlparts ( @Girlparts@kbin.social ) Reddit Migration@kbin.social • edit-21 year ago message-square55fedilinkarrow-up1334
arrow-up1334external-linkFidelity has cut Reddit valuation to $5.5B from $10Btechcrunch.com Girlparts ( @Girlparts@kbin.social ) Reddit Migration@kbin.social • edit-21 year ago message-square55fedilinkcross-posted to: technologysnoocalypse@lemmy.mltech@kbin.socialsnoocalypse@lemmy.mlreddit@lemmy.mltechnews@radiation.partytechnews@radiation.party
minus-square Pandantic ( @Pandantic@kbin.social ) linkfedilink148•1 year ago (Worth noting that the vast majority of markdown in the value of Reddit and Discord holdings by Fidelity predominantly occurred last year.) Oh, that means there’s more room to move down.
Oh, that means there’s more room to move down.