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Missed this thread when I posted mine. Some highlights:

Spez made $200 million last year.

https://i.rdrama.net/images/17086397618599827.webp

Moderators

Communities are created and led by Redditors who we call moderators, volunteers who are motivated by their passion for a given topic or idea. Moderators are not employees of Reddit. They set the tone for their communities by defining a purpose, creating rules, starting conversations, and keeping conversations on topic while abiding by our Moderator Code of Conduct. Most communities have teams of moderators that work together to keep their communities organized and focused. In December 2023, we had an average of over 60,000 daily active moderators. Any Redditor can become a moderator either by joining an existing moderation team for a community they are a part of, or by starting a new community.

Spent $438 million on R&D.

https://i.rdrama.net/images/17086397619790843.webp

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What the everliving frick can reddit be researching?

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tard wrangling

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maybe they want to become a blockchain powered generative AI company

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Spent $438 million on R&D

BIPOC how? What were they researching? A new jet fighter?

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I haven't looked at these numbers but software engineers are often listed as 'R&D' for tax purposes

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>developers do development

fricking accountants and their confusing terminology, man

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People get really hung up on the research part :marseyshrug:

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All new features and products are R&D, a lot of my work is logged as R&D. I assume Reddit has similar practices

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Probably has something to do with them laying off like 40% of their staff towards the end of last year.

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Ah the going public grift.

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He got paid more in 2023 than the entire Executive Officer Team of Facebook/Meta got paid in 2022 combined

https://i.rdrama.net/images/17086443118346026.webp https://i.rdrama.net/images/1708644312058428.webp

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TBF the FB fricks get paid in Meta stock because meta stock is actually valuable.

redditman has too be paid in real money because there is no reddit stonkz too pay him with (yet)

black trans lives matter

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Its cut off from the image, but the overwhelming majority of Huffman's compensation is the form of Stock Options and Stock Awards

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Oooh, I hope he loses big. :!marseydance:

black trans lives matter

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link plz

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To huffmans compensation or meta executive compensation?

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Spent $438 million on R&D.

That's how much it costs to still not make a functional video player? TIL


https://i.rdrama.net/images/17187151446911044.webp https://i.rdrama.net/images/17093267613293715.webp https://i.rdrama.net/images/17177781034384797.webp

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That's the most baffling thing about Reddit and the biggest reason why I feel like they have to fail. They're an internet company that is famously awful at basic internet things. They spend hundreds of millions of dollars to employ people who repeatedly make abject failures.

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network effects, too big to fail

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It was just a design document for the video player meeting agenda, silly!

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Oh so they never make a profit because leadership is r-slurred, would be smart to cut “””””r&d””””” after going public, announce your profitable and have shares moon.

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