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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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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.
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Ben 🟪
@benersing
It's an interesting play. Strong confirmation of the direction web3 social is going.
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