- cross-posted to:
- tech@kbin.social
- technology@lemmy.world
- cross-posted to:
- tech@kbin.social
- technology@lemmy.world
Reddit Files to Go Public, Reveals That It Paid CEO $193 Million Last Year::Nineteen years since its founding, the social media site is finally going public.
Tim Cook of apple got paid $92 million in 2022 - a massive degree of overcompensation in my opinion, and an amount he got sued for.
If he got paid at a comparable percentage of revenue to spez last year that would have been (amusingly) a 92 Billion dollar paycheck - 1000x as much.
Regardless of how much I dislike the guy personally investors should be running away screaming from this IPO.