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shoelace, 1 year ago to RedditMigration in Fidelity has cut Reddit valuation to $5.5B from $10B It's not related to the migration. The article said the lower valuation is as of May 31, before all the backlash on reddit began.
It's not related to the migration. The article said the lower valuation is as of May 31, before all the backlash on reddit began.