L4sBot@lemmy.worldMB to Technology@lemmy.worldEnglish · 2 years agoFidelity cuts Reddit valuation againtechcrunch.comexternal-linkmessage-square40fedilinkarrow-up160arrow-down10file-textcross-posted to: technology@beehaw.orgreddit@lemmy.mlsnoocalypse@lemmy.mlmodcoord@lemmit.onlinetech@kbin.socialsnoocalypse@lemmy.mlreddit@lemmy.mlRedditMigration@kbin.socialnews@beehaw.org
arrow-up160arrow-down1external-linkFidelity cuts Reddit valuation againtechcrunch.comL4sBot@lemmy.worldMB to Technology@lemmy.worldEnglish · 2 years agomessage-square40fedilinkfile-textcross-posted to: technology@beehaw.orgreddit@lemmy.mlsnoocalypse@lemmy.mlmodcoord@lemmit.onlinetech@kbin.socialsnoocalypse@lemmy.mlreddit@lemmy.mlRedditMigration@kbin.socialnews@beehaw.org
Fidelity has further slashed the estimated worth of its holdings in Reddit and Discord as well as SaaS startup Gupshup.
minus-squareresidentmarchant@lemmy.worldlinkfedilinkEnglisharrow-up2·edit-22 years agoReddit has (very very likely) had a board ever since their first VC investment round in 2005, the board is backing this otherwise Spez would get voted out in a heartbeat
Reddit has (very very likely) had a board ever since their first VC investment round in 2005, the board is backing this otherwise Spez would get voted out in a heartbeat