Reddit CEO Steve Huffman defends his $193 million compensation package

Tech Insider
Steve Huffman holding a mic at Consumer Technology event.
Steve Huffman receives a fixed salary of $341,346 and the rest of his compensation in shares.

Bryan Steffy/Getty

Wait. Why is Reddit losing so much money?

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Reddit logo on a cell phone with images of dollar bill in the background.
Reddit is losing money, it reports in its IPO documents. But why? It's at least partly because of R&D spending.

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Reddit's cofounder said the company felt like 'a homework assignment that got out of hand' rather than a business

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Reddit CEO, Steve Huffman, at AfroTech 2021
Steve Huffman, Reddit's cofounder and CEO.

Photo by Randy Shropshire/Getty Images for Blavity Inc/AfroTech

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