Technology

40861 readers

380 users here now

A nice place to discuss rumors, happenings, innovations, and challenges in the technology sphere. We also welcome discussions on the intersections of technology and society. If it’s technological news or discussion of technology, it probably belongs here.

Remember the overriding ethos on Beehaw: Be(e) Nice. Each user you encounter here is a person, and should be treated with kindness (even if they’re wrong, or use a Linux distro you don’t like). Personal attacks will not be tolerated.

Subcommunities on Beehaw:

This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.

founded 3 years ago

MODERATORS

remington@beehaw.org

alyaza@beehaw.org

TheRtRevKaiser@beehaw.org

gyrfalcon@beehaw.org

rs5th@beehaw.org

coldredlight@beehaw.org

SemioticStandard@beehaw.org

112

Mastodon CEO steps down with €1M payout and a deep sigh (www.theregister.com)

submitted 2 weeks ago by Powderhorn@beehaw.org to c/technology@beehaw.org

26 comments fedilink hide all child comments

Eugen Rochko, CEO and founder of decentralized social network Mastodon, is stepping down after nearly a decade at the helm and walking away with a sizable exit payment.

"Mastodon grew beyond any of my expectations," he said. "The past two years especially have been overwhelming, and my mental and physical health have taken a dip."

Rochko's move has, by his own admission, been a while coming. In April 2024, the establishment of a US nonprofit was announced with a governing board of directors that included Twitter co-founder Biz Stone. Rochko also announced that his ownership of the trademark and other assets were headed to the nonprofit.

you are viewing a single comment's thread
view the rest of the comments

[–] nyankas@lemmy.ml 25 points 2 weeks ago

In 2023, it was €5.000/month (source).

That‘s about as much as a full stack software developer makes in Germany working a 40h week (source).

Seeing that he was a CEO, definitely worked more than 40 hours per week and was the driving force behind Mastodon, I, as someone who supports them financially, am totally okay with him getting a big payout now.