1136
submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world

Reddit isn't profitable, despite having more than 50 million daily active users. In preparation for an IPO, CEO Steve Huffman put the platform's API

you are viewing a single comment's thread
view the rest of the comments
[-] Dark_Arc@lemmy.world 166 points 1 year ago

The funny thing is... for me it wasn't even the API changes, it was how Steve reacted to the community feedback. If you need to make your app profitable that's fine by me, but don't ignore your customers so bluntly. They could've easily worked politely with devs to find an agreeable API price, find alternative funding streams for those devs, etc. They did none of that, instead Steve acted like a jerk.

[-] 8ender@lemmy.world 56 points 1 year ago* (last edited 1 year ago)

Honestly if they’d worked with the Apollo dev and he’d turned around and proposed something reasonable like $2 a month to continue using it I’d still be on Reddit.

Treating Reddit users like shit, treating devs who have made their whole business about making Reddit better like shit, fucking with unpaid mods, and finally, this weird manifest destiny attitude that Reddit will succeed despite all of the above turned me to the Fediverse.

[-] coltorl@programming.dev 30 points 1 year ago

Just make it part of reddit premium! Ugh, why wasn’t that the solution.

[-] Maya@lemmy.fmhy.ml 13 points 1 year ago

Because that doesn't kill the competition.

I have been so spoiled by my 3pa I can't even look at the old.wasit.com I just see

Ad Post Post Ad Post Post Post Ad Next page.

Idk how people put up with that.

[-] Ketchup@reddthat.com 2 points 1 year ago

Embrace Ad Ad Extend Ad Extinguish 30 second non skippable ad

[-] HelloHotel@lemmy.world 2 points 1 year ago

That link is extremely dead, what was it

[-] Maya@lemmy.fmhy.ml 2 points 1 year ago

Reddit was it but not anymore

[-] wh3resmym1nd@lemmy.one 4 points 1 year ago

Stil frustrates me. Being fair about why the business side needs it and then giving a time frame to devs to integrate with premium calls would have been the best option.

There would have been some revolts because of it, but nothing like the last few weeks imo

[-] AccidentalLemming@lemmy.world 6 points 1 year ago* (last edited 1 year ago)
[-] wh3resmym1nd@lemmy.one 1 points 1 year ago

Good point! It was not a given, but right now it seems like Reddit's choices (and related events at Twitter/Meta) have been driving new platforms to emerge. I'm still incredibly suprised by the adoption of Lemmy and Kbin and especially the quaility and diversity of available apps for the platforms. It's just really cool to see what people can do when they care about communitites of people coming together.

load more comments (5 replies)
load more comments (30 replies)
this post was submitted on 07 Jul 2023
1136 points (100.0% liked)

Technology

59276 readers
3575 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 1 year ago
MODERATORS