this post was submitted on 07 Jul 2023
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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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[–] BobosGonnaeGetYe6@lemmy.world 121 points 1 year ago (34 children)

The blatant astroturfing is what really icked me out. From day one of the API changes, it was clear that Reddit had spun up the spin machine and had begun to misrepresent the issues.

The main one was how they tried to push the "they just want the API for free", "we're entitled to charge for our services" narrative.

[–] biscuit@lemdro.id 49 points 1 year ago (14 children)

I legitimately would've paid for the reddit subscription if it meant keeping Reddit Sync. It's nonsense. They just wanted the apps out of the picture.

My Reddit use has declined 70% because I only access it from my computer or through Firefox for Android (which is damn near unusable).

[–] ShortFuse@lemmy.world 8 points 1 year ago (5 children)

You just reminded me to cancel my Reddit Premium subscription. It was $30/year. Not sure what to do with my 75K coins.

[–] xpee_waster@lemmy.world 3 points 1 year ago

Looks like it's on sale! How's that profitablity coming along spez?

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