this post was submitted on 12 Jun 2023
617 points (99.8% liked)
Technology
1928 readers
7 users here now
Rumors, happenings, and innovations in the technology sphere. If it's technological news, it probably belongs here.
Subcommunities on Beehaw:
This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Louis Rossmann described it as “FU pricing“. This is a product they don’t want to sell. If someone is actually crazy enough to pay that price, they can certainly provide the service very easily with a huge margin.
Gathering all the remaining users under the same ad infested app was the main goal here. That’s where the real money is.
Source: A word on reddit, blackouts, & effective protesting
Although it's worth pointing out how this is a strange way to monetize if any of their claimed numbers are right. If they're getting 12 cents a user on their app per month, why not try and get idk 20 cents per user on api, or make the access via reddit sub at that 3 dollars a month tier directed at the users rather than the apps.
This almost cannot be strictly about money, it's about control at the cost of subscription opportunities imo.