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[email protected] • 10 months ago

Reddit Files to Go Public, Reveals That It Paid CEO $193 Million Last Year

www.thedailybeast.com

406

Reddit Files to Go Public, Reveals That It Paid CEO $193 Million Last Year

www.thedailybeast.com

@[email protected] to

[email protected] • 10 months ago

Nineteen years since its founding, the social media site is finally going public.

We live under corporate feudalism

Chat

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10 months ago
The article states that part of the compensation was stock and stock options. Likely incentive programs from previous years that finally paid off.

edit: looks like spez got 600k salary, and the rest of the compensation is solely based on the stock’s performance… and he can’t cash that out unless someone is willing to buy all that reddit stock.
- @[email protected]
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  5•10 months ago
  I have no doubt some really dumb bag holders are willing to hold more bags.
  - @[email protected]
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    1•10 months ago
    Well he has been grooming them on reddit for something… it will be a blood bath

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