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submitted 10 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.

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[-] notannpc@lemmy.world 165 points 10 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 10 months ago

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

[-] RandomVideos@programming.dev 13 points 10 months ago

Doesnt he bring negative value?

[-] circasurvivor@lemm.ee 16 points 10 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
701 points (98.6% liked)

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