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Reddit CEO: We're Sticking With API Changes, Despite Subreddits Going Dark (www.pcmag.com)

submitted 1 year ago by [email protected] to c/[email protected]

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'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.

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[–] [email protected] 4 points 1 year ago

Yep. I think the community that comes after Reddit needs to be under the umbrella of a nonprofit, whose mission in life is to keep the community alive, fundraise for resources, keep a moderation system in place to keep out difficult people, etc. Nonprofit because while a for-profit business is required by law to maximize profits for owners & shareholders, a nonprofit is required by law to do the beneficial thing for the community.