this post was submitted on 25 Feb 2024
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Reddit Is Letting Power Users In on Its IPO. Not Everyone’s Buying (www.wired.com)
submitted 8 months ago by L4s@lemmy.world to c/technology@lemmy.world
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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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[–] Treczoks@lemmy.world 52 points 8 months ago (2 children)

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

[–] ThePowerOfGeek@lemmy.world 17 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.

[–] Jackhammer_Joe@lemmy.world 5 points 8 months ago (1 children)

How far could you throw reddit?

[–] Patches@sh.itjust.works 0 points 8 months ago

Have you seen the reddit meetups?

Not very far my friend.

[–] latetolemmy@lemmy.world -1 points 8 months ago

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