Fidelity deepens valuation cut for Reddit and Discord
techcrunch.com
Fidelity has further slashed the estimated worth of its holdings in Reddit and Discord as well as SaaS startup Gupshup.

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

  • Buffalox@lemmy.worldEnglish
    3·
    1 year ago

    Tomorrow the power users leave

    Today the app users are forced away.

    We can already see lemmy.world has grown 15% or 8k users in half a day. If that’s representative, the coming days will be worse for reddit than the blackout and protest period.

    That was what I meant, that for reddit the shit hits the fan today for real, as in the consequences of their decision will hit harder when they are actually implemented.