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submitted 9 months ago by L4s@lemmy.world to c/technology@lemmy.world

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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[-] kraftpudding@lemmy.world 16 points 9 months ago

I wonder what's considered a power user. Because I got one, and I wouldn't have considered myself one...

[-] chiliedogg@lemmy.world 5 points 9 months ago

It's based on Karma or mod actions and the invites are going out in waves. I've taken a screenshot from reddit's faq page regarding the program that shows the tiers.

[-] kraftpudding@lemmy.world 2 points 9 months ago

Hm, 25k karma is not what I'd call a power user, but ok. Thanks for sharing.

[-] chiliedogg@lemmy.world 1 points 9 months ago

They'll only invite people at that level if nobody buys at the higher tiers.

[-] kraftpudding@lemmy.world 1 points 9 months ago

Oh, that makes more sense

[-] Furbag@lemmy.world 1 points 9 months ago

Imagine being in /r/centuryclub but still not being cool enough to get into the real exclusive club - Group 1 reddit IPO.

[-] Liz@midwest.social 1 points 9 months ago

That's literally the group they just offered to. So, I guess not enough people bought the first wave.

[-] Riven@lemmy.dbzer0.com 4 points 9 months ago

What's your approx upvote count if you don't mind me asking? I wonder what their criteria is.

[-] kraftpudding@lemmy.world 8 points 9 months ago

8 y.o. account, 23k post karma, 64k comment karma. So, not that much. Sadly can't tell you over how many posts/comments, because the API Tools that used to count that all are dead. Obviously.

[-] Ilgaz@lemm.ee 1 points 9 months ago

It looks like everyone big in crypto scam and market manipulation have such qualities. Most of them are alt right and Musk fans so it is easy to spot them.

[-] kraftpudding@lemmy.world 1 points 9 months ago
[-] Ilgaz@lemm.ee 1 points 9 months ago

Say a negative thing about Brave or any of alt right hate campaigns against anyone who likes diversity. They will keep down voting whatever you post/comment and insane things happen. E.g. 2 comments supporting the same idea in the same post scoring +20 and -20. The best thing to do against is not to be there at the first place. People who think they are highly technical, nerd, bright or have elite taste shouldn't work for Spez, for free.

[-] Riven@lemmy.dbzer0.com 1 points 9 months ago

Interesting. I haven't received anything and I've had my account for about the same amount of time but have 100k karma. Most of mine is also comment karma.

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

I have over 100k comment karma (and much less post) and got an invite. It's meaningless anyway as I am not a US citizen.

[-] kraftpudding@lemmy.world 2 points 9 months ago

Oh, for me too, I still find it interesting

[-] hydrospanner@lemmy.world 2 points 9 months ago

I got one a week ago.

I did some digging on who gets what when and over the course of about a week and a half they have three tiers.

I think the first was 200K+, then I think 50K+, and then 10K+ off the top of my head.

[-] jcg@halubilo.social 1 points 9 months ago

Are you a mod of something? Might be related to that, cause I got an invite too and the only thing I can think of is I have moderation activity.

[-] chiliedogg@lemmy.world 1 points 9 months ago

He's damn close to tier 2. With some of the behind-the-scenes Karma balancing stuff he may be at 100,000 total.

[-] Liz@midwest.social 1 points 9 months ago

Yeah they just started tier 2. I got an invite and I've abandoned all my accounts.

[-] Agent641@lemmy.world 2 points 9 months ago

I got one, and though I've accumulated a bunch of karma, I haven't been regularly active for months.

this post was submitted on 25 Feb 2024
423 points (100.0% liked)

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