Under his proposed plan, the platform would offer payment tiers for users to buy into the platform as “founding members.”

Reddit Co-Founder Alexis Ohanian has joined Frank McCourt’s bid to purchase TikTok’s U.S. operations. But is ByteDance even looking to sell? Ohanian has joined the bid as a strategic adviser specializing in social media,

Reddit co-founder Alexis Ohanian has joined billionaire Frank McCourt’s bid to acquire TikTok as a strategic adviser