Girlparts@kbin.social to Reddit Migration@kbin.social · edit-22 years 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@kbin.social to Reddit Migration@kbin.social · edit-22 years agomessage-square89fedilinkcross-posted to: technology@beehaw.orgreddit@lemmy.mlsnoocalypse@lemmy.mltechnology@lemmy.worldtech@kbin.socialsnoocalypse@lemmy.mlreddit@lemmy.mlreddit@lemmy.worldnews@beehaw.org
minus-squaremilkytoast@kbin.sociallinkfedilinkarrow-up12·2 years agoit’s almost like not listening to your users doesn’t end well
minus-squareANuStart@kbin.sociallinkfedilinkarrow-up4·2 years ago4.5 billion still sounds well to me…
minus-squareBilliam@lemmy.worldlinkfedilinkarrow-up5·2 years 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-squareLynnTheChaoticWitch@feddit.nllinkfedilinkarrow-up4·2 years agoA fifty percent drop isn’t a good sign
minus-squareJaysyn@kbin.sociallinkfedilinkarrow-up3·2 years agoThis happened before the current kerfluffle.
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.