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[HN] Fidelity has cut Reddit valuation to $4.5B from $10B (techcrunch.com)

submitted 2 years ago by [email protected] to c/[email protected]

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[–] evolatic 5 points 2 years ago

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.

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