When are they trying to IPO and cash out? A better way to avoid the backlash would have been to just slowly increase the API fees until all the third party apps were priced out. Then there wouldn’t be a hard event to rage about, just mild grumblings while one by one each app says they can’t afford this particular price hike.
I wonder if the Reddit shareholders are planning on cashing out and bailing as soon as the IPO is done. Hope my old popcorn machine still works—I’m going to need it!
A better way to avoid the backlash would have been to just slowly increase the API fees until all the third party apps were priced out.
I think that it’s what they tried to do, but the decision makers are so disconnected from the platform and its community that they thought that the starting prices were reasonable. (They aren’t.)
When are they trying to IPO and cash out? A better way to avoid the backlash would have been to just slowly increase the API fees until all the third party apps were priced out. Then there wouldn’t be a hard event to rage about, just mild grumblings while one by one each app says they can’t afford this particular price hike.
MBAs aren’t known for their critical thinking skills
I wonder if the Reddit shareholders are planning on cashing out and bailing as soon as the IPO is done. Hope my old popcorn machine still works—I’m going to need it!
Gods that would be hilarious
I think that it’s what they tried to do, but the decision makers are so disconnected from the platform and its community that they thought that the starting prices were reasonable. (They aren’t.)