Reddit's decision to allocate IPO shares to "super users" paid off after its first few days of trading, but will it be the right decision for longer term alignment?
EquityZen's Head of Market Insight, Brianne Lynch explains, Reddit “simply could not have hundreds of thousands of subreddits without the volunteer work, essentially”. “They need these moderators, and I think that part of the idea of allowing the super users to buy into the IPO is to make them really feel like stakeholders—it’s skin in the game.”
More coverage of RDDT's IPO in Fortune.
Related Posts
It was an exciting afternoon awaiting RDDT to hit the tape. Catch more from our Head of Market Insight, Brianne Lynch's...
As a startup employee, you are an integral part of a company that is on the cutting edge of innovation and growth. You...
The pre-IPO market is growing at an astonishing pace! EquityZen's CEO & Founder Atish Davda sat down with Business...
