Reddit Files to Go Public, Reveals That It Paid CEO $193 Million Last Year - eviltoast

We live under corporate feudalism

  • RBG@discuss.tchncs.de
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    8 months ago

    And they want to go public with that info?

    99% of the users left there won’t care about this. People here obviously do, but those are the ones that left because of the API debacle. I’d hope they start caring but I am pretty certain they won’t.

    • halcyoncmdr@lemmy.world
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      8 months ago

      I’m not talking about reddit users. They have no bearing on public investors frankly. Investors don’t give a shit about users, just profitability. And an unprofitable company with no end of unprofitability in sight spending 35% of their limited revenue on two executives is ridiculous.