this post was submitted on 25 Feb 2024
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418
Reddit Is Letting Power Users In on Its IPO. Not Everyone’s Buying (www.wired.com)
submitted 8 months ago by [email protected] to c/[email protected]
128 comments fedilink hide all child comments
 

Reddit Is Letting Power Users In on Its IPO. Not Everyone’s Buying::Reddit says it wants to reward users by letting them buy into the company’s public listing. Some say it’s too risky—others say they won’t pay a company they’ve already given hours of free labor to.

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[–] [email protected] 59 points 8 months ago (3 children)

I got an invite, too. I reported of as spam.

[–] [email protected] 21 points 8 months ago* (last edited 8 months ago) (1 children)

I also got one. I have a little bit of money sitting in a brokerage holding account, and I was already thinking of buying a single share as a joke (so I had the option to heckle them "as an investor in the company"). But I wouldn't do it via their stupid IPO insider process. That requires the buyer to share some PII with reddit. And I don't trust them as far as I could throw them.

[–] [email protected] 8 points 8 months ago (1 children)

How far could you throw reddit?

[–] [email protected] 2 points 8 months ago

Have you seen the reddit meetups?

Not very far my friend.

[–] [email protected] 1 points 8 months ago

Please also fill in their form with fake data

[–] [email protected] -4 points 8 months ago

No you didn't. Your fantasies don't count.