• XPost3000@lemmy.ml
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    1 year ago

    Shu also tells me that RIF was paying a “sizable revenue share” to Reddit beginning in 2012, which was during Yishan Wong’s tenure as CEO.

    Shu says Reddit terminated the agreement in 2016 — which was the year after Huffman took over as CEO.

    Bruh, RIF was already paying reddit until Reddit said “no”, but now reddits like “um actually it just happens to be expensive to run an app like Reddit”