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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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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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  • animist
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    1•2 years ago

    lol suck it MBA douchebros

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