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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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[-] TurretCorruption@lemmy.world 6 points 1 year ago

All they had to do was charge relative to the value reddit is providing to said apps.

Instead they gave the "fuck you" price and now theyre not getting any money for their api.

this post was submitted on 07 Jul 2023

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