Reddit is in crisis as prominent moderators loudly protest the company's treatment of developers

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Reddit is in crisis as prominent moderators loudly protest company's treatment of developers

from cash-burning tech companies. It's not clear at the moment when an IPO could happen.

For many news publishers, corporate websites and image-sharing services, Reddit is a major driver of traffic because its users share so much content with one another. "You have a lot of people, both professionals and general community members, who are running the numbers on this," Croach said. "A lot of people are kind of getting the same result, which is that the API pricing structure seems to be intentionally unsustainable for these smaller third-party developers."

Reddark's director, known online as Tanza, called Reddit's API changes "ridiculous," and said many disabled users rely on third-party apps for enhanced accessibility features.

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