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Comment by justinhj
Forgive me if I'm making a simplistic reading of this, but it seems the CEO has said that whilst apps and bots are making some good money, Reddit is losing money. Assuming Reddit has already taken cost saving measures (with 2000 staff maybe not), then how can they continue as a business losing money?
I wonder if a model would work where all monetization of api calls has to be done through Reddit and the API itself, and they do a 30% revenue share with the apps?