this post was submitted on 30 Jun 2023
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Reddit Migration

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### About Community Tracking and helping #redditmigration to Kbin and the Fediverse. Say hello to the decentralized and open future. To see latest reeddit blackout info, see here: https://reddark.untone.uk/

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Fidelity has cut Reddit valuation to $5.5B from $10B (techcrunch.com)
submitted 1 year ago by [email protected] to c/[email protected]
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[–] [email protected] 1 points 1 year ago

Reddit has very little intrinsic value. Its value comes from its userbase and isn't Reddit's to own.