67 Reddit CEO: We're Sticking With API Changes, Despite Subreddits Going Dark 'Unlike some of the 3P [third-party] apps, we are not profitable,' Steve Huffman says in defending the move to charge for high-volume API access. (www.pcmag.com) posted 1 year ago by CoronaChan 1 year ago by CoronaChan +67 / -0 Reddit CEO: We're Sticking With API Changes, Despite Subreddits Going Dark 'Unlike some of the 3P [third-party] apps, we are not profitable,' Steve Huffman says in defending the move to charge for high-volume API access. 59 comments share 59 comments share save hide report block hide replies
Another question is: what are their costs?
They don't pay mods, they don't host files, they don't even have people developing profitable ad-ons (as these third party apps are, apparently).
They host text and pay a handful of people to keep the site from crashing. How much do they actually need?
My guess would be like most tech companies over there they've picked up a lot of dead weight.
They need to pay server costs somehow, though. People not looking at ads is gonna keep them from doing that.
Good point. They do host a lot of pictures and video though. People have moved away from linking to imgur.