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A comment on Fidelity has cut Reddit valuation to $4.5B from $10B. Parent comment

Re:Fidelity has cut Reddit valuation to $4.5B from $10B by PogoPuppy on Friday June 30, 2023 @03:57PM (#36541286)
This would require a substantial increase in workforce for Reddit. I’m not sure this is plausible.
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Re:Fidelity has cut Reddit valuation to $4.5B from $10B by ericd on Friday June 30, 2023 @04:42PM (#36541961)
Why would it require an increase in the workforce? Automatic provisioning and charging monthly per API key isn’t rocket science. I’m sure they have enough engineers to tackle this if the revenue opportunity is significant.
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