Skip to main content
Two TakesTech Breakthroughsvs. Engadget

Reddit is giving away 10% of the company to its users

By Michio Hasai1 min readGoogle News

Reddit today revealed just how it plans to give a 10 percent stake in the company back to its most active users, thus making good on its promise from September. The plan involves a new feature called “reddit notes,” which will be randomly passed out to a portion of the service’s active user base. The notes won’t be given to everyone, just users active on the site starting at the end of September when the plan was first announced. There are 950,000 notes available, and Reddit said it will begin a “random lottery” to pass them out in fall of 2015.

Share

Pick your channel

Comments

0 / 4000

Sign in to join the discussion