Fidelity deepens valuation cut for Reddit and Discord | TechCrunch
techcrunch.com
Fidelity has further slashed the estimated worth of its holdings in Reddit and Discord as well as SaaS startup Gupshup.
  • Pandantic@kbin.social
    0·
    1 year ago

    (Worth noting that the vast majority of markdown in the value of Reddit and Discord holdings by Fidelity predominantly occurred last year.)

    Oh, that means there’s more room to move down.