L4sBot@lemmy.worldMB to Technology@lemmy.worldEnglish · 1 year agoFidelity cuts Reddit valuation againtechcrunch.comexternal-linkmessage-square38fedilinkarrow-up1121arrow-down11file-textcross-posted to: technology@beehaw.orgredditsnoocalypsesnoocalypseredditreddit@lemmy.worldmeta@lemmy.intai.techRedditMigration@kbin.social
arrow-up1120arrow-down1external-linkFidelity cuts Reddit valuation againtechcrunch.comL4sBot@lemmy.worldMB to Technology@lemmy.worldEnglish · 1 year agomessage-square38fedilinkfile-textcross-posted to: technology@beehaw.orgredditsnoocalypsesnoocalypseredditreddit@lemmy.worldmeta@lemmy.intai.techRedditMigration@kbin.social
Fidelity has further slashed the estimated worth of its holdings in Reddit and Discord as well as SaaS startup Gupshup.
minus-squareUntitled9999@kbin.sociallinkfedilinkarrow-up1·1 year agoI would have thought that most people who didn’t want to use Reddit anymore have probably already stopped using it. But yes I hope to see more bad news for Reddit such as this diminished valuation.
I would have thought that most people who didn’t want to use Reddit anymore have probably already stopped using it.
But yes I hope to see more bad news for Reddit such as this diminished valuation.