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Justin Hunter
@polluterofminds
Somehow I missed this about the Reddit IPO. The equivalent in crypto happens all the time right? It’d be like Farcaster dropping a token and allocating x% to channel hosts. Not unheard of but interesting to see in a traditional IPO.
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John
@silentjohn
Except you have to buy the shares and most stock prices crater after IPO. If I got dropped these shares, cool. But I ain't buying at inflated prices.
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Justin Hunter
@polluterofminds
Right having to purchase is definitely the big difference.
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