this post was submitted on 30 Jun 2023
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134
Fidelity cuts Reddit valuation again (techcrunch.com)
submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world
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Fidelity has further slashed the estimated worth of its holdings in Reddit and Discord as well as SaaS startup Gupshup.

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[–] Untitled9999@kbin.social 1 points 1 year ago

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.