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submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world

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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[-] Weirdfish@lemmy.world 11 points 1 year ago

I would have happily paid $5 a month for baconreader, probably as high as $10.

In both time and quality, I used it far more a month than netflix, hbo, or hulu.

I don't know what it would have cost to keep baconreader active with the API changes, but from what I read the price was intentionally design to be unsustainable.

It wasn't about making 3rd party access to the api profitable, it was about making 3rd party apps go away to push ads and harvest user data.

In the final weeks, myself and many others said we'd be happy to pitch in to keep baconreader alive, and the feeling I got was that just wasn't an option.

Oh well, I'm here now, and can watch the whole mess from the sidelines while getting to be part of a new and growing community, instead of a bloated dying one.

[-] minikieff@lemmy.world 1 points 1 year ago* (last edited 1 year ago)

$10/mo is probably in the ballpark.

I honestly don't think the pricing was unreasonable. The main issue was the execution.

[-] HelloHotel@lemmy.world 1 points 1 year ago

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

[-] minikieff@lemmy.world 1 points 1 year ago

A lot of the mod tools were exempted. I imagine the ones that weren't didn't even try in protest.

[-] HelloHotel@lemmy.world 1 points 1 year ago

A lot of power reddot has over mod tools that want to stay now. No wonder devs left

[-] minikieff@lemmy.world 2 points 1 year ago

I agree. reddit acted very poorly; however, you could get your tool exempt by licking their boots.

this post was submitted on 07 Jul 2023
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