Reddit CEO Steve Huffman on blackout: It's expensive to run a company.
"It's time we grow up," says former moderator of jailbait subreddit.
Remember when Spez said it was "It's time we grow up and behave like an adult company"? Apparently, that means paying himself $193 million and single-handedly tanking Reddit's profitability right b...
I just commented on another similar article! His reasoning for this move contradicts itself! How can he claim that the overwhelming majority of users (97%) use the official Reddit app, but the use of 3rd party apps is destroying their bottom line? That means that that the lost profit from 3% of users are the reason for the API price change?
And… if there are only 4-5 big 3rd party apps (like Apollo, RIF), why force them out of the market? If only 3% of users use them, are they really that big of a deal? Why are the prices so astronomically high?
This is Reddit consolidating their empire. I hope that folks are prepared for future roll-outs of new subscriptions and reasons that Reddit users need to pay.
It makes so little sense to me. They could have charged a reasonable amount and made some money off of the apps, but instead, they chose to kill them and lose their users. Some might migrate to the official app, but this uproar may have caused even more to leave the platform entirely.
I'm honestly shocked the redditors are so blind to this. Do they actually think it'll just be plain sailing from here on out?
Maybe in just to old skool and remember a time when Reddit would have really stood up.
It absolutely will not be plain sailing - I think that the protest is an early warning sign. People that stick to Reddit are going to be bombarded with ads, Premium features, and new programs after Reddit goes public.
I am an Apollo user until the end - I think that after having such a good experience under Christian, I forgot how scummy a big corporation can be. Times are changing - we just saw some similar things with Musk taking over twitter.
At this point this seems intentional. This has definitely pushed me away from Reddit and I’m already seeing a lot more meaningful conversations on Lemmy. All I ever saw on Reddit anyways is people just trying to one up each other on the comment threads for upvotes. Took a lot of scrolling to even get to people actually talking about the topic.
Agree it's intentional. Normies don't care about any of this and will just follow the memes. Most of us here are the users that had ad blockers and probably didn't care about giving gold.
Giving and receiving gold was surprisingly, one of my least favourite things. Someone gave me gold once and i felt beholden to say thank you? I didnt ask for it, i didnt comment in hopes of getting given “gold”. I never gave anyone else gold. Why would i give a shit about getting it myself? Its a fucking forum.
“It’s time we grow up,” says former moderator of jailbait subreddit.
See this is another thing, how is Reddit management not in prison and on the sex offenders list? They willfully and knowingly distributed child pornography for YEARS. And it's not like they're rich enough or have enough high up connections to get out of it. What the fuck?
From what I remember, jailbait getting taken down was either what they did right before or right after reddit got sold to whoever. And then, iirc, in 2018-ish they got bought by a Chinese company.
What are you talking about? There was no sale in 2018, much less to "a Chinese company". AFAIK the last company that owned Reddit was Condé Nast (the purchase in 2006). Since 2011 they have been independent of Condé Nast. Since then, they've been reliant on venture capital.
Edit to add: Anderson Cooper's calling out of Reddit for hosting the jailbait subreddit in 2011 is the impetus for it being taken down, not the sale of the company.