this post was submitted on 12 Jun 2023
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Technology
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That's the only logical conclusion. Wouldn't really make sense otherwise.
You would think that more users means more money for reddit. But I think that might be wrong. I can only assume that 3rd party apps make up a small portion of their daily active users (a metric they likely use to sell ad space). And 3rd party apps aren't giving reddit any ad revenue. On top of that maintaining the API and support for 3rd party apps costs money. From a business perspective it probably makes a lot of sense to start charging for use.
From what I heard 20% of the userbase was using 3PA. Not an insignificant amount at all.
@Da_Boom
@AdamEatsAss
And that 20% likely accounts for the overwhelming majority of the quality content on Reddit.