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Imagine a millionaire on the street, panhandling. That's exactly what this is. It is beyond wild to see people tossing change in his hat.
I actually pretty much agree with this statement by you, but I also find it beyond wild that some people are yelling at the people tossing change. That seems far stranger to me than some guy trying to get some cash, rich or not.
 
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I actually pretty much agree with this statement by you, but I also find it beyond wild that some people are yelling at the people tossing change. That seems far stranger to me than some guy trying to get some cash, rich or not.

I'm not yelling. I'm laughing.
 
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It is completely normal that people who have enjoyed something extraordinary show their appreciation by gifting to the person responsible. I understand this concept makes no sense to people who don't see value in quality products.

It is completely normal that people who enjoy something pay for that thing. But when that thing goes away and you keep paying, that's the part that makes absolutely no sense to me.
 
Yeah, at the very least Reddit could've bought out Apollo.
No, leave Apollo in its developer's hands. There's a simple solution that would have made Reddit a ton of money, and kept the good will of all the users on Reddit: simply, announce with adequate lead time (like a couple months or more) that henceforth using 3rd party apps would require the user to be in possession of a individual Reddit API key, obtainable only as a benefit of a paid Reddit Premium subscription - most of the most hardcore Apollo users would have signed up for Reddit Premium, and Reddit would be getting money every month from all of them, far outweighing what they'd make from those folks as ad revenue (and Reddit Premium already includes no-ads as one of its benefits). There would have been some grumbling, to be sure, but it wouldn't have been, "oh no sire! the peasants are revolting!" (never mind that those peasants create all the content).
 
No, leave Apollo in its developer's hands. There's a simple solution that would have made Reddit a ton of money, and kept the good will of all the users on Reddit: simply, announce with adequate lead time (like a couple months or more) that henceforth using 3rd party apps would require the user to be in possession of a individual Reddit API key, obtainable only as a benefit of a paid Reddit Premium subscription - most of the most hardcore Apollo users would have signed up for Reddit Premium, and Reddit would be getting money every month from all of them, far outweighing what they'd make from those folks as ad revenue (and Reddit Premium already includes no-ads as one of its benefits). There would have been some grumbling, to be sure, but it wouldn't have been, "oh no sire! the peasants are revolting!" (never mind that those peasants create all the content).

Translation: "We suck, so pay us, to use someone else who is better." Sounds like great business.

Maybe reddit should just design a better app and mod tools, and problem solved.
 
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No, leave Apollo in its developer's hands. There's a simple solution that would have made Reddit a ton of money, and kept the good will of all the users on Reddit: simply, announce with adequate lead time (like a couple months or more) that henceforth using 3rd party apps would require the user to be in possession of a individual Reddit API key, obtainable only as a benefit of a paid Reddit Premium subscription - most of the most hardcore Apollo users would have signed up for Reddit Premium, and Reddit would be getting money every month from all of them, far outweighing what they'd make from those folks as ad revenue (and Reddit Premium already includes no-ads as one of its benefits). There would have been some grumbling, to be sure, but it wouldn't have been, "oh no sire! the peasants are revolting!" (never mind that those peasants create all the content).
This.

Require user accounts that want to use 3rd party apps to be Reddit premium.

$2.5 per month per user straightaway, which is way more than Reddit makes on an average user.

If they are truly interested in developing revenue from third party apps it seems they‘ve missed the mark, at least in the short term.

If they don’t care about developing revenue from third party apps I wish they had just shut it down.
 
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"All by himself." Now that's a laugh I didn't know I needed.

>who will go the way of Facebook.

Less than a year ago, FB stock was ~90. Today it's ~285. I'm sure reddit would be happy to go the way of Facebook.
How is it everything you say is meaningless.

Meta, not Facebook, which is a much larger corporation than Facebook… their stock has risen. Meta owns the tiny website, Instagram, and the itty bitty platform WhatsApp.

The younger generation isn’t using Facebook. RIP. Reddit will sit around for forever, they will never be profitable, and people like you will think it’s because of one single iOS dev.
 
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How is it everything you say is meaningless.

