Agent641@lemmy.world to Mildly Infuriating@lemmy.worldEnglish · 1 year agoReddit literally shilling their own stonks to users in direct message, reveals that CEO gets paid $193 million last yearlemmy.worldimagemessage-square100linkfedilinkarrow-up1919
arrow-up1919imageReddit literally shilling their own stonks to users in direct message, reveals that CEO gets paid $193 million last yearlemmy.worldAgent641@lemmy.world to Mildly Infuriating@lemmy.worldEnglish · 1 year agomessage-square100linkfedilink
minus-squarechiliedogg@lemmy.worldlinkfedilinkEnglisharrow-up36·1 year agoThey lost 93 million on 2023, and paid the CEO more than double that. Nope - can’t think of a single thing they could do to make reddit profitable.
minus-squareSpecal@lemmy.worldlinkfedilinkEnglisharrow-up23·1 year agoWell kinda but not really, he owns around 4% of Reddit which is where the $193m comes from because of the $5b valuation. Still, fuck spez
minus-squareSarmyth@lemmy.worldcakelinkfedilinkEnglisharrow-up7·1 year agoThey paid him just shy of 400k. The stock and options he was given have nothing to do with reported losses. It’s all monopoly money until IPO, them we’ll see what it’s worth.
They lost 93 million on 2023, and paid the CEO more than double that.
Nope - can’t think of a single thing they could do to make reddit profitable.
Well kinda but not really, he owns around 4% of Reddit which is where the $193m comes from because of the $5b valuation.
Still, fuck spez
They paid him just shy of 400k. The stock and options he was given have nothing to do with reported losses. It’s all monopoly money until IPO, them we’ll see what it’s worth.