a megathread for developments on Reddit and with third-party Reddit apps
just so this doesn't overwhelm our front page too much, i think now's a good time to start consolidating discussions. existing threads will be kept up, but unless a big update comes let's try to keep what's happening in this thread instead of across 10.
I would not be surprised if a lawyer jumped in and said that revealing even profitability vs not is something they should do through official channels.
He just admitted, just as they're trying to IPO, that they're still not profitable. If these third party apps that make up a fraction of their users -- their most engaged, active users, by the way -- are the difference between profit and loss, they need a better model.
If it is true than he literally shot himself in the foot.
Just like you said if it is true that the "1-3%" of the users that use 3rd party apps (by spez his word) can actually provide a profit for the 3rd party apps and the 90+% that uses official reddit channels still cannot... then they have a very big problem.
I wouldn't even be surprised though. His whole demeanor reeks of jealousy and contempt.
The fact that a 3rd party app was actually featured on the Apple event multiple times and name dropped multiple times as "the" way to use reddit, has to absolutely sting as hell.
Hilarious I can still see it on Apollo. I did notice while refreshing on spez’s comments that on that particular comment his name changed from red (normal admin color) to black, and then a few minutes later red again. I don’t know what it means, but it smells.
I also noticed the time posted got fuckity on that comment. I’m looking at comments sorted newest on top but the time of that comment is out of order