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Zuberi ,
@Zuberi@lemmy.dbzer0.com avatar

Short and distort boys

Copernican ,

Mods should stop working as mods. But they don’t. 193 million maybe sounds fair for a person able to convince people to volunteer to free, and not quit despite this being obvious.

PlainSimpleGarak ,

Why would he pay people who are stupid enough to work for free? To that point, why would anyone work for free? It’s not as if they’re being forced to.

PoliticallyIncorrect ,

He will continue unless he ran out of free labour force.

steve_floof ,

Being an actual cannibal is expensive. But really, Spez eats people.

casmael ,

I thought that was Shia Lebœuf (hey apparently autocorrect knows how to spell Shia Labeuff which is good because I certainly fucking don’t)

MisterMoo ,

“It’s my money and I want it now!”

cryptix ,

SurprisedPikachuFace.jpeg

modifier ,

Honestly, you can barely see the gentle glow of the flames from way up here.

I do not miss reddit.

DaddleDew ,

The guy is just trying to cash out as much money out of Reddit as he can until people realize how overvalued the site really is.

Zugyuk ,

Welcome all reddfugees!

someguy3 , (edited )

It’s fucking hilarious how subs still have pinned “we’re open under protest”.

But anyway, I think now that his wage is out and soon enough we’ll learn about the hundred of millions he has in stock, at least some mods will have had enough and leave.

magnetosphere ,
@magnetosphere@fedia.io avatar

Christ, what an asshole.

db2 ,

I think he’s the real reason the punchablefaces subreddit got neutered, because he’s sure got one.

autotldr Bot ,

This is the best summary I could come up with:

Much-hated Reddit founder and CEO Steve Huffman gifted himself a stunning $193 million compensation package — while unpaid moderators on the platform have yet to see a single dollar, as Variety reports.

During a recent Q&A video posted to the subreddit named after the company’s brand new New York stock exchange ticker RDDT, Huffman argued that he was totally justified in paying himself more than the CEOs of Meta, Pinterest and Snap combined.

“When your entire business model is one prick taking nearly everything,” one user wrote in a discussion about the IPO on the subreddit r/wallstreetbets last month.

Not long after, Huffman accused moderators — volunteer power users who have historically kept many communities from melting down into a toxic cesspool — of being “landed gentry.”

Instead of focusing on its users and the value of self-governance by volunteers, Reddit has agreed to hand over content they’ve generated to Google to train its AI models, in efforts that are now being investigated by the Federal Trade Commission.

One top-voted post claims Reddit’s IPO is a “pump and dump” scheme, accusing the company of fraudulently inflating the value of its stock before cashing out.

The original article contains 621 words, the summary contains 193 words. Saved 69%. I’m a bot and I’m open source!

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