[ammut]

I've said it elsewhere, but there must be some point where both parties could have continued operating while reddit made money. Even if it wasn't much, they probably could have covered their costs if they had worked out a pricing plan with the developers.

Based on what I've seen, they went above the standard for API pricing in their industry. Comparatively the pricing offered to the 3rd party app developers was akin to gouging, and was not meant to be realistic.

[weaksauce]

if 97% of the userbase doesn't use third party apps and "And the opportunity cost of not having those users on our platform, on our advertising platform, is really significant" are true statements then those 3% were extreme power users

[emodendroket]

Seems very likely.