Reddit CEO: We're Sticking With API Changes, Despite Subreddits Going Dark
pcmag.com
'Unlike some of the 3P [third-party] apps, we are not profitable,' Steve Huffman says in defending the move to charge for high-volume API access.
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It should never be about profit. It’s always been about…
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Passion.
That's Steve "I think the problem Digg had is that it was a company that was built to be a company, and you could feel it in the product. The way you could criticise Reddit is that we weren't a company – we were all heart and no head for a long time. So I think it'd be really hard for me and for the team to kill Reddit in that way." Huffman everyone.
Yep. I think the community that comes after Reddit needs to be under the umbrella of a nonprofit, whose mission in life is to keep the community alive, fundraise for resources, keep a moderation system in place to keep out difficult people, etc. Nonprofit because while a for-profit business is required by law to maximize profits for owners & shareholders, a nonprofit is required by law to do the beneficial thing for the community.