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Cake day: July 22nd, 2023

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  • hansl@lemmy.worldtoProgrammer Humor@lemmy.mlcodeStyle
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    7 months ago

    People who learnt structural OOP without actually understanding typing system and their benefits really struggle with learning Rist as they try to map classes onto structs and it just doesn’t work.

    Traits are not inheritance. Box is not polymorphism. Rust is not C++ with more keywords.


  • That’s a deep misunderstanding of how that number came to be. He wasn’t paid 193 millions. He was paid something like 6 millions.

    The rest is shares that he got and kept through the whole period. When you setup a company you create a number of shares that founders buy (with most kept on the side for investors). As you grow so do those shares value, and you’re also granted some as bonus/salary/et . At 10B those share are worth 190 millions. If Reddit would be worth 1 billion those shares would be 19 millions.

    Basically he owns about 2% of Reddit.

    Almost every IPO in history has resulted in a significant drop in value on the first weeks as early investors drop their shares on the market and hype goes down. I would be surprised if Reddit loses half of its value in the first month alone. It is much less bullish than a lot of other recent IPOs.