Reddit Is Letting Power Users In on Its IPO. Not Everyone’s Buying

L4sBot@lemmy.worldmod to Technology@lemmy.world – 270 points –
Reddit Is Letting Power Users In on Its IPO. Not Everyone’s Buying
wired.com

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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They sent me an offer. I ain't buying

There have been quite a few comments like yours here. Is everyone on Lemmy a former 'power user'. That would be great.

In another thread a former mod said that both they and their bot had been given the offer.

Someone replied to me in another thread and said that they were giving invites out in stages based on number of mod actions or karma. The first cutoff was "only" 200k karma. The lowest was 20k.

I was thinking of signing up just to see the information but then I read the prospectus and realized it was a losing investment, plain and simple.

Last I checked my account was in the top 1% of karma.

lol yeah century club with a 16 year old account here. I got nothing.

I had two accounts over the years that I’ve gotten to higher tier levels.

It was honestly pretty easy back in the day. There were a couple of topics that I could pretty consistently get 5k+ karma from. Large subs with well known view points. Play into those and you take in massive amounts of karma.

my old account before it got banned was well over 500k. I'd been on since 2013. yeah, most of us are power users I think.

I certainly never considered myself a "power user," but I got an invite despite not using reddit since mid-June last year.

I got it via email. Reported it as spam. 🤣