Reddit Files to Go Public, Reveals That It Paid CEO $193 Million Last Year
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 ...
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$286 million.
Public filings also showed that Huffman and Reddit’s chief operating officer, Jennifer Wong, were paid $286 million in 2023, including stock and option awards (the value accrues over several years, and the current cash value is substantially lower).
Cry some more about how your users are behaving like "landed gentry" while you hook up the milking machines to them. Christ what an asshole.
spez got 193 million, Wong got the rest. He now says that they're "in the process of monetizing their users". Fuck spez.
get rid of these types of leeches and you would have a profitable business