Re:Before Reddit and Digg, there was Fark. Then a user-hosti...
by t-sauer on Monday June 12, 2023 @04:28AM
(#36290126)
> If something loses me 20M$ per year and I have an option to buy it for 10M$ or kill it for 0$, I would choose the latter without much thinking.
Weren’t the $20M reddit claimed they are losing, missed opportunity costs? I.e. if Apollo users wouldn‘t use Apollo but the official app, they would make that amount of money off of them. So buying that amount of revenue for $10M sounds definitely reasonable to me. If what reddit claims would be truthful that would be a guaranteed 100% ROI.
Re:Before Reddit and Digg, there was Fark. Then a user-hosti...
by qwytw on Monday June 12, 2023 @05:01AM
(#36290397)
Would those users continue using Apollo after Reddit bought it and filled it with ads or would they start to slowly drift away to other clients over time?
Weren’t the $20M reddit claimed they are losing, missed opportunity costs? I.e. if Apollo users wouldn‘t use Apollo but the official app, they would make that amount of money off of them. So buying that amount of revenue for $10M sounds definitely reasonable to me. If what reddit claims would be truthful that would be a guaranteed 100% ROI.