4 ms·

Paying 1/4 of your revenue to the CEO is certainly a choice...

• toomuchtodo 3y ago
  Interestingly enough, Sam Altman has ~$60M invested in Reddit and ~10% voting control.
• soarerz 3y ago
  Its including options and rsu?
  • dcchambers 3y ago
    Yes, not all cash compensation, but that's still an insanely high amount considering the total revenue being what it is.
• scotty79 3y ago
  Well, Tesla "decided" to pay 55bln to Musk. The court had to step in to prevent that. Maybe the system we have in place that decides how much CEOs get is due for update?
  • deprecative 3y ago
    No, that's socialist. We should give them more money because they few actually pulled themselves up by their own bootstraps. They're simply better than we are in every way.
  • bdjsiqoocwk 3y ago
    The system didn't make a decision on how much the CEO gets paid. It made the decision that the board of a public company can't give the shareholders money to their friends.
    • erichocean 3y ago
      > the board of a public company can't give the shareholders money to their friends Crazy! Delaware should also reorganize Tesla so that shareholders have a vote as to how Musk is paid—just like every other public company.
• nly 3y ago
  Yeah... going public is basically just a way for him to cash out (again)