Now saying all the quiet parts out loud.
https://www.theverge.com/2023/6/15/23762501/reddit-ceo-steve-huffman-interview-protests-blackout
Reddit is now the perfect example of Crab Mentality.
https://www.youtube.com/watch?v=ipg4EL_JUyE
This guy is really unhinged.
https://www.theverge.com/2023/6/15/23762868/reddit-ceo-steve-huffman-interview
These statements are contradictory to me. You can't say you are charging what it costs and you are trying to only charge $1/user. Doesn't add up.
"What they didn’t like is the price, but the price is the price. It just happens to be expensive to run an app like Reddit.”
"Like we try to charge so it works out to about $1 per user per month for reasonable API usage”
But hey they are willing to work with developers as long as there are no changes to the pricing or arbitary deadline.
Huffman is right, no one should subsidize a business for free. Weird though I can't seem to find the statement where Reddit announced that they are going to start paying moderator and content creators…
Reddit is working hard with them 3rd party developers just don’t know why they don’t want to work with Reddit.
https://www.theverge.com/2023/6/16/23763661/reddit-rif-is-fun-developer-ceo-steve-huffman
Imagine looking at Twitter as an example of what to do.
https://www.nbcnews.com/tech/tech-news/reddit-blackout-protest-private-ceo-elon-musk-huffman-rcna89700
I've read this bit a few times. It sounds to me like Huffman thinks individual Reddit 3rd party clients are making millions a year. That's absolutely not the case. Is anyone else parsing his comments the same way?
Here's what I think is happening. Christian has stated about 50k subscribers. I 100% believe this, its right in the range I'd expect.
Huffman is probably looking at the MAU figures for Apollo users, which is I'd guess in the ~700k range. Probably also taking the most recent subscription price and straight up multiplying (ignoring Apple fees and foreign taxes). Just sitting there assuming that Apollo's profit is $7-9M/year which is easily 10x what it probably is.