Re:Apollo will close down on June 30th
by Normal_gaussian on Friday June 09, 2023 @04:21AM
(#36254889)
If you have a quick and high return, it can be very much worth it.
The business plan and your personal savings should reflect that it can (and will) disappear in an instant.
This guy had a job he loved running his own business for 8 years. Yes, it can get taken away in an instant, but that doesn’t seem like a terrible deal to me in hindsight.
Not sure I agree. Apollo is apparently monetizing these users above and beyond what Reddit is/was able to accomplish. I’m confident that this represents value to Reddit > 0. So Reddit may have leverage, but not all the leverage.
Let that be the lesson: don't sink your time (and money) into building OSS (or a business) on top of a platform. It's like building on sand.