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Report: 75K loyal Redditors can snag shares before Reddit goes public (arstechnica.com)

submitted 9 months ago by [email protected] to c/[email protected]

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This is one of the more scathing pieces to come out on Ars about Reddit. As the site did not respond to inquiries, all that was available to report on was profoundly negative statements that Advance is unlikely to enjoy seeing.

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[–] [email protected] 38 points 9 months ago (2 children)

The most charitable read is that it's an attempt to build hype among powerusers by letting them own a piece of it.

In a vacuum, that's actually kind of nice.

A less charitable reading is that they're targeting the users who have flukes and blowholes to try and get even more money from them as part of a media campaign to make it seem like they truly value those users.

[–] [email protected] 8 points 9 months ago

They should offer people to buy 10 shares for every collected avatar NFT... 😈

[–] [email protected] 8 points 9 months ago* (last edited 9 months ago)

users who have flukes and blowholes

I'd just like to say I love that wording.