• Shouted
    link
    fedilink
    English
    arrow-up
    4
    ·
    8 months ago

    Tbh he should get the money if he somehow convinced all those mods to work for free

    • Pohl@lemmy.world
      link
      fedilink
      English
      arrow-up
      2
      ·
      8 months ago

      Wall Street investors gave him the money. Him knowing that they would be dumb enough to give it to him is the reason he got it. Which is a weird way of “earning” money but it kind of is.

      Despite our feelings on the company, Wall Street ate that shit up, thus his equity package is worth all that money. Why did Wall Street like Reddit stock so much? I sure don’t fucking know, which is why I never thought to ask them for hundreds of millions of dollars for a company that loses money hand over fist.