The WAN Show cover image

Ban me, Twitch! - WAN Show June 9, 2023

The WAN Show

00:00

Reddit Stock Marked Down by 40%

Fidelity, which led Reddit $700 million funding round in 2021 at a valuation of 10 billion has marked down the value of its Reddit stock by over 40% as of the end of April. Shares in the company would pass to our kids, but they'd be held in trust by the executor of our executors of our will. They would probably be subject to inheritance tax. So the kids would basically have to sell the company. This is a scary fuzzy math.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app