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BlueTigerLion 02/21/24 5:24:42 PM #1: |
https://www.reuters.com/markets/deals/reddit-plans-reserve-shares-its-big-users-ipo-wsj-reports-2024-02-21/
Social media platform Reddit plans to sell a chunk of its IPO shares to its platform's users, the Wall Street Journal reported, on Wednesday. It aims to reserve an as-yet-undetermined number of shares for 75,000 of its most prolific so-called redditors when it goes public next month, the report said, citing people familiar with the matter. The users will have the opportunity to buy Reddit shares at its initial public offering (IPO) price before the stock starts trading, a privilege normally reserved only for big investors, the report said.The San Francisco-based company, which was valued at about $10 billion in a funding round in 2021, declined to comment. Reuters in January reported that Reddit has drawn up detailed plans for its IPO in March. It had filed confidentially for its IPO back in December 2021. The IPO market has not yet fully recovered as it has been struggling for the last two years with low volumes while several new entrants trade below their IPO prices. How about that Reddit users having the ability to make money them going public and having a stake in company. Found out while GameFAQs was read only. --- Hey now. ... Copied to Clipboard!
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BlueTigerLion 02/22/24 4:04:41 PM #2: |
bump
--- Hey now. ... Copied to Clipboard!
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furb 02/22/24 4:05:40 PM #3: |
I hope gamefaqs does this too got high karma users.
--- You know how fads are. Today it's brains, tomorrow, pierced tongues. Then the next day, pierced brains. -Jane Lane ... Copied to Clipboard!
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BlueTigerLion 02/22/24 4:10:19 PM #4: |
furb posted...
I hope gamefaqs does this too got high karma users. GameFAQS isn't an independent company. They are owned by Fandom and fired the previous admin a GameFAQs a couple months ago. If that is how they treat SBAllen can't think they would do anything for regular users. --- Hey now. ... Copied to Clipboard!
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Naysaspace 02/22/24 4:11:26 PM #5: |
furb posted...
I hope gamefaqs does this too got high karma users.The same 1000 people come here every day --- leafs rule ... Copied to Clipboard!
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theAteam 02/22/24 4:12:07 PM #6: |
I got a message from reddit like 20 minutes ago letting me pre-register for this.
--- Buffalo Bills ... Copied to Clipboard!
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BlueTigerLion 02/22/24 4:18:18 PM #7: |
theAteam posted...
I got a message from reddit like 20 minutes ago letting me pre-register for this. I too got a message from Reddit. --- Hey now. ... Copied to Clipboard!
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CountCorvinus 02/22/24 4:42:40 PM #8: |
theAteam posted...
I got a message from reddit like 20 minutes ago letting me pre-register for this. If you buy up enough shares to get control of the company and unban me I'll be your friend. --- All good to me is lost; Evil, be thou my Good (THEY/THEM) ... Copied to Clipboard!
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