Girlparts to Reddit Migration@kbin.social • edit-21 year agoFidelity has cut Reddit valuation to $5.5B from $10Btechcrunch.comexternal-linkmessage-square89fedilinkarrow-up1333cross-posted to: technology@beehaw.orgreddit@lemmy.mlsnoocalypse@lemmy.mltechnology@lemmy.worldtech@kbin.socialsnoocalypse@lemmy.mlreddit@lemmy.mlreddit@lemmy.worldnews@beehaw.org
arrow-up1333external-linkFidelity has cut Reddit valuation to $5.5B from $10Btechcrunch.comGirlparts to Reddit Migration@kbin.social • edit-21 year agomessage-square89fedilinkcross-posted to: technology@beehaw.orgreddit@lemmy.mlsnoocalypse@lemmy.mltechnology@lemmy.worldtech@kbin.socialsnoocalypse@lemmy.mlreddit@lemmy.mlreddit@lemmy.worldnews@beehaw.org
minus-squaremilkytoastlinkfedilink12•1 year agoit’s almost like not listening to your users doesn’t end well
minus-squareBilliamlinkfedilink5•1 year agoRumor has it that Reddit wants to IPO at $15 billion. Hard to do that when you were worth $10 last year and are worth $4.5 this year.
minus-square@LynnTheChaoticWitch@feddit.nllinkfedilink4•1 year agoA fifty percent drop isn’t a good sign
it’s almost like not listening to your users doesn’t end well
4.5 billion still sounds well to me…
Rumor has it that Reddit wants to IPO at $15 billion. Hard to do that when you were worth $10 last year and are worth $4.5 this year.
wee bit worse than 10b
not if that’s the amount you lost
A fifty percent drop isn’t a good sign
This happened before the current kerfluffle.