Sp00ky94 ( Sp00ky94@lemmy.fmhy.ml ) to

Technology · 3 years ago

Fidelity deepens valuation cut for Reddit and Discord

304

Fidelity deepens valuation cut for Reddit and Discord

Sp00ky94 ( Sp00ky94@lemmy.fmhy.ml ) to

Technology · 3 years ago

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

Chat

donio ( donio@beehaw.org )
link
fedilink
arrow-up
1·
3 years 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.

Technology

You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !technology@beehaw.org

A nice place to discuss rumors, happenings, innovations, and challenges in the technology sphere. We also welcome discussions on the intersections of technology and society. If it’s technological news or discussion of technology, it probably belongs here.

Remember the overriding ethos on Beehaw: Be(e) Nice. Each user you encounter here is a person, and should be treated with kindness (even if they’re wrong, or use a Linux distro you don’t like). Personal attacks will not be tolerated.

Subcommunities on Beehaw:

This community’s icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.

Visibility: Public

This community can be federated to other instances and be posted/commented in by their users.

87 users / day
742 users / week
1.74K users / month
4.9K users / 6 months
5.11K local subscribers
43.8K subscribers
6.45K Posts
107K Comments
Modlog