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Reddit CEO Defends His Absurdly High Pay While Not Paying Mods (futurism.com)
submitted 2 years ago by to c/technology@lemmy.world
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[–] 10 points 2 years ago (1 child)

If it doesn't cost anything to company to pay in stocks, why don't they give me like 1m $ value of stock? That would make me very happy and it costs nothing to them anyway

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  • [–] 8 points 2 years ago

    I know you're just being funny, but the idea is that Spez's shares and resulting influence over a publicly traded Reddit will incentivize investors to buy stock, raising the value of the stock for all shareholders. The problem with this idea is that Spez is an idiot who is actively sabotaging Reddit's long term viability.

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