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Evilphd666 [he/him, comrade/them]@hexbear.net to news@hexbear.netEnglish · 1 year ago

A lot of Redditors hate the Reddit IPO

www.theverge.com

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  • reddit@lemmy.world
  • technology@lemmy.world
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A lot of Redditors hate the Reddit IPO

www.theverge.com

Evilphd666 [he/him, comrade/them]@hexbear.net to news@hexbear.netEnglish · 1 year ago
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  • cross-posted to:
  • reddit@lemmy.world
  • technology@lemmy.world
“Yea I’m not buying. But I will be watching it tank.”
  • Awoo [she/her]@hexbear.net
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    1 year ago

    Kevon, who told me he was thinking of investing, says he thinks Huffman was overpaid. (In the filing, Huffman is listed as making $193 million in 2023.) He was surprised Huffman made so much while the company was operating at a loss.

    agony

    • emizeko [they/them]@hexbear.net
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      1 year ago

      is that salary?? those are the kind of numbers you get from stock compensation but they’re not public yet…

      • Awoo [she/her]@hexbear.net
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        1 year ago

        98million are stock awards, 93million are options.

        • emizeko [they/them]@hexbear.net
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          1 year ago

          oh ok, stock compensation but with the internal valuation for the private shares

    • THIRD_WORLDIST@hexbear.net
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      1 year ago

      that is actually absurd, what the fuck? even in their realm that is absurd

      • Awoo [she/her]@hexbear.net
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        1 year ago

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