Re:Apollo’s Christian Selig explains his fight with Reddit –...
by johnnyanmac on Wednesday June 14, 2023 @10:27AM
(#36326539)
>Apollo probably made more profit from Reddit than Reddit itself.
that's not saying much when Spez outright said reddit isn't profitable. Yes, a few devs working on an API scaper is cheaper than 2000 employees worldwide, for a company HQ'd in San Fransisco on top fo that (I still can't imagine what reddit needs with 2000 employees).
meanwhile I don't exactly think Spez is surviving paycheck to paycheck himself. If he's not already, he'll easily clear tends of millions of dollars of net worth when Reddit goes public. Or at least, that's what I would have said 4-5 months ago.
>you can't expect to generate profit from another business unilaterally forever and be shocked that they won't allow it.
on the flip side, I don't think Christian is suddenly broke either. Probably not "I can retire in prauge" levels of finances, but he's definitely made a lot of money.
But he's under no obligations to play ball with Reddit, especially when reddit is taking the ball home. I don't see this as him leeching off reddit when you take into account how many users his app brought to the business. Just like how you said RiF is your Reddit, I'm sure Apollo is others' reddit.
>As people have said countless times in other situations where people had issues with reddit; just use another platform.
I agree and am. But that's tangential to this article. Christian isn't exactly trying to kill reddit nor pitch his next Apollo app for the next big platform. He said his dream scenario is to wake up and see the API rates halved and he'll be happy and keep Apollo running. He clearly doesn't want reddit dead.
that's not saying much when Spez outright said reddit isn't profitable. Yes, a few devs working on an API scaper is cheaper than 2000 employees worldwide, for a company HQ'd in San Fransisco on top fo that (I still can't imagine what reddit needs with 2000 employees).
meanwhile I don't exactly think Spez is surviving paycheck to paycheck himself. If he's not already, he'll easily clear tends of millions of dollars of net worth when Reddit goes public. Or at least, that's what I would have said 4-5 months ago.
>you can't expect to generate profit from another business unilaterally forever and be shocked that they won't allow it.
on the flip side, I don't think Christian is suddenly broke either. Probably not "I can retire in prauge" levels of finances, but he's definitely made a lot of money.
But he's under no obligations to play ball with Reddit, especially when reddit is taking the ball home. I don't see this as him leeching off reddit when you take into account how many users his app brought to the business. Just like how you said RiF is your Reddit, I'm sure Apollo is others' reddit.
>As people have said countless times in other situations where people had issues with reddit; just use another platform.
I agree and am. But that's tangential to this article. Christian isn't exactly trying to kill reddit nor pitch his next Apollo app for the next big platform. He said his dream scenario is to wake up and see the API rates halved and he'll be happy and keep Apollo running. He clearly doesn't want reddit dead.
But as is: he seems more or less done.