this post was submitted on 08 Jul 2023
216 points (92.2% liked)
Android
1886 readers
1 users here now
A place to discuss anything related to Android or Android adjacent.
INFO:
-
No attacking others based on their phone preferences. Criticizing OEMs/devices is allowed. Attacking users because a different brand/device works for them isn't.
-
Obvious spam will be removed.
-
Anything directly or indirectly related to Android is allowed.
Check Out Our Partner Communities:
founded 4 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Oh no, they made loads of money. I hate to quote spez the fuckwad: https://www.businessinsider.com/reddit-ceo-app-founders-apollo-riff-made-millions-using-api-2023-6?r=US&IR=T
No dev was talking against that, so i guess that point is correct.
Apollo made 500k a year alone from subscriptions, i have no clue what they've paid for the API prior though, but these guys are loaded.
The API for Reddit was free. I think for sites like Imgur, Redgifs, etc they paid some pretty reasonable fees. It's worth noting that many of them had revenue sharing agreements and trademark licenses with Reddit that were terminated after spez became CEO.