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The fact that Sam Altman thinks Yishan Wong has anything but a disastrous vision for Reddit bodes very poorly for the future of Reddit. It is an accident in slow motion.
He must be convinced that Reddit can make more money than it currently does. AFAIK, revenue is not something that comes easy to them. 50M of VC at a 500M valuation is going to require that they become significantly more profitable. Perhaps this revenue-sharing model may be a way for them to make upcoming monetization moves more palatable to the community.