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

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submitted 4 months ago by athos77@kbin.social to c/reddit@lemmy.ml

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Sure, spez, tell us again how reddit's just never managed to make a profit ...

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[-] Cypher@lemmy.world 64 points 4 months ago

Spez is the most over paid pasty greedy little big boy thats ever lived.

Having done nothing but piss off users, developers and moderators he rakes in an absolute fortune.

[-] halcyoncmdr@lemmy.world 39 points 4 months ago

Over 25% of the company's revenue went to his pay. That's insane. And they're trying to go public with those financials.

[-] Duralf@lemmy.world 3 points 4 months ago

I thought most of it was stock options?

[-] DrCatface@lemmy.world 51 points 4 months ago

aaron schwartz rolling in his grave

[-] SomeGuy69@lemmy.world 21 points 4 months ago

Short this thing until they get GDPR slapped by selling EU user data to Google of minors without consent.

[-] lemmyseizethemeans@lemmygrad.ml 11 points 4 months ago

So glad I abandoned that enshittified platform when they removed 3rd party apis.

It's just garbage now. Like Twitter, Facebook, let them all disappear into the dustbin of Edetritus history.

THE FEDIVERSE IS REAL THEY ARE FICTION ITS THAT SIMPLE

[-] xilliah@beehaw.org 9 points 4 months ago

That's gonna be a short boat.

[-] knfrmity@lemmygrad.ml 9 points 4 months ago

Can't make a profit if you give all the margin to your CEO

[-] onion@feddit.de 6 points 4 months ago* (last edited 4 months ago)

this post was submitted on 23 Feb 2024

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