News for hackers. Stuff that matters.
Re:Reddit Strike Has Started by wilg on Sunday June 11, 2023 @01:49PM (#36283681)
> Reddit wanted 2.50/month/app which is like $30 ARPU

And they couldn't figure out how to transition to it without causing a shitstorm.

Re:Reddit Strike Has Started by wpietri on Sunday June 11, 2023 @01:54PM (#36283734)
I'd also point out it's not Reddit who wanted a $30 ARPU. It's a small number of Reddit execs and venture capitalists.

Reddit, by which I mean its vast user community, does not give a shit about ARPU as long as the site stays up and things get modestly better over time. And I've seen no evidence that Reddit needs a massive bump in revenue to meet those goals.

Re:Reddit Strike Has Started by numpad0 on Sunday June 11, 2023 @03:21PM (#36284671)
If they can’t make $30 ARPU stick, what could ever be profitable on Web, other than by deceptively recovering damages through ads? Is the only value prop of Web that it’s free-beer?(my mental answer is nothing and yes)