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 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.

3 crosspost

Technology @beehaw.org Fidelity deepens valuation cut for Reddit and Discord

Technology @lemmy.world Fidelity cuts Reddit valuation again

SNOOcalypse - document, discuss, and promote the downfall of Reddit. @lemmy.ml Fidelity deepens valuation cut for Reddit and Discord