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.

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.

  • Tyfud@lemmy.worldEnglish
    141·
    9 months ago

    It can take longer for the market to realize you’re correct, than you can remain solvent for.

    • just_another_person@lemmy.worldEnglish
      1·
      9 months ago

      It’s literally a cooked plan with the SEC. If you file, it is expected on a timeline. There is literally no avenue to back down that doesn’t spell the end of your filing. Look it up. It’s only happened a few times, and to spectacular disaster.