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Reddit Files to Go Public, Reveals That It Paid CEO $193 Million Last Year (www.thedailybeast.com)
submitted 2 years ago by [M, B] to c/technology@lemmy.world
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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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[–] 133 points 2 years ago (4 children)

Spez is an idiot who sold reddit to Conde Nast for peanuts, failed in very other start up he tried, and then came crawling back. And they somehow made him CEO. And he is overpaying himself by $193 million a year. Reddit deserves whatever happens to them.

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  • [–] 30 points 2 years ago (2 children)

    I don't get what as CEO he even actually does. When was the last time Reddit had any major update?

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  • [–] 48 points 2 years ago (2 children)

    well there was the update that removed the open api, and the update that made half the site require using the app

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  • [–] 17 points 2 years ago (1 child)

    Don't forget the update to the privacy policy so they can sell more of your data

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