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Had a call with Reddit to discuss pricing

old.reddit.com

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Re: Had a call with Reddit to discuss pricing

#161
post #18

I'm more surprised that reddit has maintained features like old.reddit.com and their API for this long. To me, this is textbook enshittification. Either die unprofitable or live long enough to see yourself rip features from TikTok.

old.reddit.com will be phased within 1 year. i.reddit.com went out this year and old.reddit.com will go out too, guaranteed.

Re: Had a call with Reddit to discuss pricing

#162
I blocked the reddit.com domain from all of my devices a few weeks ago, because until recently I didn't feel like I could keep my finger on the pulse of "The Internet" without Reddit.

That's no longer the case. Google's "For You" gets me my niche subject-specific content, Google News/Memeorandum (and its sibling sites)/Apple News gives me the mainstream media perspectives, HN (and maybe Bluesky occasionally) my urge to discuss and engage with others, and YouTube Shorts (I refuse to install TikTok) helps me understand Internet culture.

I don't think any one company came for Reddit on their own, but what they've left Reddit with as a differentiator are the communities. Unfortunately, those end up existing as little fiefdoms for the moderators who run them, and if that's all you're going to offer, you're not going to be able to justify that $10-$15bn (probably lower now) valuation to investors.

Re: Had a call with Reddit to discuss pricing

#163
post #80

Earlier quoted context omitted.

> 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…

you can just charge third parties the cost to cover loss of ad views Except that's not what Reddit is doing here. They're charging 3rd party clients ~21X what they lose in ad views, pricing them completely out of the market.

This is a story practically as old as the internet at this point. Grow with open API and third party client ecosystem, but ultimately shut the hatches and revert to single in-house client stacks to maximize control of the user experience and advertising opportunities. Mainly the 2nd part.

To look to the Twitter example, even when I used a third party Twitter client before Elon came onboard, old Twitter were regularly playing silly games with issuing auth tokens to third party clients, for all of the same reasons.

At this stage I view third party clients as nice to have for major free web service APIs, with the expectation one day it will probably stop working. Reddit doesn't owe anyone a public API, as much as I will miss third party clients (big Narwhal user here).

Re: Had a call with Reddit to discuss pricing

#164

Not to go all “I told you so” but I do recall Christian talking about how Reddit would never do anything like this and how much trust he had in their developer relations team now, oh, sometime earlier this year. Hope he took the suggestion to have a backup plan seriously…relying on the whims of a single company is a hard way to make your income. Doesn’t mean you can’t try it but it is fundamentally pretty risky.

Everything in life is risky. Show me the 100% reliable path to financial prosperity and happiness. You could get laid off tomorrow by your current employer. The stock market could crash, and any investments you made could amount to nothing.

Re: Had a call with Reddit to discuss pricing

#166
post #80

Earlier quoted context omitted.

> 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…

> It really isn't worth the time or effort if you can just charge third parties the cost to cover loss of ad views. I really want to be the fly in the room looking at their grafana for monthly active users and see what happens to it in the coming months. I’m someone with ADHD and obsessive behavior is kinda one of the main symptoms of it. I think with this change, it’s not going to be hard for someone like me to drop…

> Social media sites depend on their users, and arguably only a small portion of their users create content

What evidence do you have that a majority of these users are not already using the first party app?

Re: Had a call with Reddit to discuss pricing

#169

Reddit is getting destroyed by tiktok for casual news/random videos etc. I was a huge reddit user over the years, but now I only go there for a handful of very specific subreddits. That's really it's only use anymore. It's great for that, but they are probably seeing massive decline in usage. And the moment they basically kill 3rd party reddit apps is the day I barely touch it again.

I can't really agree. The curation on reddit just far, far better outside of the super generic frontpage subreddits. Tik tok is 99% garbage content.

Re: Had a call with Reddit to discuss pricing

#170
Every few years we rediscover centralization even if they start off as open-source community driven yada yada and the eventually lead to walled gardens.

I love reddit but recently they are starting to make it harder to use their services. Eventually its going to turn in to a cesspool just like facebook. Something new is gonna come open to all we promise its always free and then repeat.

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