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Had a call with Reddit to discuss pricing

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Re: Had a call with Reddit to discuss pricing

#81

I'm shocked that Reddit has done this mere weeks after Twitter destroyed their thriving ecosystem of bots and apps by introducing horrific pricing.

It is not at all accidental. Elon Musk has given cover for other social media sites to imitate many of his moves, such as Facebook introducing a subscription tier.

Why would they want to imitate a failing business model?

Re: Had a call with Reddit to discuss pricing

#82
I don't know how many employees Apollo App has, but I wonder if a viable solution is just to build their own Reddit? I realize that's a massive task, but if the only other option is shut the company down, it might be worth exploring. They've already got the interface built and if you remove a lot of the bells and whistles, Reddit is a pretty simple app other than the scale at which they operate (which is obviously a massive challenge).

Re: Had a call with Reddit to discuss pricing

#83

The data is all fully public and easily scraped from APIs (both reddit and twitter). Who is the audience for these paid plans? Is this for oauth enabled access on behalf of users?

In Reddit's case data scraping is soon to be against the Terms of Service (which is already the case for Twitter), which will earn you a Cease and Desist if you try to make a business off the data.

Then don't sign in? See the LinkedIn legal precident, ToS only applies to scrapers if the scraper had to 'click' the agree button in order to sign up.

Re: Had a call with Reddit to discuss pricing

#84

> Even if I only kept subscription users, the average Apollo user uses 344 requests per day, which would cost $2.50 per month, which is over double what the subscription currently costs, so I'd be in the red every month. I just don't understand why developers underprice their apps so much. You're talking about an app that people are constantly raving about, and that people use for multiple hours per day. Charge $5/mo…

I'm guessing that you work in the tech industry in the US and makes $100k+ per year?

$5 is not an insignificant amount to a lot of people all over the world, including Europe and maybe the US. Especially when every single app and service wants you to subscribe to them now, I've heard plenty of people saying they're going to cancel their Netflix subscription when password sharing stops working.

344 requests per day is not worth $5 per month for the average user.

Re: Had a call with Reddit to discuss pricing

#86
post #30

Earlier quoted context omitted.

This is such an absurd statement. I have to assume that you're trolling.

Having spent too much time on Reddit recently, I'm not entirely sure. The comment is hyperbolic, to be sure, but on the other hand the most popular subreddits have gone largely insane. Quite noticeably in the last year. Every subreddit now has a political ideological stance, and some quite overtly threaten your access if you don't toe the line.

Whether or not "toe the line on the subreddit's political stance or be banned" is insane depends heavily on what the political stance is. Saying you can't post your Nazi grandpa in SS gear in r/oldschoolcool is a "political stance" but it makes total sense to force users to toe that line.

Re: Had a call with Reddit to discuss pricing

#87
post #80

Their pricing is just absurd. Reddit's official app and webpage is garbage, and instead of working with amazing developers like Christian to add whatever functionality they need to increase their revenue, they're doubling down on bad decisions and alienating their users. Pure hubris... they've forgotten their own history and why the Digg exodus happened. Seriously, _what_ are they gaining by eliminating access to thi…

> If they want more ads, they can change the APIs to inject them. Reddit wants freedom to arbitrarily change the design of their app and placement of ads, etc. Ads are a huge (primary?) source of revenue for them. If they are tethered to supporting third party clients, it's harder to make reasonable estimates of how many captive users will see ads or new features. Reddit could enforce ad presentation in third party c…

Exactly.

Same reason why Facebook, Instagram, Twitter, YouTube, etc. don't have alternative clients.

Nothing unusual.

Reddit is proceeding along the well-trodden path to monetization optimization.

Re: Had a call with Reddit to discuss pricing

#88

> Even if I only kept subscription users, the average Apollo user uses 344 requests per day, which would cost $2.50 per month, which is over double what the subscription currently costs, so I'd be in the red every month. I just don't understand why developers underprice their apps so much. You're talking about an app that people are constantly raving about, and that people use for multiple hours per day. Charge $5/mo…

You also don't understand how 95% of the world or 80% of HN lives. $5/month is a very significant expense.

For the world? Yes it is.

For the average HN user? Lol, no it’s not.

I would wager the majority of HN users can point to several dumb >=$5 expenses in any given month. If you don’t value Apollo enough to pay for it, fine. Just don’t pretend that $60 a year is a morally outrageous amount for software.

Re: Had a call with Reddit to discuss pricing

#89
post #60

> Even if I only kept subscription users, the average Apollo user uses 344 requests per day, which would cost $2.50 per month, which is over double what the subscription currently costs, so I'd be in the red every month. I just don't understand why developers underprice their apps so much. You're talking about an app that people are constantly raving about, and that people use for multiple hours per day. Charge $5/mo…

I agree. The OP makes the case that it will cost him on average $2.50 per month per user - so... charge $3 per month - no blog post needed. Same with Twitter. So many businesses were built upon basically free API access and are now shocked the company responsible for their app's customer appeal wants some of that action. It's not Reddit's responsibility to float OP's business and make it profitable. OP's billions of…

> The OP makes the case that it will cost him on average $2.50 per month per user - so... charge $3 per month

Apple takes at least 15% of that, or 30% depending on the developer's revenue, leaving $2.55 or $2.10.

Re: Had a call with Reddit to discuss pricing

#90
post #49
post #37

Earlier quoted context omitted.

They don't want people training LLMs with their data without paying for it. Blame the AI bros for stealing all their data.

It's not "their" data in the same way that last mile network access isn't "their" (telco's) pipes. If value in a platform comes from third parties choosing to use the service, and those third parties are free to use alternatives, then platforms should be very careful about how greedy they get in exploiting their users. Most of the platform value actually comes from future , continued use.

> Most of the platform value actually comes from future, continued use.

OpenAI should start a clone, make it nice, and train their LLMs off of it. If discussion boards have immense future value from hosting humans interacting, clearly the cost of hosting them is worth it.

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