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

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

  • BobosGonnaeGetYe6@lemmy.worldEnglish
    3·
    1 year ago

    Yeah that’s my point. The fact they were suddenly asking for astronomical fees was conveniently skimmed over in favor of this ‘greedy 3rd parties want stuff for free’ narrative.