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TheRtRevKaiser@kbin.social

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

submitted 9 months ago by Powderhorn to c/technology

39 comments fedilink hide all child comments

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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[–] admiralteal@kbin.social 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.

[–] jarfil 8 points 9 months ago

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

[–] CanadaPlus@lemmy.sdf.org 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.