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Reddit Is Letting Power Users In on Its IPO. Not Everyone’s Buying (www.wired.com)

submitted 9 months ago by L4s@lemmy.world to c/technology@lemmy.world

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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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[–] BrianTheeBiscuiteer@lemmy.world 1 points 8 months ago

I didn't say anything about buying shorts but, to my knowledge, you can't short something that doesn't exist. I was stating that I'm willing to bet the price per share will go down significantly in the short term after it's IPO, no matter what they set as the initial price.