The article states that part of the compensation was stock and stock options. Likely incentive programs from previous years that finally paid off.
edit: looks like spez got 600k salary, and the rest of the compensation is solely based on the stock’s performance… and he can’t cash that out unless someone is willing to buy all that reddit stock.
The article states that part of the compensation was stock and stock options. Likely incentive programs from previous years that finally paid off.
edit: looks like spez got 600k salary, and the rest of the compensation is solely based on the stock’s performance… and he can’t cash that out unless someone is willing to buy all that reddit stock.
I have no doubt some really dumb bag holders are willing to hold more bags.