To each their own, but I find this decision really misguided.
It's her money, not mine, so whatever, but l do not expect her to turn a profit in, rather the opposite.
In my view, the cross section of "IfR" users and people willing to subscribe monthly is rather small (especially if the money mostly goes to reddit - assuming I could afford it, I, for instance, would rather fund an open system like Lemmy).
And if Apollo's dev Christian Selig decided that it wasn't worth it with an already established paying user base, who already has a strong culture of subscriptions and exaggerated pricings, and one of the highest volume of users, at what probably was the peak usage of the platform; I don't see how a small app like IfR can survive.
That, or Christian made a pretty expensive mistake...
You should never pay for for-profit social media, it's fundamentally backwards. Their service is not the product, your contributions and presence are. They are nothing without you, and require you.
The exception is things like instances on the Fedi where it's not for profit and you're putting up a server to include yourself.