Fidelity has cut Reddit valuation by 41% since 2021 investment

submitted by SoCo from techcrunch.com

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[–]SoCo[S] 9 insightful - 1 fun9 insightful - 0 fun10 insightful - 1 fun -  (0 children)

They seem to be floundering to reorganize financially. The Government censorship bucks must have dried up. Let's not forget their valuation is much lower than they'd like investors to think.