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- Reddit unveiled how users will qualify for priority access to buy its stock ahead of its opening.
- Reddit users and moderators will be sorted into one of six tiers, according to its IPO paperwork.
- One of the top tiers is open to users with 200,000 karma or 5,000 moderator actions.
You'll need a whole lot of karma or moderator experience on Reddit if you want the chance to buy into the company's stock at its IPO price ahead of its public debut.