An amount that doesn't mean immediate death to all third-party apps would be a good start.
I don't know what the right number is, but Reddit has made it abundantly clear with this move that they aren't interested in finding it.
Honestly, I doubt there is one anymore (for me at least). Any trust I had for their corporate leadership before has completely evaporated. If they were to lower the prices to a "reasonable" level now it would indicate that they either capitulated (but didn't get to do what they really wanted and probably will try again later) or they are just being manipulative and wanted to use this as a way to show "goodwill" by bringing the price down.
The concept of the fediverse these days has me hopeful for a time where we don't need to worry about these big dumb corporate interests holding our data and the control over it hostage. Any publicly owned (or private trying to go public) organization with a profit incentive is bound to make stupid, short-term decisions eventually, and this is just one of many of Reddit's forays into that arena. They will continue to get worse and worse, regardless of how effective the protesting is.
Much, much less than what they were asking for. The top reddit app was being faced with a yearly bill in the tens of millions of dollars, and comparison to other social media website APIs saw a price discrepancy of 20x iirc.
Reddit asked ~2M$ per month. In his rant Apollo creator told that he‘ll be ok paying half of that. Can you imagine how much is he making on free Reddit APIs?
Can you imagine how much engagement the platform gets as a result of his work?
Just saying, it's never fair to try and say any one party in this arrangement is just leeching off another.
Reddit provides a platform, Users provide the community, and third-party app developers make interaction between the other two easier. Third-party apps aren't even able to engage with certain reddit content because the API never exposed it, but people still choose them; That says a lot about how they feel about the official app, and the real value that third-party devs provide.
What's crazy to me is that Reddit could have easily achieved their goals by just investing in developing a really good native app that people want to use, thereby monetizing them while also building goodwill! This whole thing could be achieved and make them look -better-. But they are making stupid short-term decisions to be able to IPO and they chose the stick over the carrot.
An amount that doesn't mean immediate death to all third-party apps would be a good start.
I don't know what the right number is, but Reddit has made it abundantly clear with this move that they aren't interested in finding it.
Honestly, I doubt there is one anymore (for me at least). Any trust I had for their corporate leadership before has completely evaporated. If they were to lower the prices to a "reasonable" level now it would indicate that they either capitulated (but didn't get to do what they really wanted and probably will try again later) or they are just being manipulative and wanted to use this as a way to show "goodwill" by bringing the price down.
The concept of the fediverse these days has me hopeful for a time where we don't need to worry about these big dumb corporate interests holding our data and the control over it hostage. Any publicly owned (or private trying to go public) organization with a profit incentive is bound to make stupid, short-term decisions eventually, and this is just one of many of Reddit's forays into that arena. They will continue to get worse and worse, regardless of how effective the protesting is.
Much, much less than what they were asking for. The top reddit app was being faced with a yearly bill in the tens of millions of dollars, and comparison to other social media website APIs saw a price discrepancy of 20x iirc.
The other social media API is Imgur.
Pricing for Imgur is: $500 for 7.5m requests then $0.01 per request after that. Then $10,000 for 150m requests and $0.01 per request after that.
Reddit is at $0.24 per 1,000. Or $0.00024 per request.
Imgur is cheaper for 150m requests but Reddit is cheaper for 500m requests.
So really, what is a reasonable pricing?
Is this a like with like comparison?
Is delivering an image of comparable cost to delivering text via an api?
I have zero experience in this area so could learn something.
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Surely you see a difference between serving pictures and serving text.
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Reddit asked ~2M$ per month. In his rant Apollo creator told that he‘ll be ok paying half of that. Can you imagine how much is he making on free Reddit APIs?
Can you imagine how much engagement the platform gets as a result of his work?
Just saying, it's never fair to try and say any one party in this arrangement is just leeching off another.
Reddit provides a platform, Users provide the community, and third-party app developers make interaction between the other two easier. Third-party apps aren't even able to engage with certain reddit content because the API never exposed it, but people still choose them; That says a lot about how they feel about the official app, and the real value that third-party devs provide.
What's crazy to me is that Reddit could have easily achieved their goals by just investing in developing a really good native app that people want to use, thereby monetizing them while also building goodwill! This whole thing could be achieved and make them look -better-. But they are making stupid short-term decisions to be able to IPO and they chose the stick over the carrot.
According to [1] in Q1 2023 Facebook had revenue of $48.85 from the average US/Canada user, and $9.62 per user worldwide.
Reddit, on the other hand, makes <$1 per user worldwide.
So, a reasonable price would be somewhere between $4 and $200 per year
/s
[1] https://www.statista.com/statistics/251328/facebooks-average...