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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

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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 11 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 7 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).