733
submitted 6 months ago by L4s@lemmy.world to c/technology@lemmy.world

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.

you are viewing a single comment's thread
view the rest of the comments
[-] notannpc@lemmy.world 165 points 6 months ago

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…

[-] n3m37h@lemmy.dbzer0.com 20 points 6 months ago

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

[-] RandomVideos@programming.dev 13 points 6 months ago

Doesnt he bring negative value?

[-] circasurvivor@lemm.ee 16 points 6 months ago

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!

this post was submitted on 23 Feb 2024
733 points (98.5% liked)

Technology

58073 readers
3106 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 1 year ago
MODERATORS