I Am Sam Altman, Reddit Board Member and President of Y Combinator. AMA

<i>reddit has more than $50MM in the bank, which will last many many years. At some point the business needs to be profitable. Monetizing AMAs does not seem like the right way to do it to me, but again, Steve&#x27;s call. Ads will work but it&#x27;d be great to figure out something better that actually makes reddit better.</i><p>What worries me is the trend of Silicon Valley darlings like Reddit, Uber and AirBnB that aren&#x27;t profitable but still in business.<p>From a monetization point of view Reddit isn&#x27;t going to be different than any other news channel out there. It&#x27;s not a question of quality and never really have been. Not enough people pay for quality content. Yet newspapers and VCs keep this illusion alive.<p>It seems like lots of VCs trying to milk companies that aren&#x27;t making any money.<p>There is probably something I am not understanding but it seems like the emperor gas no clothes and it&#x27;s only a question about when the boy is going to say the obvious.<p>Whats going on?

&quot;I receive about 1200 and send about 200 (emails per day)&quot; - Wow, not sure how he gets anything done with that amount of context switching.

On a meta note, I&#x27;m curious what parameters are ideal for AMA&#x27;s. I say this as Sam&#x27;s AMA has been up for 3 hrs, has ~1k comments, yet you have to scroll past a drove of noisy, repetitive posts. Forgive me for overgeneralizing, but I seem to get turned away as the audience for these things increase.

Does anybody else find it weird that he kept asking about an android app when there are many reddit android apps that work just fine? I&#x27;d like to know what he&#x27;s looking for in an android app that he hasn&#x27;t seen yet. I personally use &#x27;reddit is fun&#x27;.