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Reddit Threatens to Remove Moderators From Subreddits Continuing Apollo-Related Blackouts
(www.macrumors.com)
this post was submitted on 15 Jun 2023
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Technology
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In the npr article spez states that only 3% of redditors use third party apps, implying they are insignificant, but later states how if they switch to the official app that the financial benefit would be significant. Huh?!
It cannot be understated how much Spez fudged up in that AMA.
Effectively saying that the 3rd party apps are profitable while the "real" product is not is literally mind boggling.
If it is really 3% that uses 3rd party apps that means than that 3% can generate enough revenue for 3rd party developers to be profitable than the 97% of the "official users" who are for some reason not profitable for Reddit.
It would be insanity actually and just hilarious.
Spez is lying out of his ass in that AMA. “Reddit isn’t profitable”. removed! You’re telling your VCs are fine propping you up for almost 20 years without returns? I smell bullshit.