this post was submitted on 07 Jul 2023
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Reddit risks losing its identity in pursuit of profits (www.techzine.eu)
submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world
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Reddit isn't profitable, despite having more than 50 million daily active users. In preparation for an IPO, CEO Steve Huffman put the platform's API

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[–] minikieff@lemmy.world 1 points 1 year ago* (last edited 1 year ago) (1 children)

$10/mo is probably in the ballpark.

I honestly don't think the pricing was unreasonable. The main issue was the execution.

[–] HelloHotel@lemmy.world 1 points 1 year ago (1 children)

Only reasonable for an individual, bulk tools need more juce than a reg user, reddit holds a lot of cards for what to do to adress the power users

[–] minikieff@lemmy.world 1 points 1 year ago

A lot of the mod tools were exempted. I imagine the ones that weren't didn't even try in protest.