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Technology@beehaw.org · 1 year ago

Fidelity deepens valuation cut for Reddit and Discord

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Fidelity deepens valuation cut for Reddit and Discord

Sp00ky94@lemmy.fmhy.ml to

Technology@beehaw.org · 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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1 year ago
Probably one of the best outcomes. The worse their IPO is hit, the more it shows the effectiveness of user efforts at mobilisation.

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