Meta, not Facebook, which is a much larger corporation than Facebook… their stock has risen. Meta owns the tiny website, Instagram, and the itty bitty platform WhatsApp.

The younger generation isn’t using Facebook. RIP. Reddit will sit around for forever, they will never be profitable, and people like you will think it’s because of one single iOS dev.

Nah, reddit's going to be just fine. Also, isn't a bit weird to take a victory lap when you lost?
 
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What intellectual property? The users provide the content.
You too seem a bit misinformed. Taken from reddit user policy.

Any ideas, suggestions, and feedback about Reddit or our Services that you provide to us are entirely voluntary, and you agree that Reddit may use such ideas, suggestions, and feedback without compensation or obligation to you.

Very clever playing the decline refund policy on emotions. You are not a bad person, bwahaha.
 
No, leave Apollo in its developer's hands. There's a simple solution that would have made Reddit a ton of money, and kept the good will of all the users on Reddit: simply, announce with adequate lead time (like a couple months or more) that henceforth using 3rd party apps would require the user to be in possession of a individual Reddit API key, obtainable only as a benefit of a paid Reddit Premium subscription - most of the most hardcore Apollo users would have signed up for Reddit Premium, and Reddit would be getting money every month from all of them, far outweighing what they'd make from those folks as ad revenue (and Reddit Premium already includes no-ads as one of its benefits). There would have been some grumbling, to be sure, but it wouldn't have been, "oh no sire! the peasants are revolting!" (never mind that those peasants create all the content).

This.

Require user accounts that want to use 3rd party apps to be Reddit premium.

$2.5 per month per user straightaway, which is way more than Reddit makes on an average user.

If they are truly interested in developing revenue from third party apps it seems they‘ve missed the mark, at least in the short term.

If they don’t care about developing revenue from third party apps I wish they had just shut it down.
Heck Reddit could have even implemented a small profit sharing with third party devs for the traffic they drive to Reddit.
 
Lost? I just got back a ton of time ditching Reddit.

When Reddit is filled with people like you, and everyone else has moved on, I’m sure it’ll be a joy.

Yes, lost. Everyone threw their tantrum, it affected nothing, and its back to business as usual.

When Reddit is filled with people like me, we'll be able to talk about our interests without interruption, because a bunch of people who don't understand how a business works won't be around to throw another pointless tantrum.
 
Yes, lost. Everyone threw their tantrum, it affected nothing, and its back to business as usual.

When Reddit is filled with people like me, we'll be able to talk about our interests without interruption, because a bunch of people who don't understand how a business works won't be around to throw another pointless tantrum.
Affected nothing? Rofl. You are blind.

It affected nothing. Yet here you are spending all your time talking about the protest.
 
I have not seen anything where it seemed liked he felt he “deserved people’s money”, he just offered the option if anyone felt bad for him. It doesn’t seem any worse to me than credit card terminals usually popping up a default tip option now.
Someone posted the transcript of his call with Reddit - didn't he try to get $10M out of them to 'go quietly' (ie for no benefit to Reddit at all other than not trying to stir up resentment against Reddit)? That sounded suspiciously like blackmail. And further to the point, his suggestion of $10M was him cutting in half what he estimated was the economic impact of HIS APP and what it was costing Reddit in terms of free API usage. Like, what? You know you're costing us $20M a year in free API hits, but you think we should pay for half again of that amount of damage you're causing to have you not raise a stink about us stopping that damage?
 
Someone posted the transcript of his call with Reddit - didn't he try to get $10M out of them to 'go quietly' (ie for no benefit to Reddit at all other than not trying to stir up resentment against Reddit)? That sounded suspiciously like blackmail. And further to the point, his suggestion of $10M was him cutting in half what he estimated was the economic impact of HIS APP and what it was costing Reddit in terms of free API usage. Like, what? You know you're costing us $20M a year in free API hits, but you think we should pay for half again of that amount of damage you're causing to have you not raise a stink about us stopping that damage?
Christian posted the transcript of the call, actually.

I don’t know whether it was a bad joke or a clumsy attempt to suggest that Reddit buy the app. Either way it fell flat.

