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Published 11 months ago by robmonk with 1 Comments
by robmonk
11 months ago 1

Fidelity has cut Reddit valuation by 41% since 2021 investment

Fidelity, the lead investor in Reddit's most recent funding round, has cut the estimated value of its stake in the social platform by 41%.

Continue Reading https://techcrunch.com

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  • 902102213
    +9

    So, treating your users and volunteer mods like garbage has a downside, after all. Good!

    10 months ago
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