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Steve Huffman

CEO Reddit

Co-founder and CEO of Reddit. Has led the company through IPO in 2024 and controversial API pricing changes.

Career History

Reddit Current
CEO

Track Record

$3.4M

During the June 2023 Reddit API controversy, CEO Steve Huffman called protesting volunteer moderators 'landed gentry,' comparing them unfavorably to democratically accountable leaders. Despite relying on unpaid moderator labor estimated at 466 hours per day ($3.4M annually at $20/hour), Huffman refused to compensate them or invest in paid moderation. On June 22, Reddit began pressuring subreddits continuing their blackout to reopen, threatening to install new moderators. Huffman dismissed the protest of 8,500+ subreddits as a 'small group' that is 'very upset' and said the blackout 'will pass.' The stance demonstrated contempt for volunteer labor essential to Reddit's platform while extracting value from their unpaid work.

$10.0M

In June 2023, Reddit CEO Steve Huffman told employees that Apollo developer Christian Selig was blackmailing the company for $10 million. Selig publicly refuted the claim with audio recordings of his conversation with a Reddit employee that disproved the extortion allegation. In a June 9, 2023 AMA, Huffman doubled down, criticizing Selig for 'recording and leaking a private phone call' and saying he didn't know how Reddit could do business with him. The false accusation appeared to be retaliation against Selig for publicly disclosing Reddit's prohibitive API pricing that would force Apollo to shut down.