Fidelity cuts Reddit valuation again(techcrunch.com)

posted 1 year ago

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

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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.

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