Interesting product and projects, amazing work life balance, generally good people
Uninspiring leadership, terrible middle management, massive bureaucracy considering company size, CEO is completely unqualified and demotivating, awful product prioritization, rampant technical debt, and no real decision making capability by ICs or line managers. Things used to be better, but culture and company has been on a steady decline.
YOE : 20 Offered level : M3 (Senior Manager) Base : 270K RSUs : 8K units per year ( price : 30 - 35 $ ?) Is it a good time to join Reddit? How are the revenue numbers looking for Reddit? Any chances of becoming IPO in next 3 - 4 years? current TC : 650K #engineering #reddit #offereval #M3
Finally reddit is going public, congrats to the holders!
Reddit was calculating employee TC at $64 a stock. And now they are going to IPO at 31-34. Employees will probably be able to sell at like 25 because the stock is going to drop at open. I almost took the Reddit offer in 2021. Phewwww!!! Sorry guys.
How's the compensation for Reddit staff engineer with 15 yoe ? Heard they don't negotiate. Is it true ?
Reddit just did mass layoffs in the data science org today. Not sure about the total number, but estimating at least 50-100 people impacted. Not posting from Reddit account for anonymity. #tech #reddit #layoffs #datascience
@Reddit #Reddit How do I get content removed from Reddit immediately? Someone created a username with my full name and has leaked / posted photos of me without my consent. I feel like throwing up. Aside from reporting the content itself and contacting support, is there any other way to get this rem...Read more
The stock is projected to 3x within the next month, can’t wait to see everyone’s gains from working there
I received the below offer from Reddit Base: 240k Annual bonus: 0 RSU: 90k per year, for 3 years, based on 10B valuation. Does it make any sense to accept this over other offers with 2x RSU and 15% bonus? Reddit will need to grow to 25B valuation to break even. Their last valuation was 6B, but th...Read more
CEO and leadership kept a consistent message that there would be no layoffs after slashing multiple benefits and time off under the excuse that those were necessary in order to retain the talent they most certainly would not get rid of Fast forward to last week and some quiet layoffs started taking...Read more
https://www.cnbc.com/2024/03/28/reddit-shares-on-a-two-day-tumble-after-post-ipo-high.html
Anyone else grabbing some pre-IPO shares between $31-34? I should have 1K shares coming via E*Trade/MS. Thoughts on the $6B valuation? This seems like a big roll of the dice on the 3/21 listing date. 👀🍿#investments
Already at its peak in terms of user growth, revenue etc. They have limited innovation room
Have any of you bought any of these in the past 2 weeks: GME, BB, PLTR, NOK, BBBY because of all the discussion action on Reddit? Can Reddit buyers can really move the stock that much? I guess AMC and FUBO are popular ones as well.
What do people think about reddit? Will it have meta-like growth in ads revenue? What is the engineering culture like? #reddit
Now since Reddit is public and listed, can we see multiple lawsuits against them for selling data to openai? They made 9 figures on public data. Facebook faces a lot of backlash for almost same thing, why is reddit different? Tc - 320k
major outage + every google result i click on is a private community today what are you all using as backup?