When the user revolt ends—if it ever does—Reddit’s community won’t ever be the same.

“They’re shooting themselves in the foot,” Mir says. “The content of the users is what makes the platform worth visiting. These hosts kind of run into this confusion that their hosting is the reason people are going there, but it’s really for the other users on the medium.”

  • darkmugglet@lemm.eeEnglish
    0·
    1 year ago

    Ironically, if Reddit has been up front and said they were killing third party apps, and kept their mouths shut they would have faired better. For a stupid play like this, speaking only makes it worse. This is going to be taught in business school on how to kill a business.

    • TechyDad@beehaw.orgEnglish
      1·
      1 year ago

      They could have even gotten third party apps to pay for API access. They just needed to set a fair rate and a workable timeline for the change.

      Instead, they said “we’re charging $20 million starting next month. Good luck trying to stay afloat with those sudden costs!”

      Reddit could have increased their profits and kept users/moderators happy, but they chose Burn It All Down instead.