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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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1 year ago
I agree. They’ve already did this once before with Ellen Pao. She came in, played the villain and made changes that people didn’t like, and then went away and was replaced with a “nicer” CEO.

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