My first thought: “oh, that guy is rich now”, but then I started calculating. Around $40.000 per month seems like a lot, but he had to pay some services for API access (not the reddit one, if I understand it correctly, but others), and servers for push messages and stuff. And then, since he probably was self-employed I would add costs for insurances, maybe a mortgage, normal stuff. It might have been kinda decent, but he did not earn millions by now, even with the income of his other apps.
He probably is still rich (hell, he made more money in a year than I probably ever will in my life), but yeah probably not as much as some people may think.
He did estimate that if everyone asks for a refund, he’ll have to pay out $250k, ouch.
Yeah, that’s a lot of money as well. His business might have paid quite well. Buuuut it comes with a risk, which he took, knowing his whole business relies on those APIs. Well shit, it turns out the deciders at Reddit are assholes. I don’t blame Reddit for charging for the service, I blame them for how they announce it. It’s just inhumane.
Probably an unpopular opinion…but I do get Reddit’s perspective that these apps are profiting without sharing back to Reddit who bears the costs and built the community. I wonder what conversations were had to find an equitable point for both sides and what that looked like.
According to the Apollo dev, they were taking in £500,000 a year ($10 from 50,000 subscriptions). I don’t know if anyone else has revealed any figures
Source
My first thought: “oh, that guy is rich now”, but then I started calculating. Around $40.000 per month seems like a lot, but he had to pay some services for API access (not the reddit one, if I understand it correctly, but others), and servers for push messages and stuff. And then, since he probably was self-employed I would add costs for insurances, maybe a mortgage, normal stuff. It might have been kinda decent, but he did not earn millions by now, even with the income of his other apps.
He probably is still rich (hell, he made more money in a year than I probably ever will in my life), but yeah probably not as much as some people may think.
He did estimate that if everyone asks for a refund, he’ll have to pay out $250k, ouch.
Yeah, that’s a lot of money as well. His business might have paid quite well. Buuuut it comes with a risk, which he took, knowing his whole business relies on those APIs. Well shit, it turns out the deciders at Reddit are assholes. I don’t blame Reddit for charging for the service, I blame them for how they announce it. It’s just inhumane.
Sorry for the babbling. I’m just so angry 😅
Probably an unpopular opinion…but I do get Reddit’s perspective that these apps are profiting without sharing back to Reddit who bears the costs and built the community. I wonder what conversations were had to find an equitable point for both sides and what that looked like.