Fidelity deepens valuation cut for Reddit and Discord

Sp00ky94 ( @Sp00ky94@lemmy.fmhy.ml )

Technology • 1 year ago

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Fidelity deepens valuation cut for Reddit and Discord

Sp00ky94 ( @Sp00ky94@lemmy.fmhy.ml )

Technology • 1 year ago

Fidelity has further slashed the estimated worth of its holdings in Reddit and Discord as well as SaaS startup Gupshup.

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donio ( @donio@beehaw.org )
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1 year ago
My guess is that it’s more than that it just hasn’t been priced in yet. You don’t want this sort of stuff in your IPO risk disclosure.

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