If the discussions have been going on for that long, why this exact moment in time, and why such a short deadline?
Why any moment in time? We did it when we did it. We could do it a year from now and we’d probably have the same conversation. We could do it five years ago, we’d be having the same conversation.
I guess what I still don’t quite understand is, if this has been thought about for a long time, is the goal just to meet this deadline and move on? Like just turn a new leaf from there?
We don’t have to meet our deadline. We told folks hey, we need to come up with a plan, or we’re going to start billing you on July 1st.
Complete mess of a CEO. I’m so glad that I’m not using Reddit anymore.
Those answers were disappointingly evasive. The questions were clear and he chose non-answers. Yuck.
I wish him luck lol
Spez is a spaz
That scumbag energy, holy smokes. He’s executing reddit right in front of our very eyes. It’s just sad.
Dude absolutely hates third party apps. Calls them his direct competitors and demeans them. Even says he ‘made a mistake’ allowing 3rd party apps. All the while forgetting that there was no official Reddit app for over 10 years of the company existing. Why didn’t he ban 3rd party apps then? Fucking ungrateful.
one day I hope to count our users among our investors, but getting to breakeven is a priority for us
Yeah well, I’m already an investor on the fediverse, by donating to my instance admins, and the instances I support already break even. It pays back handsome returns on my investment not by extracting value, but by providing a community that respects its users instead of monetizing them. That is the only investment I’m interested in.
I mean, it sure makes sense. If they’re getting the server costs and effort to maintain and moderate, happy to drop a few dollaridoos now and again. Less ads to block as well, which is always nice.
Dude wants his golden parachute so badly he treats the interview as his rant box.
He’s so insufferable.
He thinks RIF and Apollo - both of which I have personally used - don’t add any value to Reddit? Lmao what a shithead
Also love the gaslighting of “um actually sweaty nobody likes the blackouts and everyone just thinks they’re annoying 💅”
When reddit was showing how well reddit gold paid for server costs, it usually broke even.
That was when there was far less ads too.The costs surely exploded by adding lots of staff and their own image/picture hosting, but I don’t see the benefit in there.
He refers to reddit as a city and keeps mentioning democracy and communities. No city/community/democracy should be owned by one corporation and have it’s main goal be profitability.
That’s unfortunate. I understand your trying to IPO and his goal is to get his golden parachute afterwards. But you’d think the board and him would want to foster some goodwill with the community the depend on.
Toward the end you can really see how defensive and agitated he is with his handlers chiming in too. He’s aware that he’s a douchebag, and just doesn’t care at all.
This will be an unpopular opinion, but I think reddit is mostly in the right with these API pricing changes. It makes no sense from a business perspective to allow other apps to freely profit off their services. They only fucked up with the arbitrarily short timeline which Huffman has no reasoning for and the poor communication throughout the whole process. Even Apollo dev said he was fine with them charging if he had had more time to make the transition.
I think charging to use the API is fine, but it was definitely overpriced to the point that it was obvious they wanted to nuke TPAs. They need all that sweet user data to sell to others, and they can’t get to that with TPAs.
I mean user data can very much be completely inferred from API calls. It’s not about the user data itself, it’s about being able to say to advertisers “all our users will see your ads”.
