DeadNinja@lemmy.world to Reddit@lemmy.world · 1 year agoThey finally did it: Reddit made it impossible for blind Redditors to moderate their own subwww.reddit.comexternal-linkmessage-square159fedilinkarrow-up11.68Karrow-down126cross-posted to: [email protected][email protected]
arrow-up11.66Karrow-down1external-linkThey finally did it: Reddit made it impossible for blind Redditors to moderate their own subwww.reddit.comDeadNinja@lemmy.world to Reddit@lemmy.world · 1 year agomessage-square159fedilinkcross-posted to: [email protected][email protected]
minus-squareLem453linkfedilinkarrow-up51·1 year agohttps://techcrunch.com/2023/06/30/fidelity-deepens-valuation-cut-for-reddit-and-discord/ Valued at 10 billion when fidelity bought an ownership stake in 2021. Currently they estimate Reddit is worth 5.6 billion Well done team, I bet the investor calls are going great!
minus-square🌴 𝓣𝓸𝓾𝓻𝓲𝓼𝓽@community.destinovate.comlinkfedilinkarrow-up32·1 year agoHow it started: what if we built a platform where people create and moderate the content, but we just make all the money? How it’s going:
minus-squarexilophor@programming.devlinkfedilinkarrow-up5·1 year agoIf I understand the article correctly, that 5.6 billion evaluation was at the end of May - before any of this shitshow started
https://techcrunch.com/2023/06/30/fidelity-deepens-valuation-cut-for-reddit-and-discord/
Valued at 10 billion when fidelity bought an ownership stake in 2021.
Currently they estimate Reddit is worth 5.6 billion
Well done team, I bet the investor calls are going great!
How it started: what if we built a platform where people create and moderate the content, but we just make all the money?
How it’s going:
If I understand the article correctly, that 5.6 billion evaluation was at the end of May - before any of this shitshow started