Girlparts@kbin.social to Reddit Migration@kbin.social · 2 years agoFidelity has cut Reddit valuation to $5.5B from $10Btechcrunch.comexternal-linkmessage-square22fedilinkarrow-up114arrow-down10cross-posted to: technology@beehaw.orgredditsnoocalypsetechnology@lemmy.worldsnoocalypseredditreddit@lemmy.worldmeta@lemmy.intai.tech
arrow-up114arrow-down1external-linkFidelity has cut Reddit valuation to $5.5B from $10Btechcrunch.comGirlparts@kbin.social to Reddit Migration@kbin.social · 2 years agomessage-square22fedilinkcross-posted to: technology@beehaw.orgredditsnoocalypsetechnology@lemmy.worldsnoocalypseredditreddit@lemmy.worldmeta@lemmy.intai.tech
minus-squarePandantic@kbin.sociallinkfedilinkarrow-up1·2 years ago (Worth noting that the vast majority of markdown in the value of Reddit and Discord holdings by Fidelity predominantly occurred last year.) Oh, that means there’s more room to move down.
Oh, that means there’s more room to move down.