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Technology@lemmy.worldEnglish · 1 year ago

Fidelity cuts Reddit valuation again

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Fidelity cuts Reddit valuation again

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Technology@lemmy.worldEnglish · 1 year ago

Fidelity deepens valuation cut for Reddit and Discord

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

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

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residentmarchant@lemmy.world
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1 year ago
Reddit has (very very likely) had a board ever since their first VC investment round in 2005, the board is backing this otherwise Spez would get voted out in a heartbeat

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