this post was submitted on 21 Mar 2024
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[–] LiveLM@lemmy.zip 82 points 9 months ago* (last edited 9 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

[–] FlyingSquid@lemmy.world 52 points 9 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.

[–] paddirn@lemmy.world 19 points 9 months ago

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

[–] capital@lemmy.world 16 points 9 months ago* (last edited 9 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.

[–] themeatbridge@lemmy.world 15 points 9 months ago (1 children)

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

[–] maniclucky@lemmy.world 11 points 9 months ago

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