The Verge reacting to Reddit's spokesperson trying to discredit them : reddit

this post was submitted on 25 Jun 2023

719 points (99.3% liked)

13634 readers

1 users here now

founded 5 years ago

MODERATORS

[email protected]

719

The Verge reacting to Reddit's spokesperson trying to discredit them (pixel.tchncs.de)

submitted 1 year ago* (last edited 1 year ago) by [email protected] to c/[email protected]

150 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 9 points 1 year ago (1 children)

I don't trust reddit reporting that value accurately. Not saying it is a huge percentage, but they likely doing some things to minimize the numerator and maximize the denominator.

But yeah, definitely about control. They could have monetized users on third party apps with more reasonable API pricing. People would probably have barely noticed and that'd be new revenue for reddit that didn't exist before.

[–] [email protected] 3 points 1 year ago (1 children)

If they charged 1/3 of what they are for third party clients to access the API and required Reddit Premium for API access…. They could have made a mint! Plus they could have reported huge upticks in subscribers to their service. THAT would have looked good to Wall Street for an IPO.

Instead we get this fuster cluck.

[–] [email protected] 3 points 1 year ago

Yeah, that would have been smart. But Huffman has publicly (and unwisely) admitted that he admires Elon, which means he is currently not at home to Mr. Smart.