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Ben 🎩@benersing
👀 Reddit IPO making web2.5 moves with its equity “airdrop” Anyone following the story? https://www.wyomingpublicmedia.org/2024-02-22/meet-rddt-popular-social-platform-reddit-to-sell-stock-in-an-unusual-ipo
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In reply to @benersing
2/23/2024finance
Chris@cmlad.eth
The way I understood it they are allocating shares (at IPO price) for some of their users and the general retail via Robinhood. Still taking a risk on market price going down.
financeIn reply to @benersing
2/23/2024finance
Matthew 🎩 @matthewmorek
Fuck Reddit and their entire IPO. Couldn’t care less after their dick move with external API access for third-parties.
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