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Last year, Steve Huffmann aka /u/spez, CEO of #reddit, enforced an API pricing plan that killed all third party apps, leaving only the piss-poor proprietary app.

He claimed this was "necessary" because reddit wasn't turning a profit.

He got paid $193,000,000 that year. That is roughly 25% of all revenue. Revenue, not profit.

Now he wants to sell all data for training AI - to Google.

https://www.thedailybeast.com/reddit-files-to-go-public-reveals-that-it-paid-ceo-dollar193-million-last-year

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