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Reddit Is Letting Power Users In on Its IPO. Not Everyone’s Buying (www.wired.com)

submitted 9 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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[-] hamid@lemmy.world 12 points 9 months ago

I got the invite but unprofitable companies don't really make up a large part of my portfolio

[-] macrocephalic@lemmy.world 4 points 9 months ago

Exactly. It might be that the content they own (that we have them) is worth enough for them to be profitable, but I'm not going to put money down now based on something that might happen later. They're not a startup, they've been operating nearly 20 years!

[-] Scrollone@feddit.it 1 points 9 months ago

Fill in their form with fake data ;)

this post was submitted on 25 Feb 2024

423 points (100.0% liked)

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