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

  • @linearchaos
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    281 year ago

    5.5 billion … BILLION that’s with a B

    Moderators are volunteers

    Content is subject to right be forgotten

    Management is mostly hostile and toxic

    Management is driving away the content creators.

    If they decapitated the management (not literally…well…no this is not constructive) and made the API cheap as balls, you might retain the existing users and pull half that are leaving back.

    There’s not 5B in advertising opportunity there. Any company that wanted to get out in front of their customers is already in there talking to them for free.

    • @Haha
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      11 year ago

      They wanted to put me behind a paywall, I wouldn’t have mind to be treated like a cheap hoe. Why you valuing me at 10b, baby, I just wanna be rent free…