this post was submitted on 13 Jun 2023
0 points (NaN% liked)

Reddit Migration

3 readers
2 users here now

### About Community Tracking and helping #redditmigration to Kbin and the Fediverse. Say hello to the decentralized and open future. To see latest reeddit blackout info, see here: https://reddark.untone.uk/

founded 1 year ago
you are viewing a single comment's thread
view the rest of the comments
[–] mala@kbin.social 0 points 1 year ago

The valuation drop by Fidelity took place over time, mostly last year, so it's unrelated to the API changes. That said, I agree the admins have chosen very poorly. With the amount of money on the table, buying out 3rd party apps would have been a steal compared to the massive hit to goodwill among their users and mods they're taking now.