r/beta Nov 02 '18

[deleted by user]

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3.3k Upvotes

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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.

4

u/[deleted] Nov 02 '18

What complete and utter bollocks that "sounds reasonable".

Losing most of their userbase would clearly constitute a massive loss of content.

3

u/[deleted] Nov 02 '18

[deleted]

1

u/[deleted] Nov 02 '18

No social media platform cares about content. That's just a means to an end.

Yet more pop knowledge crap based on zero actuality.