this post was submitted on 12 Jun 2023
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Louis Rossmann described it as “FU pricing“. This is a product they don’t want to sell. If someone is actually crazy enough to pay that price, they can certainly provide the service very easily with a huge margin.
Gathering all the remaining users under the same ad infested app was the main goal here. That’s where the real money is.
Source: A word on reddit, blackouts, & effective protesting
Although it's worth pointing out how this is a strange way to monetize if any of their claimed numbers are right. If they're getting 12 cents a user on their app per month, why not try and get idk 20 cents per user on api, or make the access via reddit sub at that 3 dollars a month tier directed at the users rather than the apps.
This almost cannot be strictly about money, it's about control at the cost of subscription opportunities imo.