Einar@lemmy.ml to SNOOcalypse - document, discuss, and promote the downfall of Reddit.@lemmy.mlEnglish · 1 year ago

Fidelity deepens valuation cut for Reddit and Discord

7

7

Fidelity deepens valuation cut for Reddit and Discord

Einar@lemmy.ml to SNOOcalypse - document, discuss, and promote the downfall of Reddit.@lemmy.mlEnglish · 1 year ago

7

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

Chat

AfricanExpansionist@lemmy.ml
link
fedilink
English
arrow-up
4·
1 year ago
I really wonder if they aren’t going to just sell it to a language model company and walk away from it
- Lvxferre@lemmy.mlM
  link
  fedilink
  English
  arrow-up
  1·
  edit-2
  1 year ago
  Nah. Why would someone buy it, if they can scrape it? They don’t even need API usage, let alone buy Reddit.

SNOOcalypse - document, discuss, and promote the downfall of Reddit.@lemmy.ml

snoocalypse@lemmy.ml

You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !snoocalypse@lemmy.ml

Community locked: only moderators can create posts. You can still comment on posts.

SNOOcalypse is closing down. If you wish to talk about Reddit, check out !reddit@lemm.ee, !reddit@lemmy.world and !RedditMigration@kbin.social.

This community welcomes anyone who wants to see Reddit gone. Nuke the Snoo!

When sharing links, please also share an archived version of the target of your link.

Rules:

Follow lemmy.ml’s global rules and code of conduct.
Keep it on-topic.
Don’t promote illegal stuff here.
Don’t be stupid, noisy, obnoxious or obtuse (S.N.O.O.)
Have fun, and enjoy the popcorn! 🍿

Visibility: Public

This community can be federated to other instances and be posted/commented in by their users.

1 user / day
1 user / week
1 user / month
14 users / 6 months
1 local subscriber
4.68K subscribers
176 Posts
2.98K Comments
Modlog

mods:
Lvxferre@lemmy.ml