this post was submitted on 09 Jun 2023
512 points (99.0% liked)

Memes

45745 readers
1395 users here now

Rules:

  1. Be civil and nice.
  2. Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.

founded 5 years ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 2 points 1 year ago

The API pricing likely has something to do with the revenue per user calculations. Reddit is aiming for IPO but their valuation tanked over the past two years. That might be why the admins have decided to strong arm this with such a short notice.