And the offering will come with a twist that could allow some of the most fervent of its more than 70 million daily users to buy shares in the IPO — an opportunity typically reserved for institutional investors. Reddit said it will reserve shares for top users to buy, based on their so-called “karma,” a term the platform uses to measure its users’ contributions and reputation on the site.
This is fucking hilarious. They're scamming the tranny jannies.
It'll be one of those IPO's where the masses get to buy in, then realize they have a particular type of stock that they cannot sell, except during specific time periods. Meanwhile the big players will have Type-A stock or whatever and get to dump them while the price is high from the publicity.
This is fucking hilarious. They're scamming the tranny jannies.
It'll be one of those IPO's where the masses get to buy in, then realize they have a particular type of stock that they cannot sell, except during specific time periods. Meanwhile the big players will have Type-A stock or whatever and get to dump them while the price is high from the publicity.