"Investors are fed up. Fidelity, which led Reddit’s $700 million funding round in 2021 with a $10 billion valuation, has cut its Reddit company valuation by 41% since it invested. This could scupper Reddit’s plans to eventually go public with a reported valuation of $15 billion."
Reddit CEO tells employees that subreddit blackout ‘will pass’ ( www.theverge.com )
Spez, and Reddit as a whole is basically counting on most subreddits opening back up tomorrow after the 48-hour period....