Apollo will close down on June 30th
71–80 of 1001 posts
Re: Apollo will close down on June 30th
#72> Steve: "Apollo threatened us, said they’ll “make it easy” if Reddit gave them $10 million." Steve: "This guy behind the scenes is coercing us. He's threatening us." I can't believe that CEO of Reddit was telling internal people that Apollo tried to blackmail Reddit for a $10 million payout when that didn't happen.
Re: Apollo will close down on June 30th
#73Apollo is such an incredibly high quality app — in fact, it’s so good that I haven’t had it installed on my phone in a couple of years because when I have it I spend way too much time on Reddit. The features, the polish, the customizability — everything about it is really top notch.
Re: Apollo will close down on June 30th
#74That said, while I realize it's just his side of the story, the Apollo developer comes across as imminently reasonable and rational (and he apparently has the receipts to back it up), while Reddit comes across as embodying typical corporate greed. On a related note, I think everyone should understand that, in the long term, "Don't be evil" is simply impossible for large corporations - the incentives are just too strong to prioritize short/medium term revenue growth over user experience.
In any case, while I don't think the people shouting "I'm done with Reddit" will make much of a dent in Reddit's overall usage numbers, I personally am deleting my account and blocking reddit on my devices. If anything I think this drama gave me a nice little push to take more control over my time that will make me happier in the long run.
Re: Apollo will close down on June 30th
#75Does anyone know if Reddit has explored acquiring/hiring the Apollo team before? And/or why not?!
Re: Apollo will close down on June 30th
#76A lesson to be learned. Do not build your entire business on someone else's API. The outcome was unsurprising and it is unfortunate. But this is why third-party apps are always at a disadvantage. The same happened with Twitter and they made that clear and now so did Reddit. Like I said before in [0] "Either the API gets blocked for third-party clients, or you purchase a high price for it." [0] https://news.ycombinato…
Re: Apollo will close down on June 30th
#77I just don’t see Reddit’s response here other than “yes, turns out we are the bad guys who have been continually lying and manipulating the situation for our benefit”. I wonder if they’ll see employees quit over this. How do you trust your employer after this? I bet some subreddits will go permanently private or delete themselves over this. Just absolutely stunning turn of events, massive kudos to Christian for recor…
Re: Apollo will close down on June 30th
#78Looks like June 30th is also the day I'll stop using Reddit. What a coincidence!
Re: Apollo will close down on June 30th
#79> Then yesterday, moderators told me they were on a call with CEO Steve Huffman (spez), and he said the following per their transcript: > Steve: "Apollo threatened us, said they’ll “make it easy” if Reddit gave them $10 million." Steve: "This guy behind the scenes is coercing us. He's threatening us." > Wow. Because my memory is that you didn't take it as a threat, and you even apologized profusely when you admitted…
Edit: Maybe keep an eye on what they say to catch them performing material securities fraud? Wayback early, wayback often!
Edit 2: Damage control mode: https://old.reddit.com/r/reddit/comments/144ho2x/join_our_ce... (r/reddit: Join our CEO tomorrow to discuss the API [Locked])
Re: Apollo will close down on June 30th
#80Earlier quoted context omitted.
And exactly what are they losing from business perspective? Few users that generate only costs?
Power users who generate the content that makes Reddit valuable to begin with.
Reddit's free APIs left a lot of uncaptured value on the table. This has become obvious by the sheer number of AI models trained on Reddit data. Free Reddit data goes into the machine, and piles of VC money comes out. Reddit wants in on it, but is unable to stop free API access without the consumer apps being collateral.