That _did_ lead to Reddit management on the AMA calling him out as threatening them/blackmailing them, which led to Christian releasing the transcript of the call.

Personally, I still don’t get the blackmail thing. Blackmailing usually involves pay me money or I’ll do something you won’t want me to do; I’m not sure what it is Christian said he would do that could be interpreted as a threat.

All that was in his (Christian’s) power to do is either retire Apollo or revamp the pricing and continue with it. I don’t think either one of those qualifies as a threat and Reddit would have been OK with either outcome.
 
Christian posted the transcript of the call, actually.

I don’t know whether it was a bad joke or a clumsy attempt to suggest that Reddit buy the app. Either way it fell flat.

That _did_ lead to Reddit management on the AMA calling him out as threatening them/blackmailing them, which led to Christian releasing the transcript of the call.

Personally, I still don’t get the blackmail thing. Blackmailing usually involves pay me money or I’ll do something you won’t want me to do; I’m not sure what it is Christian said he would do that could be interpreted as a threat.

All that was in his (Christian’s) power to do is either retire Apollo or revamp the pricing and continue with it. I don’t think either one of those qualifies as a threat and Reddit would have been OK with either outcome.

Only Christian knows what he actually meant, but I absolutely took it as a "10MM will make me quietly go away," as opposed to what he's ended up doing, which is fan flames and try to drum up support and sympathy for himself by painting reddit as the bad guy. I think that was the "or else." It definitely fell flat and he moved on quickly.
 
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Only Christian knows what he actually meant, but I absolutely took it as a "10MM will make me quietly go away," as opposed to what he's ended up doing, which is fan flames and try to drum up support and sympathy for himself by painting reddit as the bad guy. I think that was the "or else." It definitely fell flat and he moved on quickly.
Don’t see any of that myself.

On this we’ll have to agree to disagree.
 
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First of all, I don't think he's ever said he won't be able to cover the refunds.

He's certainly trying to maximize revenue before Apollo is done. Nothing wrong with that.

This is also the second time (at least!) someone has thrown out that spending money that can still be refunded usually isn't allowed in business or is illegal; it's not.

When an annual subscription order is placed, GAAP would say the amount of the subscription should be credited to advances and debited to cash, and each month 1/12th of the annual subscription would convert from advances to revenue. You don't need to wait until it is recognized as revenue to spend the cash, as was implied.

It certainly prudent for a business to ensure that assets exceed liabilities, that much is true.

I find it interesting that some believe he's a multi-millionaire and must have $3 mill in the bank and can over the refunds no problem and some believe he can't cover the refunds. I think the most reasonable assumption we can make is that he is trying to minimize his liabilities, like any business does.

Finally, I'm not sure why the dig about Christian being the only one who has mentioned this. Frankly, not all other Reddit apps are going to be affected; RIF - as I understand it, anyway - made money from ads, not subscriptions and so doesn't have this problem.

I'm not sure how Sync/Baconreader/the rest of the apps that shut down made money - but anyone without annual subscriptions avoid it.

And I'm guessing most of us around here don't hang out on the sites they might discuss the issues the Android app makers faced and why they decided to shut down. (If anyone has insight into that, I'm curious to hear).

First, he made it well known that the refunds were going to be a problem for him. Maximizing $$ off a shuttering app is loathsome to me, he was playing off of people’s emotions. But at the end of the day it’s their money to spend how they choose. However, if they knew how much he made off that app I think they would feel a little different about it.

Second, when you are offering a service for a year and you take that money upfront, it is incumbent on you as a business to be able to refund the money to all users. That means, instead of spending the years worth of money in two months you systematically spend/pull that money on a monthly basis. It would be against the law for any business to not refund the money a user asks for in the event they can’t fulfill their part of the contract.

The dig about Apollo was about getting ALL the attention from the media, mostly. It plays up on people’s emotions and directs it in one direction without taking into account that he has made a lot of money on the back of Reddit. There were other apps that also went out of business because they couldn’t afford to pay the fees too, that was my main point.
 
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