Girlparts@kbin.social to Reddit Migration@kbin.social · edit-21 year agoFidelity has cut Reddit valuation to $5.5B from $10Btechcrunch.comexternal-linkmessage-square88fedilinkarrow-up1319arrow-down10cross-posted to: technology@beehaw.orgreddit@lemmy.mlsnoocalypse@lemmy.mltechnology@lemmy.worldtech@kbin.socialsnoocalypse@lemmy.mlreddit@lemmy.mlreddit@lemmy.worldnews@beehaw.org
arrow-up1319arrow-down1external-linkFidelity has cut Reddit valuation to $5.5B from $10Btechcrunch.comGirlparts@kbin.social to Reddit Migration@kbin.social · edit-21 year agomessage-square88fedilinkcross-posted to: technology@beehaw.orgreddit@lemmy.mlsnoocalypse@lemmy.mltechnology@lemmy.worldtech@kbin.socialsnoocalypse@lemmy.mlreddit@lemmy.mlreddit@lemmy.worldnews@beehaw.org
minus-squaretorknorggrenlinkfedilinkarrow-up1·1 year agoAmazon, Google, others went years without profits. Not that it’s a great model for anything, but it gives enough investors hope that they give value to potentially worthless things.
Amazon, Google, others went years without profits. Not that it’s a great model for anything, but it gives enough investors hope that they give value to potentially worthless things.