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Comment by Capricorn2481

> Worth noting that the vast majority of markdown in the value of Reddit and Discord holdings by Fidelity predominantly occurred last year

Marking down Discord as well. Not sure any of this can be attributed to the blackout. But I wonder if Spez has been slowly feeling the IPO money bleed out and panicked early this year. Maybe that's why he had such a sudden 180 on policies.

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