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27 Comments
/u/Spez was paid $193 million last year out of Reddit’s $802 million dollar revenue. Reddit lost $140 million while paying him that much. When looking at their top 2 execs, Reddit paid $317 million of their revenue to 2 people while losing money.
Meanwhile, Tim Cook made $100 million last year for the CEO of the largest corporation in the world (who is massively profitable).
Spez basically made 919 times more than Tim Cook when comparing salary to company revenue.
Does anyone think Spez is 919 times the leader that Tim Cook is?
So who is buying into the IPO?
Nvidia CEO received 21 million. The CEO of a trillion dollar company is making 170 million less that Huffman.
I’m sure he works real hard.
He looks weird
And you all complaining will be logging into reddit tomorrow and confused why he’s being paid.
As the great American philosopher Nelson Muntz said, “Ha Ha!”
Just a thought experiment…
What would happen if someone were to write a script that edits every comment that you’ve ever made. All it would do is take the content, have a generative AI “simplify” it, and repeat a few times.
Kinda feels like this would poison the training corpus well. Using AI generated data as a corpus for a subsequent training run can lead to the computer equivalent of massive inbreeding or colony collapse.
Just food for thought.
Mods are dumb
The mods do what they do for the pathetic small sense of power they get. They should be paying Reddit, since without it, their sad lives would be meaningless.
Fuck u/spez ol bitch ass
> “If the company does well, I will do well,” the CEO added. “If the company does not do well, I don’t either.”
That’s not what happened here, Steve?? Reddit lost like $150m last year and you made more than the company lost.
Did the unpaid interns seriously think Reddit was going to cut them a check?
They got paid with power over strangers. Something they likely don’t have in life.
Nobody is going to pay you. Get a job.
Mattson says what now?
They chose to work for free. Zero sympathy here.
What a fucking joke. Hope the IPO goes to zero
Seriously… fuck u/spez
Could Huffman not use $1 out of that $193 million to pay for that Fortune paywall?!
$98 million stock award is a lot of money that could have gone elsewhere, the rest of his comp is a normal amount of cash then the rest is options.
fuuuuuck all that
This is the modern playbook. Never give in and admit you are wrong when suspicion is raised on your ethics and greed.
It’s like that Principal Skinner meme
It’s fucking absurd. And they lost money. WTF do they spend all that money on when everyone is working for free?
couldnt pay to see the rest of the article, since that bitch didnt pay me, what does it say ?
Bruh no one is making you mod 💀. Are you gonna unionize with the Facebook group people? If you don’t enjoy doing it then don’t do it.
Holy fucken shit why do they complain about money multi millioairs already , also how badly ran is twitter and 4 Chan and YouTube that they “dont make any money “
This native app sucks. I miss Reddit is fun. I kind of hate this app lately honestly. It seems like it’s on the brink of some sort of big change.
Any moderator who’d do the job for pay you couldn’t afford, and anyone who’d do the job for free you wouldn’t want moderating. It’s a lose/lose.
I worked many many minutes and if Elon worth 39 billion . I value me … you not so much. Just saying me boss you replaceable