There were lots of people saying they were being offered pre-IPO shares due to their community involvement. I'm told at about 35 dollars?
I deleted my Reddit account during the recent API debacle. These days the cool kids are all at KBin and Lemmy the distributed unsellable threadiverse. Won't be no IPO of the threadiverse.
But there's a lot of uncool kids still there, and they are easier advertising fodder.
Usually you'll see a new IPO drop 50% before it even decides which way to go. So I'd say sell 'em fast if you got 'em at 35 dollars. Rebuy at 25 of you really wanna hold long term for some reason. My guess would be Reddit does not do well, even if they become a meme stock.
