That seems like a fair read. Maybe I would restate as:
Reddit: If we had all Apollo's users, and showed them ads, we could make $20M/year more than we are making now.
What Christian meant to say: Ok, if that's really true, how about you buy my app and all my users for $10M? Then you can show them all the ads you want. If what you say is true, that's quite a deal for you. But my real point is that I don't believe your $20M number.
What Reddit heard: If you pay me $10M, you can have my app and all my users and I will stop making a fuss. Otherwise, I will badmouth you to my users and the press, encourage boycotts, and otherwise try to force your hand.
This read mostly makes sense to me. The only part I don't get is the part of the call where Christian says:
> I said "If you want Apollo to go quiet". Like in terms of- I would say it's quite loud in terms of its API usage.
If Christian's intention was to sell the app and all its users to Reddit, then the load on the API wouldn't change, the only thing that would change is that Reddit would own it and the users would also see ads. So Apollo wouldn't "go quiet" under this scenario, and I don't understand the comment.
For some reason, in all their communication, the reddit admins have been VERY insistent that his app is one of the largest users of the API and that he needs to "optimise". My read is basically that if he sold the app, the external API calls all become internal API calls, they are free to either let the app work but with their own internal APIs or kill the app completely. It would be out of his hands and the issue of the volume of APIs being invoked would quiet down. Not sure if I'm being too charitable but from all the communication from both sides, this is what I'm surmising
Reddit: If we had all Apollo's users, and showed them ads, we could make $20M/year more than we are making now.
What Christian meant to say: Ok, if that's really true, how about you buy my app and all my users for $10M? Then you can show them all the ads you want. If what you say is true, that's quite a deal for you. But my real point is that I don't believe your $20M number.
What Reddit heard: If you pay me $10M, you can have my app and all my users and I will stop making a fuss. Otherwise, I will badmouth you to my users and the press, encourage boycotts, and otherwise try to force your hand.
This read mostly makes sense to me. The only part I don't get is the part of the call where Christian says:
> I said "If you want Apollo to go quiet". Like in terms of- I would say it's quite loud in terms of its API usage.
If Christian's intention was to sell the app and all its users to Reddit, then the load on the API wouldn't change, the only thing that would change is that Reddit would own it and the users would also see ads. So Apollo wouldn't "go quiet" under this scenario, and I don't understand the comment.