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.

  • givesomefucks@lemmy.world
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    9 months ago

    They specifically, in bold, say they don’t have access to this information as it is only provided to the plan administrator.

    I seriously doubt it, because if someone isn’t verifying that you hold the account it was sent to. People could “sell” their invites and I feel like this is already walking a fine line with the SEC with the whole “early access” thing.

    It would be trivial to write a bot that pm’ed accounts that met this metric to receive an invite offering a tiny amount for their codes.

    Hell, someone could do that and never follow thru with buying accounts as it would make some users more likely to buy.

    This whole thing is likely to go horrible, because reddit never thinks shit thru.