Re:Thousands of subreddits pledge to go dark after the Reddi...
by mvdtnz on Sunday June 11, 2023 @01:09AM
(#36278317)
> Also pretty damning they can’t make a profit where others can off their data lol
I agree that Reddit's failure to convert their enormous reach into profit is a failure, I don't agree that this particular thing is damning. I'll bet if you pooled the revenue of every third party app it still wouldn't begin to cover Reddit's overall costs.
Re:Thousands of subreddits pledge to go dark after the Reddi...
by jcz_nz on Sunday June 11, 2023 @01:35AM
(#36278471)
The CEO’s lack of integrity is a signal.
Re:Thousands of subreddits pledge to go dark after the Reddi...
by whaleofatw2022 on Sunday June 11, 2023 @01:04AM
(#36278281)
Well, one of the 3rd party developers suggested that course of action... alas spez and/or other folks at reddit decided to frame that as being 'threatened' by them.
Which, honestly is great insight into the fragile mind of a man manchild lucky enough that their startup happens to be very visible to.the public eye.
Re:Thousands of subreddits pledge to go dark after the Reddi...
by tshaddox on Sunday June 11, 2023 @01:10AM
(#36278319)
That doesn’t really follow. A third party app could be profitable because it pays little or nothing for the Reddit API and makes money from app sales or in-app purchases. If Reddit bought the app it hardly helps them.
Re:Thousands of subreddits pledge to go dark after the Reddi...
by usaar333 on Sunday June 11, 2023 @12:54AM
(#36278216)
Not necessarily.
1. It's entirely possible they could make more money monetizing the highly engaged users that use mobile apps through ads than those apps make directly.
2. Their cost structure is higher than the apps since they need to own and manage the backend and promote the overall Reddit branding.
Also pretty damning they can’t make a profit where others can off their data lol