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Fidelity cuts Reddit valuation again (techcrunch.com)

submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world

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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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[-] ItsaB3AR@sh.itjust.works 2 points 1 year ago

I wanna see the current or former patrons of r/WallStreet short Reddit to oblivion on the IPO. Spez should realize that if you piss off a large group, they can hit back when you’re most vulnerable.

this post was submitted on 30 Jun 2023

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