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485 points dredmorbius | 4 comments | | HN request time: 2.707s | source
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LanceH ◴[] No.36435739[source]
I don't have a lot of fondness for companies which offer a free product until it becomes entrenched, then take it away. I think of how MS and Adobe both turned a blind eye toward piracy until everything else had been killed off, then they went hard on piracy.

That said, perhaps moderators and users should be willing to admit that Reddit produces some of the value here. Every voice I've heard is, "we do all the work", "we produce all the value". It's also comical to hear moderators say that when the users of their subreddit could make the same claim trumping the moderator.

Right now the mods seem to be flexing their muscle, showing that Reddit has allowed them too much power, rather than showing the actual need for an api. In all of these discussions, I haven't seen a single video detailing side by side how necessary the third party apps are. Just claims that everyone needs them and uses them.

Reddit, of course, seems hell bent on making their UI worse and worse. I don't know what their play is or how they plan on getting paid for it. I have to say, though, for a free product their ads are among the least intrusive I can think of.

Every subreddit is just a click away from moving, though. I see some doing it. But a lot of those subreddits enjoy the influx of users that reddit brings them (until they don't, of course).

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CharlesW ◴[] No.36435896[source]
> That said, perhaps moderators and users should be willing to admit that Reddit produces some of the value here.

Very little, and almost none from a technical POV. What value Reddit does provide is a side effect of 17 years of investments by users, their communities, and those communities' unpaid moderators.

Yes, Reddit is free to attack the foundation of their value for short-term gain. However, the reality is that Reddit has never been easier to replace than it is right now. If even a relatively small percentage of users/communities/moderators take their toys and go elsewhere, it could trigger an irreversible decline.

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1. spac ◴[] No.36436124[source]
I am taking no side on this, as I don't have enough visibility in the topic. But do I think this answer is unfairly discounting the cost of running the company, both human and financial.

Building and running a software company is not free.

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2. Dylan16807 ◴[] No.36436418[source]
They should definitely be paid for that.

But reddit was working just fine in 2017, when they had less than 200 employees (compared to their pandemic hiring from 700 up to 2000) and it was working fine at smaller numbers before then. Right now their revenue is about half a billion dollars. They take in more than enough money to run the site and have stupendous profits.

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3. ryanwaggoner ◴[] No.36442992[source]
Revenue in 2017 was $50mm. So in the last six years, their headcount has grown 10x, and their revenue has grown 10x. Hmm…
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4. Dylan16807 ◴[] No.36450330{3}[source]
But the site has not changed.

Are all those people sales? If no, then those workers seem like mostly a waste of money. If yes, and they're still not profitable, then turning the company into 90+% sales is not the path to profitability either.

Do you have any non-sales explanation for what those people are doing that actually contributes to revenue?

It's not like they opened more factories and need more workers.

Though maybe they look at increased revenue and use that as the reason to hire more people because growth good, in which case any complaints about lack of profitability should be derisively laughed at.