Evilphd666 [he/him, comrade/them]@hexbear.net to news@hexbear.netEnglish · 9 months agoA lot of Redditors hate the Reddit IPOwww.theverge.comexternal-linkmessage-square34fedilinkarrow-up157arrow-down10 cross-posted to: reddit@lemmy.worldtechnology@lemmy.world
arrow-up157arrow-down1external-linkA lot of Redditors hate the Reddit IPOwww.theverge.comEvilphd666 [he/him, comrade/them]@hexbear.net to news@hexbear.netEnglish · 9 months agomessage-square34fedilink cross-posted to: reddit@lemmy.worldtechnology@lemmy.world
minus-squareAwoo [she/her]@hexbear.netlinkfedilinkEnglisharrow-up32·9 months 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.
minus-squareemizeko [they/them]@hexbear.netlinkfedilinkEnglisharrow-up17·9 months agois that salary?? those are the kind of numbers you get from stock compensation but they’re not public yet…
minus-squareAwoo [she/her]@hexbear.netlinkfedilinkEnglisharrow-up23·edit-29 months ago 98million are stock awards, 93million are options.
minus-squareemizeko [they/them]@hexbear.netlinkfedilinkEnglisharrow-up17·9 months agooh ok, stock compensation but with the internal valuation for the private shares
minus-squareTHIRD_WORLDIST@hexbear.netlinkfedilinkEnglisharrow-up14·9 months agothat is actually absurd, what the fuck? even in their realm that is absurd
is that salary?? those are the kind of numbers you get from stock compensation but they’re not public yet…
98million are stock awards, 93million are options.
oh ok, stock compensation but with the internal valuation for the private shares
that is actually absurd, what the fuck? even in their realm that is absurd