CmdrMoto@lemmy.mltoReddit@lemmy.ml•Fidelity deepens valuation cut for Reddit and DiscordEnglish
4·
1 year agoFTA:
The updated share value suggests a $5.5 billion valuation for Reddit. […]
[…] currently grappling a revolt from moderators of some popular subreddits over API cost changes, was valued at $10 billion when the social media giant attracted funds in August 2021.
Well, this is certain to have absolutely no worrisome sequelae.