Reddit founder and CEO Steve Huffman gifted himself a stunning $193 million compensation package — while mods get nothing.
  • LiveLM@lemmy.zipEnglish
    84·
    1 year ago

    During a recent Q&A video, Huffman argued that he was totally justified in paying himself more than the CEOs of Meta, Pinterest and Snap combined.

    “If the company does well, I will do well,” he said. “If the company does not do well, I don’t either.”

    Motherfucker is saying NOTHING. Generic ass, MEANINGLESS STATEMENT

    • Flying Squid@lemmy.worldEnglish
      54·
      1 year ago

      It’s also a lie. If the company does well, he gets richer. If the company does not do well, he’s still rich.

    • capital@lemmy.worldEnglish
      16·
      1 year ago

      I think what he means is, his compensation is mostly tied to stocks and therefore stock performance.

      No, he won’t be poor if it does badly but it would change his compensation in a huge way.

      Edit: .2% (rounded up) of his compensation is just normal salary. The rest is stocks.