Reddit power users balk at chance to participate in IPO as Wall Street debut nears
Reddit power users balk at chance to participate in IPO as Wall Street debut nears
Reddit is inviting some users to participate in its IPO this week, but moderators told CNBC that they're not taking the company up on its offer.
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@ylai I got a long spiel as a “Reddit power user” inviting me to take part in the IPO. At the bottom it said, “you must be resident in the US”.
They know I’m not, but they sent the mail anyway. Not inspiring confidence there, guys.
Why would they have information regarding your national residency?
@SpaceNoodle Well, there's the fact that for the entire time my reddit account has been in existence I have literally not once ever connected from a US IP address.
Clearly you're using a VPN.
You couldnt even opt out of the email. There was no obvious "opt-out" link present.
And I believe the company doing the IPO is also present in the EU?