Reddit Files to Go Public, Reveals That It Paid CEO $193 Million Last Year

L4sBot@lemmy.worldmod to Technology@lemmy.world – 719 points –
Reddit Files to Go Public, Reveals That It Paid CEO $193 Million Last Year
thedailybeast.com

Reddit Files to Go Public, Reveals That It Paid CEO $193 Million Last Year::Nineteen years since its founding, the social media site is finally going public.

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I don't get what as CEO he even actually does. When was the last time Reddit had any major update?

well there was the update that removed the open api, and the update that made half the site require using the app

Don't forget the update to the privacy policy so they can sell more of your data

And they removed awards replacing them with super upvotes

The CEO just influences PR decisions and says stupid stuff online, they don't actually do anything for the company