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comment by mk
mk  ·  3710 days ago  ·  link  ·    ·  parent  ·  post: Sam Altman: Reddit

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.