Christian is acting in a surprisingly civil manner despite the repeated lies and smears made by Steve and others at Reddit. I see that as being professional.
Also, what things are priced at is not what they cost …
> Also, what things are priced at is not what they cost …
So if that’s the best argument in favor of Reddit, then it’s Reddit that’s being illogical. Or to be more straight, lying.
> Why go for $10m if there is no need to because you have already adjusted your own pricing upwards.
Because $20M is neither the amount Christian was earning, nor the cost that Reddit was paying to provide API access. Steve explicitly said it was a lost opportunity. There was simply no way that Christian could’ve paid that insane price. However, Reddit could’ve earned $20M themselves per year by acquiring Apollo. If the $20M opportunity was even remotely true, that is.
He mentions that it was spez AKA Steve Huffman the CEO of reddit. The call really does sound amateurish and the joke/negotiation tactic/money request/??? was really unprofessional but Steve seems to have completely misconstrued the whole interaction and blown up at him. I would say this is worse of the CEO to use this to spread slander especially when he already apologised for misunderstanding Selig and then privately walked it back