'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.

‘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.

    • MoreIronOreEnglish
      6·
      1 year ago

      That’s Steve “I think the problem Digg had is that it was a company that was built to be a company, and you could feel it in the product. The way you could criticise Reddit is that we weren’t a company – we were all heart and no head for a long time. So I think it’d be really hard for me and for the team to kill Reddit in that way.” Huffman everyone.

      • meldroc@infosec.pubEnglish
        4·
        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.