105
Fidelity deepens valuation cut for Reddit and Discord
(techcrunch.com)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 01 Jul 2023
105 points (100.0% liked)
Technology
37706 readers
81 users here now
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.
founded 2 years ago
MODERATORS
There is the argument that these sites might not be able to be profitable to begin with...
Be it Twitter, Reddit or anyone else, I don't know how taking drastic, sudden measures to tighten the purse-strings, while giving the middle finget to users would work to increase or maintain its valuation.