Reddit CEO Steve Huffman defends his $193 million compensation following backlash from unpaid moderators - Looks like the redesigned his compensation package to be equity based, so that he effectively owns some of the company, despite being re-hired a few years back. He had to earn his company ownership back. He owns about 3% now. It's performance based so if Reddit does well, so does he. fortune.com #
2024/03/24 #
Today’s links:
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AsyncBanana/microdiff - Microdiff is a tiny (currently <1kb), fast, zero dependency object and array comparison library - I can see this being really useful in clientside apps. github.com #
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Reddit shares soar on first day of public trading - The company is now valued at $8.87bn, up from expected valuation of $6.4bn. It's been quite a turbulent journey for them recently. Hopefully they will get some stability, enough time to regroup and set their new public company direction. I bet Huffman feels somewhat vindicated about his high salary. I'm really interested to see what they do next. Congratulations to all involved. www.theguardian.com #