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Investors will say “OK Boomer” to aging Reddit | Reuters | Ghostarchive
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this post was submitted on 23 Feb 2024
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A cool thing I learned from their public filing is that Spez makes 192M in total compensation, and the company has been running around 150M deficit.
That's the makings of a very profitable investment, you know 🙄
My math skills aren't what they used to be, but I see a short-term solution to their profit issues.
Isn't his comp mostly in stock? So if they cut his salary it wouldn't really affect the profit margin so much as the valuation of his salary
what do you even fucking do with more than 40m/yr
As Wolf of Wall Street explains, at some level it isn't even "money" anymore, it's rather numbers like in a game - the goal being to "win", e.g. Huffman competing against Musk.
No matter how many salaries of irl people are being affected by their childish tantrums:-(.
Yeah but also, he'd rather make 400M in total compensation, so like... if you could just see your way clear to helping out that poor, poor, POOR man, that would be great! :-P