this post was submitted on 21 Mar 2024
1338 points (97.9% liked)

Technology

59111 readers
3902 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 82 points 7 months ago* (last edited 7 months ago) (4 children)

During a recent Q&A video, Huffman argued that he was totally justified in paying himself more than the CEOs of Meta, Pinterest and Snap combined.

"If the company does well, I will do well," he said. "If the company does not do well, I don’t either."

Motherfucker is saying NOTHING. Generic ass, MEANINGLESS STATEMENT

[–] [email protected] 52 points 7 months ago

It's also a lie. If the company does well, he gets richer. If the company does not do well, he's still rich.

[–] [email protected] 19 points 7 months ago

He'll still get a golden parachute if the company goes to shit.

[–] [email protected] 16 points 7 months ago* (last edited 7 months ago)

I think what he means is, his compensation is mostly tied to stocks and therefore stock performance.

No, he won’t be poor if it does badly but it would change his compensation in a huge way.

Edit: .2% (rounded up) of his compensation is just normal salary. The rest is stocks.

[–] [email protected] 15 points 7 months ago (1 children)

I mean, what do you expect him to say? "Lol, get fucked"?

[–] [email protected] 11 points 7 months ago

A little bit. He doesn't strike me as the type to keep the quiet part quiet.