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Technology @lemmy.world

L4sBot @lemmy.world

1y ago

Reddit risks losing its identity in pursuit of profits

www.techzine.eu Reddit risks losing its identity in pursuit of profits

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

Reddit risks losing its identity in pursuit of profits

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

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202 comments

$10/mo is probably in the ballpark.
I honestly don't think the pricing was unreasonable. The main issue was the execution.
- Only reasonable for an individual, bulk tools need more juce than a reg user, reddit holds a lot of cards for what to do to adress the power users
  
  A lot of the mod tools were exempted. I imagine the ones that weren't didn't even try in protest.
  
  A lot of power reddot has over mod tools that want to stay now. No wonder devs left
  
  I agree. reddit acted very poorly; however, you could get your tool exempt by licking their boots.

202 comments