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Their stance on APIs truly baffle me. Ok, I get it, you don't want people using an app without ads. And you, for some reason, think that trying to wall off the
by bbor 1mo ago
Their stance on APIs truly baffle me. Ok, I get it, you don't want people using an app without ads. And you, for some reason, think that trying to wall off the public commons from scientists and sell them snippets piecemeal is going to be a valid longterm strategy -- dumb, but coherent.
But to spend buckets of money getting 3p devs to build stupid little games in-app while also actively banning the huge suite of tools that people actually care about because they can access your actual reddit data and do actual things...
Just baffling. I blame the corrupting influence of YC, personally.
And yes, their copy around basically everything is just insultingly, laughably bad. Presumably because they refuse to hire enough people to provide details with any sort of reliability.
- brudgers 1mo agoI blame the corrupting influence of YC, personally. [For the record, I don’t question your personal belief.] Did you know Conde’ Nast bought Reddit twenty years ago? And as a publicly traded company since 2024, it is driven by Wall Street expectations?
- bbor 1mo agoWoah, YC divested completely?! Thank you for the correction, I associate them so closely in this Sam Altman world in which we live in that I completely forgot. If they're still invested its through intermediaries -- Tencent and Blackrock both hold bigger portions.
- brudgers 1mo agoBasically the sale happened before “anyone” had heard of Reddit (or YC or HN). And before Reddit had achieved significant value (as a startup). I believe Condé Nast bought the whole thing because I have never seen anything to suggest otherwise. And because it is about the only thing that would have made business sense. But I could be wrong. —- I believe Reddit was sold before Altman batched.
- bbor 1mo agoHe was the CEO of Reddit