This article was published yesterday but I did not see it posted here. Please merge if there's already a post about this.
"Reddit’s winding path to a potential initial public offering hit its latest bump after the site’s plans to make more money from access to its data drew condemnation from volunteer moderators."
Reddit told Barron’s the company has communicated to its communities that access to the data involves costs. It also said the Apollo app is less efficient than other third-party apps.
Sadly, the business and financial worlds are largely dominated by people who have no understanding of the Internet, except maybe as "that thing my kids look up cat pictures and porn on"
What a load of garbage takes that was. It didn't present any side other than the provably false one that Reddit is projecting. I can hardly believe that passes for reporting even in this day and age. 💩
This line: "The move may be an effort by the firm to improve its financials ahead of a potential initial public offering."
Isn't that confirmed bullshit? I thought every developer had already said that the API costs were so high that they were going to shut down. Are there developers who were willing to pay?
You don't improve your financials by putting a price on things. You only improve them if you actually collect money.
Not all novelty accounts are the same. Personally, I'm soooo tired of Donald Trump that I have difficulty finding humor here. Whoever's running this account needs to be very creative to make the joke land and this comment really missed that mark.
I am not a fascist, I am even writing a book about it, a great book. I will finish this book in jail. Its called "My Stuggles", a great title. Everyone will love it for sure, absolutely everyone.
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