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They must not have gotten a lot of takers when they offered buy-in options to power-Redditors (or whatever they called it). My account is old but was never super active, and I got an email a few weeks ago trying to get me to buy in. LOL nope.
I got an email and TWO direct messages on Reddit. LMAO nope.
I think it has to do with karma count.
I had two accounts, one had been scrubbed and was mostly used for commenting, and the other was a porn alt.
The porn alt has hundreds of thousands of karma and it got multiple IPO messages while the original, older account got nothing due to being sub 5k on posts.
Edit: Suspicions confirmed!
I just checked and I got two emails from then asking if I want to buy in.
lol, hell no.
I would buy puts, if anything, but the valuation on puts will make them too expensive.
I haven’t logged in for months, but I’d guess I’d have similar DMs too (that will forever remain unread). Only reason I didn’t delete the account was because so many people kept showing their accounts being restored against their wishes.
Fuck Reddit