Fidelity has further slashed the estimated worth of its holdings in Reddit and Discord as well as SaaS startup Gupshup.
4 points
*
Tomorrow the power users leave
Today the app users are forced away.
We can already see lemmy.world has grown 15% or 8k users in half a day. If that’s representative, the coming days will be worse for reddit than the blackout and protest period.
That was what I meant, that for reddit the shit hits the fan today for real, as in the consequences of their decision will hit harder when they are actually implemented.
