this post was submitted on 13 Jun 2023
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Reddit Migration

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Reddit Stands By Controversial API Changes As Subreddit Protest Continues (www.forbes.com)
submitted 1 year ago by jwr1@kbin.social to c/RedditMigration@kbin.social
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[–] 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.