• bamboo@lemmy.blahaj.zone
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    2 days ago

    Ok, thanks, I’m unfamiliar with pre IPO access, so that’s helpful. Just to make sure I understand, from Reddit’s perspective, they weren’t setting the option price lower than the market price when the option offered? There was just a pre ipo market which you got the ability to trade on, no income earned when executing the option?

    • Cocopanda@futurology.today
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      1 day ago

      Correct. You were offered 1000-5000 shares depending on your accounts celebrity status at the strike price of $34. This was the same buy in price on Robinhood. As someone who was at Reddit from 2009 on. I could t believe I was banned for a joke I made hundreds of times in the past. Bros old. When’s he going to broke?