Unveiling Reddit’s Executive Pay Disparity: CEO Justifies Lavish Salary Amidst Unpaid Mods Outcry
Reddit’s CEO, Steve Huffman, rewarded himself with a hefty $193 million compensation package, contrasting sharply with unpaid moderators. Huffman defended his pay, citing the company’s success as vital for his own. However, Reddit, despite its two-decade lifespan, has yet to turn a profit. The controversial decisions made by Huffman have alienated users and sparked suspicions regarding the company’s IPO. The future of Reddit remains uncertain amid skepticism about its financial practices and leadership.