I hope Apollo's not overplaying their hand here, though it's super interesting hearing these conversations from the inside. It's clear reddit's got it out for the 3p apps, and I'm personally leaving reddit over this (longtime RIF user), but this post is a bit concerning.
It focuses on the "[apollo can] quiet down [for $10M]" topic in the conversation, and the apparent misunderstanding between Apollo and Reddit, Reddit taking "quiet down" to mean "go away quietly, without a lot of public noise", as a threat.
Apollo states that they meant "go dark", "reduce API usage", "reduce reddit opportunity cost". But for that position to make sense, Apollo would need some leverage here. They're using Reddit's API and platform behind the scenes - they have no leverage I can see. What am I missing?
It focuses on the "[apollo can] quiet down [for $10M]" topic in the conversation, and the apparent misunderstanding between Apollo and Reddit, Reddit taking "quiet down" to mean "go away quietly, without a lot of public noise", as a threat.
Apollo states that they meant "go dark", "reduce API usage", "reduce reddit opportunity cost". But for that position to make sense, Apollo would need some leverage here. They're using Reddit's API and platform behind the scenes - they have no leverage I can see. What am I missing?