this post was submitted on 08 Jul 2023
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I do wonder why people are waiting and wanting these proprietary apps. Instead of using the open source ones more in the spirit of Lemmy and waiting for them to improve. These third party apps made sense for reddit since reddit was closed source and the official app was a pile of garbage whose only purpose was making people see as many ads as possible. But that's not true for Lemmy anymore, the official apps are already pretty nice and open source, so improvable by everyone (including Sync/Boost developers).
But I guess going from reddit to Lemmy is already a large break and people want to not have to change more than necessary. And Sync/Boost devs want to continue making money makes sense of course as well. I'm interested to see how all that goes.
"Devs want to continue making money"
What's was the revenue stream with reddit? Was it all donation based or was it like a Boost/Boost Pro model.
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.