World News@beehaw.orgEnglish · 1 year ago

Fidelity deepens valuation cut for Reddit and Discord

techcrunch.com

Fidelity deepens valuation cut for Reddit and Discord

techcrunch.com

khoplex@lemmy.one to

World News@beehaw.orgEnglish · 1 year ago

Fidelity has further slashed the estimated worth of its holdings in Reddit and Discord as well as SaaS startup Gupshup.

Chat

Rexios@lemm.ee
link
fedilink
English
arrow-up
1·
1 year ago
A little surprise that Discord is losing so much value, but Reddit deserves it

World News@beehaw.org

news@beehaw.org

Create a post

You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !news@beehaw.org

Breaking news from around the world.

News that is American but has an international facet may also be posted here.

Guidelines for submissions:

Where possible, post the original source of information.
- If there is a paywall, you can use alternative sources or provide an archive.today, 12ft.io, etc. link in the body.
Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.
Do not post ragebait or shock stories. These will be removed.
Do not post tabloid or blogspam stories. These will be removed.
Social media should be a source of last resort.

These guidelines will be enforced on a know-it-when-I-see-it basis.

For US News, see the US News community.

This community’s icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.

Visibility: Public

This community can be federated to other instances and be posted/commented in by their users.

197 users / day
591 users / week
1.08K users / month
2.75K users / 6 months
341 local subscribers
22.1K subscribers
3.63K Posts
19.5K Comments
Modlog