Remember when Spez said it was “It’s time we grow up and behave like an adult company”? Apparently, that means paying himself $193 million and single-handedly tanking Reddit’s profitability right b…::undefined

  • johannesvanderwhales@lemmy.worldEnglish
    173·
    9 months ago

    How much of that compensation is in stock? It’s pretty common for executives to be largely compensated in stock, particularly right before an IPO.

    I only point this out because the math isn’t necessarily as simple as revenue minus executive compensation. Issuing stock isn’t a cash transaction for reddit.