Reddit’s Cofounder And CEO Steve Huffman Is Now A Billionaire

https://www.forbes.com/sites/monicahunter-hart/2025/11/02/reddits-ceo-debuts-as-a-steve-huffman-billionaire-20-years-after-cofounding-the-company/

203 points · 60 comments · view on lemmy.world

60 Comments

dhork@lemmy.world · 142 pts · 283d (5 replies)

He'll always be my greedy little pigboy

AtariDump@lemmy.world · 56 pts · 283d

buddascrayon@lemmy.world · 7 pts · 282d (3 replies)

We can make fun of him all we want but he's still a billionaire off the backs of millions of redditors.

dhork@lemmy.world · 3 pts · 282d (1 reply)

Is there any other way to become a billionaire, other than off the labor of others?

(Well, maybe if you bought $1K in Bitcoin 15 years ago, I suppose)

buddascrayon@lemmy.world · 4 pts · 282d

I'm simply saying that the enshitifacation will not stop until redditors quit the platform en masse and tell him and his shareholders to go fuck themselves.

YesButActuallyMaybe@lemmy.ca · 1 pts · 282d
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ModernRisk@lemmy.dbzer0.com · 117 pts · 283d (25 replies)

As bots and sponsored content crowd the internet, Reddit is often seen as a more reliable source of information

How true is this nowadays though?

theunknownmuncher@lemmy.world · 95 pts · 283d (13 replies)

Reddit is easily more bots and astroturfing than any other website on the internet.

The karma system is a black box for a reason. Votes go in, some other number that is not vote count comes out.

massive_bereavement@fedia.io · 68 pts · 283d (7 replies)

I don't think that's accurate.

Do you know what's accurate? The new Gillette octashave five blade shaving system.

It relies on an AI system to deliver the most accurate shave you can get anywhere.

tidderuuf@lemmy.world · 45 pts · 283d (6 replies)

That is utter trash. Such astroturfing should not be tolerated here.

What you really need is the new Gillette Labs Heated Exfoliating and Wifi Enabled Smart Shaver, it takes the guess work out of a good shave.

ReallyActuallyFrankenstein@lemmynsfw.com · 21 pts · 283d (1 reply)

It's honestly shocking how these posts above successfully distract you from the great taste of Ovaltine.

foodandart@lemmy.zip · 14 pts · 283d

But do remember, Tang has all your daily requirements for Vitamin C and is the Drink of Astronauts!

snooggums@piefed.world · 8 pts · 283d (3 replies)

What a real man needs is an old fashioned Gillete Analogue Safety Razor with no unreliable tech. You pay the same amount, but for more reliability!

Gilette Analogue Satey Razor not compatable with safety razor blades, replacements cost $3 per blade and safety is not guaranteed

Obi@sopuli.xyz · 5 pts · 283d

$3 per blade? Try 30!..

homesweethomeMrL@lemmy.world · 4 pts · 283d (1 reply)

Lol, I don’t think so my dude! The only smooth, confident shave I’ll rely on is the Gillette Seven blade system, with shock-absorbing power grip handle and the most popular drivetrain in its class! It’s built Ford tough!

RunningInRVA@lemmy.world · 4 pts · 283d

But does it have a Hemi? Like most all truck owners, I have no idea what it is, but I know my shaver needs it.

_haha_oh_wow_@sh.itjust.works · 11 pts · 283d (3 replies)

As fucked as reddit is, I doubt it's the worst: X seems far worse.

Tollana1234567@lemmy.today · 3 pts · 283d (2 replies)

X is basically a russian/nazi platform , there is very little safe space for left leaning content to be discussed that is not immediately astroturfed by right wingers or left-tankies. and not to mention the incredible amount of bots on reddit. 50% is bots, and alot of them seem to be mostly AI generated posts.

_haha_oh_wow_@sh.itjust.works · 1 pts · 283d (1 reply)

There's an incredible amount of bots on X too though

lechekaflan@lemmy.world · 1 pts · 279d
  • Anyone with "web3" and crypto in their profile description.
  • Indian account names.
  • Generated pixel-art avatars.
Tollana1234567@lemmy.today · 2 pts · 283d

aside from facebook, its also one of the most oppresively moderated/banning site out there. they go out of thier way trying fish out methods you can use to have alternate accounts from being used.

drmoose@lemmy.world · 25 pts · 283d (3 replies)

This has been true 10 years ago but now I'd actually think Reddit is significantly less trustworthy on average.

The astroturfing is insane. Literally every company I contract with has a #reddit slack channel where they orchestrate some form of astroturfing. Also most of software related subreddits are 100% astroturfed by admins who get kickbacks from promoting some SaaS or burying stories.

Basically any subreddit with external contact (discord, email etc) is open for "cooperation".

This is not even covering major propaganda ops by troll networks, just commercial astroturfing. There's current ongoing story that Ghislane Maxwell - yes that one - was a major mod on r/worldnews. Isn't that just crazy?

REDACTED@infosec.pub · 9 pts · 283d (1 reply)

Ghislane Maxwell - yes that one - was a major mod on r/worldnews.

fucking WHAT?

EDIT: Everyone seemingly calls it a conspiracy theory with no proof

Deep dive here: https://coagulopath.com/ghislaine-maxwell-does-not-have-a-secret-reddit-account/

drmoose@lemmy.world · 2 pts · 283d

It's definitely a theory but I wouldn't discard it just yet as with there power user accounts often more than a single person is using it.

Thats why Reddit is fundamentally untrustworthy - admins of influential subreddits like r/worldnews should all be transparent not some secret agents.

