Fidelity has cut Reddit valuation by 41% since 2021 investment

#News

Fidelity has cut Reddit valuation by 41% since 2021 investment

Fidelity, the lead investor in Reddit’s most recent funding round in 2021, has slashed the estimated worth of its equity stake in the popular social media platform by 41% since the investment. Fidelity Blue Chip Growth Fund’s stake in Reddit was valued at $16.6 million as of April 28, according to the fund’s monthly disclosure […]

Fidelity has cut Reddit valuation by 41% since 2021 investment by Manish Singh originally published on TechCrunch

Fidelity has cut Reddit valuation by 41% since 2021 investment

2023-06-02 08:03

17 views

Same Tag Posts

  1. MIT’s soft robotic system is designed to pack groceries ()
  2. Gemini’s data-analyzing abilities aren’t as good as Google claims ()
  3. The biggest data breaches in 2024: 1B stolen records and rising ()
  4. Apple finally supports RCS in iOS 18 update ()
  5. YC alum Fluently’s AI-powered English coach attracts $2M seed round ()
  6. NASA and Boeing deny Starliner crew is ‘stranded’: “We’re not in any rush to come home” ()
  7. Forget the debate, the Supreme Court just declared open season on regulators ()
  8. Robotics investments are gaining speed after post-pandemic slowdown ()
  9. Hebbia raises nearly $100M Series B for AI-powered document search led by Andreessen Horowitz ()
  10. Agility’s humanoid robots are going to handle your Spanx ()

Same Category Posts