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A comment on Apollo will close down on June 30th. Parent comment

Re:Apollo will close down on June 30th by pooper on Thursday June 08, 2023 @02:58PM (#36246869)
This forces Reddit to say out loud that the reason they want to introduce payments is to make third party apps stop.

Reddit has to say that the pricing it has is reasonable which means that they have to say Apollo can earn (at least!) USD 20M a year. If Apollo can earn USD 20M a year, buying it for USD 10M is indeed a steal. Normally, if you think a company makes 20M a year, you have to pay at least x 5, so USD 100M to buy this money printing machine.

[ Parent | on HN ]
Re:Apollo will close down on June 30th by s1artibartfast on Thursday June 08, 2023 @03:19PM (#36247191)
Claiming something costs you 20M/yr, doesn't mean that it can make 20M/yr.

>If Apollo can earn USD 20M a year, buying it for USD 10M is indeed a steal.

Not if you can get the same thing for doing nothing. Buy Apollo for 10M up front and make 20M/yr or dont buy Apollo and make 20M/yr. Does it really look like a steal when the alternative is free?

[ Parent | on HN ]