This podcast episode explores Reddit's upcoming initial public offering (IPO) and how it differs from traditional IPOs. Reddit is allowing its top users to purchase shares in the company, giving them the same access as large institutional investors. This is a unique opportunity for Redditors, as they are typically not able to participate in IPOs. The shares will be offered to different tiers of users based on their karma, with lower tiers getting a chance to buy stock depending on how many higher-tier users opt in first.
