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Fidelity has cut Reddit valuation to $5.5B from $10B
(techcrunch.com)
It's almost like loudly announcing contempt for your userbase is not good for a website where virtually 100% of their value is derived from the loyalty of their users
Let’s be honest, 10 billion valuation was from august 2021 when cash was floating around everywhere.
Of course it’s not worth it anymore, I’m not sure at all it’s related to the protest but more too the current economic state
imma need about tree fiddy
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