Lifeboat Foundation

Now, Huffman has defended his pay packet in a Q&A video on the platform.

“Look, I’m glad this question was asked because there’s been a lot of commentary on this topic,” he began, adding that his compensation—which is made up of salary and stock—is set by Reddit’s board depending on his performance.

“If the company does well, I will do well,” the CEO added. “If the company does not do well, I don’t either.”