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ELI5: the official ELI5 IPO?
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Hello

As you may have heard ELI5 has taken steps toward becoming a publicly traded company with the initial public filing of our registration statement with the U.S. Securities and Exchange Commission starting 4/11/2024! Yes it’s happening.

And because you have helped make ELI5 what it is today you now have the opportunity to become ELI5 owners at the same price as institutional investors.

We’re offering a Directed Share Program (“DSP”) that invites eligible users and moderators who have contributed to ELI5 to participate in our initial public offering (“IPO”). (Including you!)

Since I'm sure that you have a few questions here is a brief FAQ:

  • What do I get for my investment? - When you become an investor in ELI5 you will get a few perks. First you get a lot of pride and accomplishment. Second you will be able to get 1 "get out of ban"-free card per year.

  • Why offer an IPO now? - We plan to use the funds for new and amazing programs. We had a small fund that we used to fund projects in the past. Unfortunately after Reddit Gold went bust we had already promised $193 out of the $810 of our budget to the current head mod.

  • Am I eligible? - In order to be eligible you MUST POST IN THIS THREAD! Simply post a comment in reply to this. Your ELI5 Social Credit Score will be determined by the number of upvotes that your comment receives. Higher ELI5 Social Credit will result in preferential offerings during the IPO.

  • Do I get any other bonuses? - Yes! By increasing your social credit you will receive an exclusive flair that shows your status as a dedicated ELI5 user!

Legally you must be over 18 (13 with parent's permission).

We will also need your name birthday mother's maiden name SSN bank PIN fingerprint and email.

If you just can't wait 10 days for the IPO you can donate here!

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Posted
7 months ago