Ask HN: Did Reddit ever end up giving equity to any of its users?

112 points

6 years ago

https://www.theverge.com/2014/9/30/6874353/reddit-50-million-funding-give-users-10-percent-stock-equity

I always thought this was a bold idea and yet I never heard anything about it after was this one comment from Sam Altman's AMA:

https://www.reddit.com/r/IAmA/comments/2hwr02/i_am_sam_altman_lead_investor_in_reddits_new/ckwqv8x/

Did it not pass regulation or did they just abandon the idea?

Gigster also made similar claims and I have not heard anything since: https://techcrunch.com/2016/11/01/gigster-fund/

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