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Correct me if I'm wrong, but reddit is trying to do an IPO soon and this guy is projecting a lot of uncertainty about their business. He's offering to stop that
by skyyler 3y ago
Correct me if I'm wrong, but reddit is trying to do an IPO soon and this guy is projecting a lot of uncertainty about their business. He's offering to stop that if he gets paid off.
(for the record, I almost feel like he's in the right to do so. Still weird how this is being presented)
- kaba0 3y agoHe jokingly offered that the whole situation can easily be solved — he shuts down/sells his app for half of the “lost” money reddit would make were Apollo’s users using the official app. Win-win for both sides. The other side of the phone call misinterpreted a “quiet down” expression, which was used for the API calls from Apollo servers (serving which costs Reddit money).
- skyyler 3y agoIt seems too ambiguous to judge, honestly. It seems like he was trying to invoke a sort of ironic use of quiet down to ease the situation, but ironic extortion is still extortion.
- wvenable 3y agoIt's not extortion -- the whole point of the joke is that the pricing is so ridiculous that it would be a massive discount to Reddit if they just bought his app for $10 million.