this post was submitted on 25 Feb 2024
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Reddit Is Letting Power Users In on Its IPO. Not Everyone’s Buying (www.wired.com)
submitted 10 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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[–] Agent641@lemmy.world 4 points 10 months ago

The users generate the content. The users control ad viewership and thus revenue. Inviting power users to invest as retail investors is insider trading.