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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Remember when pigboy spez tried to say that the API pricing was, at least partially, because reddit still wasn’t turning a profit?

I wonder if paying some fucking moron who brings effectively no value to the company $193 million has anything to do with it…

It was def the unpaid moderators, just look how many there are!

Doesnt he bring negative value?

Wow - really? Did you not read that he's the CEO?! They're the hardest working person in any company! They always deserve to be compensated more than every other freeloading employee combined!