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Reddit Files to Go Public, Reveals That It Paid CEO $193 Million Last Year (www.thedailybeast.com)

submitted 9 months ago by L4s@lemmy.world to c/technology@lemmy.world

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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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[-] ikapoz@sh.itjust.works 524 points 9 months ago

So… the asshole who used reddits “unprofitability” as a fig leaf for hamstringing their user base with a garbage API policy just so happens to be the same guy that got paid 25% of the entire company revenue for the last year?

What a Fucking chode.

[-] zcd@lemmy.ca 173 points 9 months ago

Spez is a goddamn pissbaby

[-] EdibleFriend@lemmy.world 93 points 9 months ago

Who's bullshit earned him more money then either of us, put together, could ever hope to make in our entire lives.

In. One. Year.

[-] HotsauceHurricane@lemmy.one 49 points 9 months ago

Ypu only reach wealth by standing on others.

[-] BassTurd@lemmy.world 27 points 9 months ago* (last edited 9 months ago)

I'm in a comfortable position in my life right now, so I'm fortunate. That said I don't know if I would sell myself out for that money. The money would be no good after I off'd myself from the guilt of being such a piece of shit. I'd probably be awesome for a while, but I'd either turn into the unempathetic monsters I hate, or it would catch up to me. Not worth it.

Really I'd probably take it... I'm human.

[-] rottingleaf@lemmy.zip 5 points 9 months ago* (last edited 9 months ago)

I'm afraid of the fact I may, but most likely not. What would I do with it? My problems with the few main things in life are not about money. Even in the moment of such a hard decision I'd likely just not take it out of fear for what'll happen with my head.

[-] SkyeStarfall@lemmy.blahaj.zone 17 points 9 months ago

Society rewards people for making bad choices and doing bad things and many still pretend the system "works"

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this post was submitted on 23 Feb 2024

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