Tollana1234567@lemmy.today · 1 pts · 283d

russian back propaganda, disgusing as conservatives is so pervasive too.

panda_abyss@lemmy.ca · 15 pts · 283d

For 10 years I’ve been asked to write software to astroturf reddit.

So maybe it’s seen as good, but it isn’t.

And for anyone wondering, I declined. I didn’t want to and if they had they would have been flogged by redditors when they figured it out (which they would have).

Also from that era I built a tool that scraped user histories and built a network of which communities and interests Redditors had. Then you could drop in a user and it would pull their sex, interests, approx age, etc.

And all that was from public Reddit data before companies like Facebook and Google saw every hyperlink you ever clicked.

imetators@lemmy.dbzer0.com · 5 pts · 283d

Ahahaha. That is hilarious! With closed profile history and subs that got occupied by politics/business bots - reliable my ass. How can anyone speak about reliability without any transparency...

Railcar8095@lemmy.world · 4 pts · 283d (1 reply)

For the average user is still true. Even I check using alternative front ends, but I'm less trusty.

It will take years of enshitification before things go down, and by then the rest of the internet will be shit too, so who knows how it will stack

Doomsider@lemmy.world · 3 pts · 282d

Having used Reddit for over a decade it went downhill when the masses started using it. You couldn't discuss things like socialism or Linux without huge amounts of propaganda regurgitated by uniformed users.

Once Reddit embraced the right wing it was pretty much over for me. The final nail was when they started blocking API access but it was already pretty bad by then.

phoenixz@lemmy.ca · 3 pts · 283d

Heh? That hadn't rung true in years now.

Son_of_Macha@lemmy.cafe · 2 pts · 282d

Reddit is now full of bots

jimmy90@lemmy.world · 0 pts · 283d

in the communities that matter to me such that i can make an accurate judgement i find this to be correct

in the more political and news subs it might well be a shit show

henfredemars@infosec.pub · 62 pts · 283d (1 reply)

Is this the jailbait mod guy?

snooggums@piefed.world · 18 pts · 283d

Of course!

flandish@lemmy.world · 50 pts · 283d

spez himself has admitted to making db level edits of comments. what a fucking piece of shit.

SatansMaggotyCumFart@piefed.world · 32 pts · 283d (2 replies)

Reddit stock has almost doubled since I stopped creating content for them.

homesweethomeMrL@lemmy.world · 10 pts · 283d

I knew it was all your fault!

foodandart@lemmy.zip · 9 pts · 283d

Please, oh please tell me you had the same username on Reddit!

Kolanaki@pawb.social · 30 pts · 283d

Greedy little piss baby.

TheReturnOfPEB@reddthat.com · 29 pts · 283d (3 replies)

I wonder which he would rather have ... the billionaire title or Aaron Swartz alive ?

CaptDust@sh.itjust.works · 40 pts · 283d

I often wonder how different things would be if spez kicked the bucket and Swartz retained full control. Could have been a shining light in the sea of silicon valley dumbfuckery

rozodru@pie.andmc.ca · 15 pts · 283d

think we all know the answer to that one.

Tollana1234567@lemmy.today · 2 pts · 283d

AS AN alien he probably consumed aaron and finally achieved human form.

NOT_RICK@lemmy.world · 17 pts · 283d (1 reply)

Gross

Tollana1234567@lemmy.today · 1 pts · 283d

a space alien.

Blackfeathr@lemmy.world · 8 pts · 283d

lil pig boy, king of the shit pile.

fartographer@lemmy.world · 5 pts · 283d

Good for him! I hope he's delicious

wuffah@lemmy.world · 5 pts · 283d

Oh yea? Well I quit Reddit, so take that Steve.

I_Has_A_Hat@lemmy.world · 5 pts · 283d (1 reply)

Pretty sure that was the goal. Heard a theory back when reddit really started ramping up the enshittification with the API changes that Steve had started hanging out with other tech moguls and was embarrassed that he wasn't as rich as them (a mere $50 million) so started pushing hard for these changes to increase his net worth.

thermal_shock@lemmy.world · 1 pts · 282d

A 5% return on 50 mil is 2.5mil/year. Fuck billionaires, hope they all die sooner than later.

bizzle@lemmy.world · 4 pts · 283d

Compost the billionaires.

PunnyName@lemmy.world · 4 pts · 283d (2 replies)

And how much more work did he do that got him to deserve a billion, compared to the average worker?

::: spoiler - He didn't. Billionaires should not exist. Eat the rich. :::

Kyrgizion@lemmy.world · 5 pts · 283d

Almost all of the tech side of (early) Reddit was done by Aaron Schwartz. It's despicable that this overcooked noodle of a man becomes a billionaire on the back of his achievements.

Themosthighstrange@lemmy.world · 2 pts · 283d

Hey do you know how hard it is to huff your own farts all day while pretending to work? Steve Huffman knows all about that.

desmosthenes@lemmy.world · 4 pts · 283d

selling out the world can do that

slaacaa@lemmy.world · 4 pts · 282d

If people were wandering what the 2023 API stuff and the following enshittifications were about: this. He wanted to be a billionaire like all is tech dudebros. Now he is. It’s that simple

flamiera@kbin.melroy.org · 4 pts · 283d
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ZiemekZ@lemmy.world · 3 pts · 282d

SoftestSapphic@lemmy.world · 3 pts · 282d

Nothing will meaningfully improve until the rich fear for their lives

resipsaloquitur@lemmy.world · 3 pts · 283d

The moderator of r/jailbait?

Mr_Dr_Oink@lemmy.world · 2 pts · 282d

Been on lemmy since the start of all this reddit crap. So glad i never went back.

ordnance_qf_17_pounder@reddthat.com · 1 pts · 283d
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lechekaflan@lemmy.world · 1 pts · 279d

Punchable face.