[HN] Fidelity has cut Reddit valuation to $4.5B from $10B

irradiated ( @irradiated@radiation.party ) MB TechNews@radiation.party • 1 year ago

1

36

[HN] Fidelity has cut Reddit valuation to $4.5B from $10B

irradiated ( @irradiated@radiation.party ) MB TechNews@radiation.party • 1 year ago

1

Fidelity deepens valuation cut for Reddit and Discord

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

[ comments | sourced from HackerNews ]

You must log in or register to comment.

HotTopNewOld

Chat

ironsoap ( @ironsoap@lemmy.one )
link
fedilink
10•1 year ago
Now that’s a result the Reddit board can act on, although it’s likely to late even if they did.