I highly doubt this is what their board had in mind when they said, "we need you to be on track to being profitable by q4 of 2023 so an IPO can take place".
I also don't trust what they are saying with regards to 90% will fall into the free plan. Is that 90% by volume of requests, by api key, by user id? It seems like the data isn't being shared in a transparent way.
You can have 90% of Reddit oauth clients never hit the free tier limit, but that doesn't mean shit if 90% of those oauth clients aren't actually being used. The fact that Steve keeps getting called out with receipts doesn't give me confidence in their assertions, given the lack of data.
I also don't trust what they are saying with regards to 90% will fall into the free plan. Is that 90% by volume of requests, by api key, by user id? It seems like the data isn't being shared in a transparent way.
You can have 90% of Reddit oauth clients never hit the free tier limit, but that doesn't mean shit if 90% of those oauth clients aren't actually being used. The fact that Steve keeps getting called out with receipts doesn't give me confidence in their assertions, given the lack of data.