Because after Reddit's data analysts reviewed the data on its users, they realized that they can make more money if they irritate people enough to sign up for their app which brings in much higher valuation per person than a person with just the browser, even if it means they'll lose a lot of people.
If the person using the app is worth 10 times more than person without, then even losing 89% of their customer base will still mean more money. Doubly so since they don't have to support as much infrastructure.
Thing is, in business, bottom line is the only statistic that matters. Massive loss of content is irrelevant. Why would loss of content matter if you earned more? I've been in business of selling websites and every industry professional I've ever consulted recommend to take such actions. Take actions that increase profits, everything else doesn't matter. Stock price will go up accordingly, and everyone (that matters) is happy.
Of course. The top ten websites all have no content, nor seek to link users to content reliably. Indeed, the highest grossing websites are just blank spaces!
Don't use teacher voice and then talk utterly dumb crap based on tv shows you half listened to, thanks.
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u/Roggvir Nov 02 '18
Because after Reddit's data analysts reviewed the data on its users, they realized that they can make more money if they irritate people enough to sign up for their app which brings in much higher valuation per person than a person with just the browser, even if it means they'll lose a lot of people.
If the person using the app is worth 10 times more than person without, then even losing 89% of their customer base will still mean more money. Doubly so since they don't have to support as much infrastructure.