It doesn't matter what he says - it's pretty obviously just greed to any outside observer who doesn't think like greedy CEOs do.
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I modded r/beholdthemasterrace, which was specifically for making fun of literal Nazi inbreds.
It's too early to see a face and get into a slapping mood.
Get fucked, u_spez
“It’s my money and I want it now!”
Welcome all reddfugees!
Quick, contribute your $34 so he can get a raise next year.
The guy is just trying to cash out as much money out of Reddit as he can until people realize how overvalued the site really is.
While I don't want to support reddit or turbo capitalism, I think a viewpoint that is often missed here is the fact, that a fair share of those subreddits are created and moderated by people that create and hold together communities, especially in the beginning of the sub. There are also a lot of cases were the platform is used to cross link to other platforms and gain profits there.
This is the norm for any big business. The top dogs will be wildly paid even if the company is struggling. They'll get a big fat payday even if they get kicked out (golden parachute). Hell, even the bosses in the NYC Public Library system are pulling in close to a million bucks a year even as they talk about cutting services.