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Reddit risks losing its identity in pursuit of profits (www.techzine.eu)

submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world

211 comments fedilink hide all child comments

Reddit isn't profitable, despite having more than 50 million daily active users. In preparation for an IPO, CEO Steve Huffman put the platform's API

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[–] Fluffyb@lemmy.nz 8 points 1 year ago (1 children)

I gladly would have paid $2.50 per month to access reddit as it was. But I guess they didn't want my money or because they couldn't have all of my money they weren't interested.

[–] ShortFuse@lemmy.world 4 points 1 year ago (1 children)

I was paying $2.50 since Reddit Premium is $30/yr and they still block your API access.

I cancelled it and won't be going back. I no longer believe in the platform.

[–] newthrowaway20@lemmy.world 1 points 1 year ago (1 children)

TIL reddit premium is a thing... What do you even get? My gut reaction is it's a waste of money..

[–] ShortFuse@lemmy.world 2 points 1 year ago* (last edited 1 year ago)

Ad blocker and gold. It is mostly a waste of money, but if you believe in the platform, it's a way of paying back (which is why I cancelled it).