I don’t know if I agree with the characterization that Apollo is a fully direct competitor of Reddit.

Okay, hold on, timeout. You go to the App Store, you type in Reddit, you get two options, right? There’s Apollo. You go to one, it’s my business, and you look at our ads, use our products. That’s 95 percent of our iOS users. The rest go to Apollo, which uses our logo, or something like it, takes our data — for free — and resells it to users making a 100 percent margin. And instead of using our app, they use that app. Is that not competitive?

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