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Exploring Reddit’s third-party app environment 7 months after the APIcalypse (arstechnica.com)

submitted 9 months ago by ardi60@reddthat.com to c/technology@lemmy.ml

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[–] Xavier@lemmy.ca 23 points 9 months ago

The essential part at the end:

“ When reached for comment, Reddit spokesperson Tim Rathschmidt directed me to Reddit's API FAQ page and said the company couldn't comment further because it's in a quiet period and doesn't "comment on confidential business conversations and/or agreements." ”

We can infer that it was not the fountain of money they thought it would become. Hence, all the special exception for leftover third-party apps to not abandon a leaking ship.

More telling is their silence. Who doesn't want to promote and advertise how profitable they are to potential shareholders just before an IPO.