I get your point in principle, but a startup doing whatever tf they want with their profits is a completely different kettle of fish from a charity doing whatever tf they want with donations.
Especially when said donations were donated under the impression they'd be used specifically towards the charity's cause, rather than inflating a c-suite executive's bonus for the umptieth time.
"rather than inflating a c-suite executive's bonus for the umptieth time."
The point is, if they are being paid 30% or 40% more than what I get paid when I am at a poorly funded startup (that is, if they are getting paid what I would be paid if I was working at a larger firm) then you cannot say their salary is inflated, unless you want to argue that everyone working in tech has an inflated salary -- and you can certainly make that argument, but you should do so clearly, and at that point your complaint is not about WikiMedia anymore.
Especially when said donations were donated under the impression they'd be used specifically towards the charity's cause, rather than inflating a c-suite executive's bonus for the umptieth time.