Much-hated Reddit founder and CEO Steve Huffman gifted himself a stunning $193 million compensation package — while unpaid moderators on the platform have yet to see a single dollar, as Variety reports.
It’s an especially pertinent topic given that the company went public at a share price of $34 today, for a valuation of $6.4 billion.
During a recent Q&A video posted to the subreddit named after the company’s brand new New York stock exchange ticker RDDT, Huffman argued that he was totally justified in paying himself more than the CEOs of Meta, Pinterest and Snap combined.
Leave a reply