this post was submitted on 30 Jun 2023
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Reddit Migration

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### About Community Tracking and helping #redditmigration to Kbin and the Fediverse. Say hello to the decentralized and open future. To see latest reeddit blackout info, see here: https://reddark.untone.uk/

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Fidelity has cut Reddit valuation to $5.5B from $10B (techcrunch.com)
submitted 1 year ago* (last edited 1 year ago) by Girlparts@kbin.social to c/RedditMigration@kbin.social
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[–] ANuStart@kbin.social 6 points 1 year ago (2 children)

4.5 billion still sounds well to me...

[–] milkytoast@kbin.social 5 points 1 year ago (1 children)

wee bit worse than 10b

[–] Poppamunz@kbin.social 2 points 1 year ago

not if that's the amount you lost

[–] LynnTheChaoticWitch@feddit.nl 4 points 1 year ago

A fifty percent drop isn’t a good sign