I will never understand how Reddit bungled this so badly. I'm no Harvard MBA, but here's an easier way out – instead of asking small-time app developers to pay millions, put API access contingent on the account subscribing to Reddit Premium. That way users get to keep the experience they enjoy, independent developers can keep doing their thing, Reddit gets to make up for the lost ad revenue in the form of subscriptio…
That small time developer who discussed paying millions also said it came out to $2.5/month on average[1]. Which actually isn't that bad for the service Reddit is providing One of the problems mentioned in the many Reddit threads discussing the issue about Apollo, is that its creator was selling ULTRA LIFETIME MEMBERSHIPS[2]. Yes, they were charging people money, taking it, then using a free API to deliver paying mem…
I don't. I agree with you on the lifetime Apollo access. That was dumb. But $2.5/user/month is crazy for Reddit. Facebook incurs around $2/user/month in costs. I'm sorry, but there's just no comparison in terms of the platform features, stability, performance, and infrastructure. With 430 million monthly active users, either Reddit is valuing their cost at $12.9 billion annually (pro rata), or they're adding a very healthy profit margin to that charge. It's clearly the latter.