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Fidelity has cut Reddit valuation to $5.5B from $10B (techcrunch.com)

submitted 1 year ago* (last edited 1 year ago) by Girlparts@kbin.social to c/RedditMigration@kbin.social

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[-] billiam0202@lemmy.world 5 points 1 year ago

Rumor has it that Reddit wants to IPO at $15 billion. Hard to do that when you were worth $10 last year and are worth $4.5 this year.

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this post was submitted on 30 Jun 2023

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