this post was submitted on 18 Jun 2023
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SNOOcalypse - document, discuss, and promote the downfall of Reddit.

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Reuters — Reddit’s golden geese foul up its IPO plans (www.reuters.com)
submitted 1 year ago by can@sh.itjust.works to c/snoocalypse@lemmy.ml
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[–] NotMyOldRedditName@kbin.social 3 points 1 year ago (1 children)

All they had to do was make a special agreement for 3rd party apps that require vetting to get cheaper API access. Then you can keep the higher price for other non mobile app uses. It's still baffling that RIF had a profit sharing agreement with Reddit that /u/spez exited from and then goes onto act like they're all freeloaders.

[–] can@sh.itjust.works 1 points 1 year ago

I did not know that RIF detail. It just gets worse.