The horrifying thought of this whole ordeal is that, no matter how well or how poorly Reddit’s IPO goes, Spez still walks away from this thing as a millionaire. Golden parachutes and all.
I think it’s unlikely that the IPO will happen any time soon. Nobody wants to IPO while public sentiment is bad.
I think it’s possible Huffman will get booted before the IPO. I also think a lot of his bonuses are contingent on the IPO.
Like, he’s going to make bank no matter what… But if it’s any consolation, he’s probably going to fuck himself out of a significant amount of the potential total.
The horrifying thought of this whole ordeal is that, no matter how well or how poorly Reddit’s IPO goes, Spez still walks away from this thing as a millionaire. Golden parachutes and all.
I think it’s unlikely that the IPO will happen any time soon. Nobody wants to IPO while public sentiment is bad.
I think it’s possible Huffman will get booted before the IPO. I also think a lot of his bonuses are contingent on the IPO.
Like, he’s going to make bank no matter what… But if it’s any consolation, he’s probably going to fuck himself out of a significant amount of the potential total.