this post was submitted on 30 Jun 2023
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Reddit Migration

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Fidelity has cut Reddit valuation to $5.5B from $10B (techcrunch.com)
submitted 1 year ago* (last edited 1 year ago) by Girlparts@kbin.social to c/RedditMigration@kbin.social
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[–] copium@kbin.social 2 points 1 year ago

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