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I think you may be overestimating how much money there is in this space. People don't want to pay for things if they can avoid it. The biggest app for the bigge
by chihuahua 3y ago
I think you may be overestimating how much money there is in this space. People don't want to pay for things if they can avoid it. The biggest app for the biggest forum in the world apparently had 50k paying users. The author was complaining about the cost of icons, which to me suggests that he is not terribly wealthy.
But there's a lot about this story that I don't understand:
* How can the Apollo guy be perceived as "threatening" Reddit? He has no leverage.
* Why does he suggest that they buy his app for $10m, when they can just terminate his API access at a cost of $0 - "I have altered the deal; pray that I do not alter it any further"
- ZephyrBlu 3y ago> Why does he suggest that they buy his app for $10m, when they can just terminate his API access at a cost of $0 Because according to Reddit, the problem with Apollo is the opportunity cost of Reddit not being able to monetize its users. Acquiring Apollo is user acquisition. Destroying the app does not necessarily mean that all those users will now start using Reddit's official app and become monetizable, they might just quit Reddit entirely. By acquiring Apollo Reddit could monetize those users through Apollo instead of the official Reddit app.
- sco1 3y ago> By acquiring Apollo Reddit could monetize those users through Apollo instead of the official Reddit app. After what Reddit did to Alien Blue I don't know how many Apollo users would be too keen on playing that game again. I personally have no confidence that a Reddit owned Apollo would retain what makes the current app great.
- roblabla 3y agoIt has 50k users paying yearly. There's supposedly more users paying monthly, and yet more that got the "lifetime" deal. I'm part of the later category.