this post was submitted on 30 Jun 2023
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Reddit's Valuation Has Fallen Even Further, Fidelity Says (gizmodo.com)
submitted 1 year ago by L4s to c/technology
55 comments fedilink hide all child comments
 

Fidelity estimates Reddit's holdings are at $15.4 million, which is down over 7% from the fund’s estimates of $16.6 million from this past April.

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[–] Pinecone 4 points 1 year ago

Where do you get the idea reddit is not as big as Instagram? It has just as much traffic as wikipedia and Amazon in the U.S.