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.
Sure, spez, tell us again how reddit's just never managed to make a profit ...
Spez is the most over paid pasty greedy little big boy thats ever lived.
Having done nothing but piss off users, developers and moderators he rakes in an absolute fortune.
Over 25% of the company's revenue went to his pay. That's insane. And they're trying to go public with those financials.
I thought most of it was stock options?
aaron schwartz rolling in his grave
Short this thing until they get GDPR slapped by selling EU user data to Google of minors without consent.
So glad I abandoned that enshittified platform when they removed 3rd party apis.
It's just garbage now. Like Twitter, Facebook, let them all disappear into the dustbin of Edetritus history.
THE FEDIVERSE IS REAL THEY ARE FICTION ITS THAT SIMPLE
Can't make a profit if you give all the margin to your CEO
That's gonna be a short boat.