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Fidelity deepens valuation cut for Reddit and Discord (techcrunch.com)

submitted 1 year ago by richardazia@kbin.social to c/tech@kbin.social

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Fidelity has further slashed the estimated worth of its holdings in Reddit and Discord as well as SaaS startup Gupshup.

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

RedHat is making waves lately too, and they're losing a lot of support from the open source community, which is where they really rose to prominence in the first place (can you say Fedora and Centos?) but while they should face a slight stumble over their final severing from the wider OSS community, they should do fine in the long term.