• naught@sh.itjust.works
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    8 months ago

    He makes $300k/yr in cash and the rest is stonks. Is he comically overpaid? For a CEO of a gigantic social media corporation that he took to IPO?

    I fuckin hate spez and I think “billionaire” is a concept that should not exist.

    … but what portion of his 300k should volunteer mods get? Should they get stocks? Are they contractors? FTEs? Plenty to be outraged about other than community moderators who volunteer their time for free willingly imo

    • WhatAmLemmy@lemmy.world
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      8 months ago

      Perhaps they could get a share of the stonk that covers the other 179.7 million of his remuneration?

      • naught@sh.itjust.works
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        8 months ago

        Yeah I agree… but that isnt reddit’s model at all. It would take a massive restructuring and let’s be honest, it would not work.

        Also those are unrealized gains which he can choose to cash out if he doesn’t shit up the stonk price. Can’t put monopoly money in an employee’s pocket and call it a salary (per the mods being paid)