this post was submitted on 21 Mar 2024
1343 points (97.9% liked)
Technology
68495 readers
3985 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related news or articles.
- Be excellent to each other!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
- Check for duplicates before posting, duplicates may be removed
- Accounts 7 days and younger will have their posts automatically removed.
Approved Bots
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Tbh he should get the money if he somehow convinced all those mods to work for free
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.