Comment on Reddit Files to Go Public, in First Social Media IPO in YearsparentComments−shitlord2yThe company actually would have been profitable in 2023 if it didn't pay out >$200M in combined compensation to the CEO and COO.Edit: cfo -> coo−nabla92yThey didn't pay $200M.They gave stock options. Actual pay is just few million.−shitlord2yThese figures are from the S-1 and the compensation includes both stock options + awards.−nabla92yYes they are and stock options are almost all of the compensation.−shitlord2yOh, I see what you mean.
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The company actually would have been profitable in 2023 if it didn't pay out >$200M in combined compensation to the CEO and COO.
Edit: cfo -> coo
They didn't pay $200M.
They gave stock options. Actual pay is just few million.
These figures are from the S-1 and the compensation includes both stock options + awards.
Yes they are and stock options are almost all of the compensation.
Oh, I see what you mean.