{"id":185810,"date":"2024-03-23T02:02:33","date_gmt":"2024-03-23T07:02:33","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2024\/03\/reddit-ceo-defends-his-absurdly-high-pay-while-not-paying-mods"},"modified":"2024-03-23T02:02:33","modified_gmt":"2024-03-23T07:02:33","slug":"reddit-ceo-defends-his-absurdly-high-pay-while-not-paying-mods","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2024\/03\/reddit-ceo-defends-his-absurdly-high-pay-while-not-paying-mods","title":{"rendered":"Reddit CEO Defends His Absurdly High Pay While Not Paying Mods"},"content":{"rendered":"<p><a class=\"aligncenter blog-photo\" href=\"https:\/\/lifeboat.com\/blog.images\/reddit-ceo-defends-his-absurdly-high-pay-while-not-paying-mods2.jpg\"><\/a><\/p>\n<p>Much-hated Reddit founder and CEO Steve Huffman gifted himself a stunning $193 million compensation package \u2014 while unpaid moderators on the platform have yet to see a single dollar, as <a href=\"https:\/\/fortune.com\/2024\/03\/19\/reddit-ceo-steve-huffman-defends-193-million-compensation-following-backlash-unpaid-moderators\/\" class=\"\"><em>Variety<\/em> reports<\/a>.<\/p>\n<p>It\u2019s an especially pertinent topic given that the company went public at a share price of $34 today, for a valuation of $6.4 billion.<\/p>\n<p>During a recent <a href=\"https:\/\/www.reddit.com\/r\/RDDT\/comments\/1bhr6uv\/amalmosta_answers_but_make_it_video\/\" class=\"\">Q&amp;A video<\/a> posted to the subreddit named after the company\u2019s brand new New York stock exchange ticker RDDT, Huffman argued that he was totally justified in paying himself <a href=\"https:\/\/qz.com\/reddit-ceo-steve-huffman-compensation-pinterest-snap-me-1851350157\" class=\"\">more than the CEOs of Meta, Pinterest and Snap combined<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Much-hated Reddit founder and CEO Steve Huffman gifted himself a stunning $193 million compensation package \u2014 while unpaid moderators on the platform have yet to see a single dollar, as Variety reports. It\u2019s an especially pertinent topic given that the company went public at a share price of $34 today, for a valuation of $6.4 [\u2026]<\/p>\n","protected":false},"author":556,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-185810","post","type-post","status-publish","format-standard","hentry","category-futurism"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/185810","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/556"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=185810"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/185810\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=185810"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=185810"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=185810"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}