[HN] Fidelity has cut Reddit valuation to $4.5B from $10B
[HN] Fidelity has cut Reddit valuation to $4.5B from $10B
techcrunch.com Fidelity deepens valuation cut for Reddit and Discord
Fidelity has further slashed the estimated worth of its holdings in Reddit and Discord as well as SaaS startup Gupshup.
[ comments | sourced from HackerNews ]
You're viewing a single thread.
5 comments
Idk if we should attribute this to the blackout as the article says "Worth noting that the vast majority of markdown in the value of Reddit and Discord holdings by Fidelity predominantly occurred last year".
It is interesting to see what they believe the value truly is but I'd love to see how much it was devalued recently.