Fidelity deepens valuation cut for Reddit and Discord

Fidelity has further slashed the estimated worth of its holding in social platform Reddit and chat app Discord as well as SaaS startup Gupshup, giving a preview into how the asset manager sees the impact of the ongoing slowdown in the public market on privately-held shares. Fidelity Blue Chip Growth Fund valued its holdings in […] Fidelity deepens valuation cut for Reddit and Discord by Manish Singh originally published on TechCrunch...