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Re:Fidelity has cut Reddit valuation to $4.5B from $10B by aaomidi on Friday June 30, 2023 @02:12PM (#36539608)
The intelligent action here would've been a profit sharing model with the third party apps and Reddit.

This would've also created an internal competition for Reddit to improve their app.

The profit sharing didn't need to be that large either. 5-10% would've been huge.

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