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fieldhockey44@sh.itjust.works to Reddit@lemmy.mlEnglish · 2 years 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

techcrunch.com

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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

techcrunch.com

fieldhockey44@sh.itjust.works to Reddit@lemmy.mlEnglish · 2 years ago
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  • cross-posted to:
  • technology@beehaw.org
  • reddit@lemmy.ml
  • news@beehaw.org
Fidelity deepens valuation cut for Reddit and Discord
techcrunch.com
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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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