I don't think it's wrong for Spez to charge for API access, but the rates he's vowing to charge are excessive and clearly designed to nuke third-party apps from their ecosystem.
As for how I'd make money from Reddit in his shoes, I'd:
- Add more features for Reddit Premium, like being able to view more than 1,000 items on the front page, video uploads in comments, or enhanced search functionality.
- Add OnlyFans-style subscriptions or revenue sharing for partnered subreddits/users, with a 90% to 10% cut between content creators and Reddit.
- Bring back RPAN as a full time streaming platform to compete with the likes of Twitch/Kick.