Has Reddit Overplayed Its Hand
<p>It’s a tale as old as time. A wildly popular but terminally unprofitable company decides to make big changes to improve its financial position, even though the changes risk undermining what made it so popular in the first place. We watched this slow-motion car crash play out with Elon Musk’s Twitter transformation, and now I’m wondering — is Reddit heading in the same direction?</p>
<p>The current controversy started when Reddit made a sudden decision to start charging the clients, bots, and tools that access its API. The planned fees are immense, with a popular clients like Apollo and Reddit Is Fun facing millions of dollars in charges. Unsurprisingly, they’re both about to fold.</p>
<p><a href="https://medium.com/young-coder/has-reddit-overplayed-its-hand-502776e98da7"><strong>Read More</strong></a></p>