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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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[-] Pyr_Pressure@lemmy.ca 7 points 9 months ago

I got a message from them today and I haven't used reddit since last June or so. They must be desperate.

[-] ChairmanMeow@programming.dev 3 points 9 months ago

Same here. Quite bizarre too, since I'm not even a US citizen so I'm not even allowed to buy in. And surely based on their user data Reddit should know that...

[-] Scrollone@feddit.it 2 points 9 months ago

Just fill in the form anyway with fake data. I did it.

So they're going to send many useless invitations.

[-] Liz@midwest.social 2 points 9 months ago

I'm in exactly the same boat. I was tempted to buy exactly one share to gamble with, and then I thought about their monetization efforts and the fact that they're offering shares to a person who deleted every comment and post they ever made.

this post was submitted on 25 Feb 2024

423 points (100.0% liked)

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