Comment by achikin
2 years ago
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?
2 years ago
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.