r/IdiotsInCars 4h ago

Customer states there's no spare tire

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18.6k Upvotes

r/apolloapp 21h ago Tearing Up Lawyer Up Dread Plus One Table Flip Take My Money Ally Narwhal Salute Defeated Shocked Facepalm Take My Power Timeless Beauty Helpful Bless Up (Pro) Heartbreak Stonks Falling Gold Press F Helpful (Pro) Are You Serious? Silver Pot o' Coins Snek 1UP Doot ๐ŸŽต Doot Mind Blown Spit-take Lurking LOVE! I'll Drink to That Wait What? Argentium Burning Cash Sidevote I am disappoint Doom Starry All-Seeing Upvote Coin Gift Take My Energy Into the Magic Portal Calculating Stone Face Platinum Heartwarming To The Stars I'd Like to Thank... Hugz

Announcement ๐Ÿ“ฃ ๐Ÿ“ฃ Had a call with Reddit to discuss pricing. Bad news for third-party apps, their announced pricing is close to Twitter's pricing, and Apollo would have to pay Reddit $20 million per year to keep running as-is.

125.3k Upvotes

Hey all,

I'll cut to the chase: 50 million requests costs $12,000, a figure far more than I ever could have imagined.

Apollo made 7 billion requests last month, which would put it at about 1.7 million dollars per month, or 20 million US dollars per year. Even if I only kept subscription users, the average Apollo user uses 344 requests per day, which would cost $2.50 per month, which is over double what the subscription currently costs, so I'd be in the red every month.

I'm deeply disappointed in this price. Reddit iterated that the price would be A) reasonable and based in reality, and B) they would not operate like Twitter. Twitter's pricing was publicly ridiculed for its obscene price of $42,000 for 50 million tweets. Reddit's is still $12,000. For reference, I pay Imgur (a site similar to Reddit in user base and media) $166 for the same 50 million API calls.

As for the pricing, despite claims that it would be based in reality, it seems anything but. Less than 2 years ago they said they crossed $100M in quarterly revenue for the first time ever, if we assume despite the economic downturn that they've managed to do that every single quarter now, and for your best quarter, you've doubled it to $200M. Let's also be generous and go far, far above industry estimates and say you made another $50M in Reddit Premium subscriptions. That's $550M in revenue per year, let's say an even $600M. In 2019, they said they hit 430 million monthly active users, and to also be generous, let's say they haven't added a single active user since then (if we do revenue-per-user calculations, the more users, the less revenue each user would contribute). So at generous estimates of $600M and 430M monthly active users, that's $1.40 per user per year, or $0.12 monthly. These own numbers they've given are also seemingly inline with industry estimates as well.

For Apollo, the average user uses 344 requests daily, or 10.6K monthly. With the proposed API pricing, the average user in Apollo would cost $2.50, which is is 20x higher than a generous estimate of what each users brings Reddit in revenue.

While Reddit has been communicative and civil throughout this process with half a dozen phone calls back and forth that I thought went really well, I don't see how this pricing is anything based in reality or remotely reasonable. I hope it goes without saying that I don't have that kind of money or would even know how to charge it to a credit card.

This is going to require some thinking. I asked Reddit if they were flexible on this pricing or not, and they stated that it's their understanding that no, this will be the pricing, and I'm free to post the details of the call if I wish.

- Christian

(For the uninitiated wondering "what the heck is an API anyway and why is this so important?" it's just a fancy term for a way to access a site's information ("Application Programming Interface"). As an analogy, think of Reddit having a bouncer, and since day one that bouncer has been friendly, where if you ask "Hey, can you list out the comments for me for post X?" the bouncer would happily respond with what you requested, provided you didn't ask so often that it was silly. That's the Reddit API: I ask Reddit/the bouncer for some data, and it provides it so I can display it in my app for users. The proposed changes mean the bouncer will still exist, but now ask an exorbitant amount per question.)


r/technology 20h ago Platinum Dread Stonks Falling I am disappoint Gold All-Seeing Upvote Take My Energy Press F Burning Cash Rocket Like To The Stars Table Flip Heartbreak

Social Media Reddit may force Apollo and third party clients to shutdown

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72.8k Upvotes

r/news 3h ago

Teenage birth rates in the US reached historic lows in 2022, CDC report finds

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9.8k Upvotes

r/apple 20h ago Platinum All-Seeing Upvote Take My Energy Snek Bless Up Stonks Falling Silver Gold Press F Defeated Facepalm

iOS Reddit may force Apollo and third-party clients to shut down, asking for $20M per year API fee

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65.4k Upvotes

r/mildlyinfuriating 13h ago

POV: youโ€™re happily married and message your friend who recently got a girlfriend

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51.3k Upvotes

First, I have known this person for years and weโ€™ve never been romantically or intimately involved in any way. Second, I had no idea he โ€œwasnโ€™t supposed to be talking to meโ€. Third, Iโ€™m blocked on all kinds of social media ๐Ÿ˜‚ Mildly infuriating as I was caught off guard


r/WhitePeopleTwitter 5h ago

Mutt Woosh is his own man, in that he always finds a way to get owned.

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39.5k Upvotes

r/PublicFreakout 5h ago

Husband confronts and slaps the man who allegedly sexually assaulted his wife 7 years prior.

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19.3k Upvotes

The confrontation took place during the Annual Clinical & Scientific Meeting in Baltimore, Maryland (19-21 May 2023).


r/videogames 15h ago

Question What is the first game you think of when you see this console?

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2.8k Upvotes

r/MadeMeSmile 5h ago

Didn't think you'd see an old friend again.

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13.1k Upvotes

r/facepalm 9h ago

๐Ÿ‡ฒโ€‹๐Ÿ‡ฎโ€‹๐Ÿ‡ธโ€‹๐Ÿ‡จโ€‹ Man snatched off woman's wig. Later revealed to be an attorney, and was fired from his firm as a result of his actions.

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21.5k Upvotes

r/BeAmazed 13h ago Starstruck Masterpiece I am disappoint All-Seeing Upvote

Art Cosmos ( Credit: Cathrin Machin )

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20.4k Upvotes

r/shitposting 6h ago

I Miss Natter #NatterIsLoveNatterIsLife AI restoration

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24.0k Upvotes

r/memes 2h ago

Im kinda of an athlete myself

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6.6k Upvotes

r/funny 7h ago Heartwarming Vibing

Cat sneezes into a bowl of flour.

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28.6k Upvotes

r/gaming 14h ago

It should be illegal to market something as the "Full Game" and also clearly show you aren't getting the "Full Game".

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21.3k Upvotes

r/madlads 6h ago

Madlad granddad

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13.7k Upvotes

r/europe 7h ago

Data May 2023 was the first full month since Germany shut down its last remaining nuclear power plants: Renewables achieved a new record with 68.9% while electricity from coal plummeted

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4.9k Upvotes

r/Damnthatsinteresting 3h ago

Video VideoKitchen of the future 1950s

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5.7k Upvotes

r/interestingasfuck 8h ago All-Seeing Upvote

On a clear day you can see Toronto from Niagara

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28.7k Upvotes

r/nextfuckinglevel 15h ago Bravo!

Cutting onions like a pro

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41.1k Upvotes

r/kpop 13h ago

[News] EXO Baekhyun, Chen, Xiumin have ended their exclusive contracts with SM Entertainment + taken legal action against the company for overdue payment and unreasonable deals

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6.3k Upvotes

r/aww 6h ago Ally

Bath time

11.6k Upvotes