In its IPO documents, Reddit said the price and volume of its stock could “experience extreme volatility for reasons unrelated to our underlying business.”
Considering they’re DMing certain Reddit users (their most active users, according to the DM) about being given a chance buy Reddit stock during the IPO (that’s not strictly PR speak; they’re actually setting aside some stock for their users), that’s entirely possible.
this smells like reddit getting desperate
Considering they’re DMing certain Reddit users (their most active users, according to the DM) about being given a chance buy Reddit stock during the IPO (that’s not strictly PR speak; they’re actually setting aside some stock for their users), that’s entirely possible.
They offered it to me. I’ve not been on reddit since the API issue kicked off.
Yeah, they sent it to me, too. For users, it’s based on total karma. For mods, it’s based on total mod actions taken.
Over 200K karma I read somewhere else
Well fuck, I had well over 200k karma. Why didn’t I get a buy-in offer I could tell them to fuck off for?
It’s karma + mod actions.
More accurately, it’s based on total karma OR total mod actions.
Yeah. I didn’t mod anything but was very active, and I got emailed a 1st round invitation.