How to Become a PM with No Experience - by Aakash Gupta
The ‘big thing’ in tech this week was that 75% of Reddit went dark to protest increases to its API pricing. Something like that had never happened before. As of this writing, the percentage has dropped to approximately 25.4% and continues to decrease: The protests had only organized to go dark for 48 hours! So one quarter still being dark is a lot. What happened? Leaked e-mails and defiant interviews from Reddit CEO Steve Huffman further incensed the protesting moderators. Nevertheless, Reddit doesn’t seem likely to budge from its price increases. Both Facebook and Twitter have massively damaged companies built on their APIs: Facebook nerfed Zynga and Farmville. It took years for the company to recover. Twitter fully killed Tweetdeck. These were widely used third-party apps. People were upset at the time. But, ultimately, the winds blew over. Reddit is following in Facebook and Twitter’s footsteps. It’s likely that Apollo and Reddit Is Fun still both shut down at the end of this month.
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