this post was submitted on 17 Jun 2023
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This Reddit post didn't age well... (beehaw.org)
submitted 1 year ago by eclipse@beehaw.org to c/chat@beehaw.org
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So this was 10 years ago, lol. How the tables have turned

Link: https://www.reddit.com/r/todayilearned/comments/1onx27/comment/cctw6ea

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[–] KingCyrus20@lemmy.fmhy.ml 4 points 1 year ago (1 children)

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 he says initiated the talks with Reddit to create the agreement, which allowed for the licensed use of Reddit’s trademarks. (At the time, the app was called “reddit is fun.”) Shu says Reddit terminated the agreement in 2016 — which was the year after Huffman took over as CEO.

Source

It's a shame that Reddit's greed has even prevented them from considering reasonable options like revenue sharing.

[–] cptapathetic@rustyshackleford.cfd 3 points 1 year ago

Does anybody else remember when they were really pissed off at the old CEO and people rejoiced when u/spez was made CEO?