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Reddit Files to Go Public, Reveals That It Paid CEO $193 Million Last Year(www.thedailybeast.com)

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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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notannpc@lemmy.world
165 points

Remember when pigboy spez tried to say that the API pricing was, at least partially, because reddit still wasn’t turning a profit?

I wonder if paying some fucking moron who brings effectively no value to the company $193 million has anything to do with it…

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n3m37h@lemmy.dbzer0.com
20 points

It was def the unpaid moderators, just look how many there are!

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RandomVideos@programming.dev
13 points

Doesnt he bring negative value?

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circasurvivor@lemm.ee
16 points

Wow - really? Did you not read that he’s the CEO?! They’re the hardest working person in any company! They always deserve to be compensated more than every other freeloading employee combined!

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