They finally did it: Reddit made it impossible for blind Redditors to moderate their own subDeadNinja@lemmy.world to Reddit@lemmy.world – 1236 points – 1 years agoreddit.com161Post a CommentPreviewYou are viewing a single commentView all commentsShow the parent commenthttps://techcrunch.com/2023/06/30/fidelity-deepens-valuation-cut-for-reddit-and-discord/ Valued at 10 billion when fidelity bought an ownership stake in 2021. Currently they estimate Reddit is worth 5.6 billion Well done team, I bet the investor calls are going great!How it started: what if we built a platform where people create and moderate the content, but we just make all the money? How it's going:If I understand the article correctly, that 5.6 billion evaluation was at the end of May - before any of this shitshow started
https://techcrunch.com/2023/06/30/fidelity-deepens-valuation-cut-for-reddit-and-discord/ Valued at 10 billion when fidelity bought an ownership stake in 2021. Currently they estimate Reddit is worth 5.6 billion Well done team, I bet the investor calls are going great!How it started: what if we built a platform where people create and moderate the content, but we just make all the money? How it's going:If I understand the article correctly, that 5.6 billion evaluation was at the end of May - before any of this shitshow started
How it started: what if we built a platform where people create and moderate the content, but we just make all the money? How it's going:
If I understand the article correctly, that 5.6 billion evaluation was at the end of May - before any of this shitshow started
https://techcrunch.com/2023/06/30/fidelity-deepens-valuation-cut-for-reddit-and-discord/
Valued at 10 billion when fidelity bought an ownership stake in 2021.
Currently they estimate Reddit is worth 5.6 billion
Well done team, I bet the investor calls are going great!
How it started: what if we built a platform where people create and moderate the content, but we just make all the money?
How it's going:
If I understand the article correctly, that 5.6 billion evaluation was at the end of May - before any of this shitshow started