this post was submitted on 23 Feb 2024
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Reddit Files to Go Public, Reveals That It Paid CEO $193 Million Last Year::Nineteen years since its founding, the social media site is finally going public.

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[–] [email protected] 9 points 8 months ago

Fuck spez the hurensohn always and forever.

[–] [email protected] 11 points 8 months ago (1 children)

He stole from us, the hard work of all the actual redditors who built that platform. Disgusting.

[–] [email protected] 4 points 8 months ago* (last edited 8 months ago)

We're in the age of the technofeudalists

[–] [email protected] 5 points 8 months ago

fuck /u/spez

[–] [email protected] 15 points 8 months ago

So that rich asshole killed a bunch of developers' income streams because he checks notes is paid too much. What a greedly little pissboy the former mod of /r/jailbait is.

[–] [email protected] 22 points 8 months ago

Fuck that shit heap of a company. And fuck spez that greedy little cunt.

[–] [email protected] 165 points 8 months ago (2 children)

Remember when pigboy spez tried to say that the API pricing was, at least partially, because reddit still wasn’t turning a profit?

I wonder if paying some fucking moron who brings effectively no value to the company $193 million has anything to do with it…

[–] [email protected] 13 points 8 months ago (1 children)

Doesnt he bring negative value?

[–] [email protected] 16 points 8 months ago

Wow - really? Did you not read that he's the CEO?! They're the hardest working person in any company! They always deserve to be compensated more than every other freeloading employee combined!

[–] [email protected] 20 points 8 months ago

It was def the ~~unpaid~~ moderators, just look how many there are!

[–] [email protected] 1 points 8 months ago

I. Love. This.

[–] [email protected] 134 points 8 months ago (4 children)

Spez is an idiot who sold reddit to Conde Nast for peanuts, failed in very other start up he tried, and then came crawling back. And they somehow made him CEO. And he is overpaying himself by $193 million a year. Reddit deserves whatever happens to them.

[–] [email protected] 22 points 8 months ago (1 children)

Everyone who still use reddit is a bigger idiot than spez

[–] [email protected] 27 points 8 months ago

Try this: Reddit users are getting emails and messages inviting them to the IPO at "the same price as institutions". Imagine buying Reddit stock!

Gotta pay that 200 mil a year to the CEO somehow.

[–] [email protected] 30 points 8 months ago (2 children)

I don't get what as CEO he even actually does. When was the last time Reddit had any major update?

[–] [email protected] 8 points 8 months ago

The CEO just influences PR decisions and says stupid stuff online, they don't actually do anything for the company

[–] [email protected] 48 points 8 months ago (2 children)

well there was the update that removed the open api, and the update that made half the site require using the app

[–] [email protected] 17 points 8 months ago (1 children)

Don't forget the update to the privacy policy so they can sell more of your data

[–] [email protected] 10 points 8 months ago (1 children)

Also the one time when spez updated someone's comment directly in the database.

[–] [email protected] 5 points 8 months ago

Pretty sure that was more than one time

[–] [email protected] 10 points 8 months ago

And they removed awards replacing them with super upvotes

[–] [email protected] 5 points 8 months ago

The board is paying him $193m/year.

[–] [email protected] 15 points 8 months ago (1 children)

Reddit deserves whatever happens to them.

Unless it's good.

[–] [email protected] 5 points 8 months ago

Like an IPO where they make an absolute shitton?

[–] [email protected] 19 points 8 months ago (1 children)

I bet the remaining redditors could figure out a way to salt the proverbial earth for the ai, even as the site dies slowly.

[–] [email protected] 2 points 8 months ago (2 children)

Any suggestions? I haven’t deleted my Reddit account yet.

[–] [email protected] 1 points 8 months ago

Find ai articles and link them in the appropriate subs. Post pics that have been modified to poison ai training data

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