Reddit is offering its users a chance to buy a piece of the company before its impending debut on the stock market. They’re not all racing to sign up.
In public Reddit forums, private chat rooms, and interviews with WIRED, several moderators and power users—who on Thursday learned they would get the rare chance to buy IPO shares at the same price as institutional investors—say they have little interest in sinking money into the company. Although the opportunity is being extended to those who’ve already invested time in Reddit, such as longtime commenters and volunteer moderators who’ve put in countless unpaid hours, even these users are skeptical about the company’s
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