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Reddit may close down all third-party apps — Apollo app developer
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<blockquote data-quote="MuzzMelbourne" data-source="post: 1047277" data-attributes="member: 94561"><p>What Reddit is doing is a practice the banking industry has been engaged in for decades...</p><p></p><p>Its called 'shedding'...</p><p></p><p>The entity imposes a new and usually costly conditions of service in order to 'shed' itself of unprofitable users, which in the banking industry equates to low balance accounts, only to resume normal conditions of service in the future.</p><p></p><p>I would argue that while Reddit is certainly in the process of making itself more attractive to potential investors for their IPO, things will return to basically what are now in regards to API charges with a probable inclusion/expansion of advertising revenue.</p><p></p><p>I would suggest people like apollo 'watch this space' for a while.</p></blockquote><p></p>
[QUOTE="MuzzMelbourne, post: 1047277, member: 94561"] What Reddit is doing is a practice the banking industry has been engaged in for decades... Its called 'shedding'... The entity imposes a new and usually costly conditions of service in order to 'shed' itself of unprofitable users, which in the banking industry equates to low balance accounts, only to resume normal conditions of service in the future. I would argue that while Reddit is certainly in the process of making itself more attractive to potential investors for their IPO, things will return to basically what are now in regards to API charges with a probable inclusion/expansion of advertising revenue. I would suggest people like apollo 'watch this space' for a while. [/QUOTE]
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