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1.0Science and Nerdshttps://scienceandnerds.comadminhttps://scienceandnerds.com/author/admin/Fidelity cuts Reddit valuation by 41% - Science and Nerdsrich600338<blockquote class="wp-embedded-content" data-secret="XmR8MWtn7S"><a href="https://scienceandnerds.com/2023/06/01/fidelity-cuts-reddit-valuation-by-41/">Fidelity cuts Reddit valuation by 41%</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://scienceandnerds.com/2023/06/01/fidelity-cuts-reddit-valuation-by-41/embed/#?secret=XmR8MWtn7S" width="600" height="338" title="“Fidelity cuts Reddit valuation by 41%” — Science and Nerds" data-secret="XmR8MWtn7S" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script>
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https://scienceandnerds.com/wp-content/uploads/2023/06/fidelity-cuts-reddit-valuation-by-41_64790fe16b155.jpeg600400Source:https://techcrunch.com/2023/06/01/fidelity-reddit-valuation/ Fidelity cuts Reddit valuation by 41% 2023-06-01 21:38:40 Fidelity, the lead investor in Reddit’s most-recent funding round, has slashed the estimated worth of its equity stake in the popular social media platform by 41%, the latest high-profile write-down amid a weakening worldwide economy on public markets. Fidelity Blue Chip Growth Fund’s stake in Reddit […]