fieldhockey44@sh.itjust.works to Reddit@lemmy.mlEnglish · 1 year ago

Fidelity deepens valuation cut for Reddit, down from $10B in August 2021 to $5.5B in June 2023, nearly half in less than two years

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Fidelity deepens valuation cut for Reddit, down from $10B in August 2021 to $5.5B in June 2023, nearly half in less than two years

fieldhockey44@sh.itjust.works to Reddit@lemmy.mlEnglish · 1 year ago

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Fidelity deepens valuation cut for Reddit and Discord | TechCrunch

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

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