Sam Altman has a Substantial Stake in Reddit, which might also explain the ability of OpenAI to train on top of Reddit and the future AI licensing deals between the two companies.
AI licensing will play a key role in Reddit’s business modeling
Reddit Business Model In Numbers
Reddit reported $804.03 million in revenue in 2023, and $-90.82 million in net losses, compared to $666.7 million in revenue and $-158.55 million in net losses in 2022.
By Q4 2023, Reddit had 73.1 million daily active users, 36.4 million in the US, and 36.7 million in the rest of the world.
In Q4 2023, Reddit reported $3.42 ARPU globally, $5.51 in the US, and $1.34 in the Rest of the World.
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