the ironic part is, you know what’s really bad for their ipo? pissing off enough of the userbase so that a lot of their mods, power users, and lurkers alike defect to lemmy.

they could have increased api fees just enough to cover all of their costs and not force apollo and sync and baconreader and everyone else to shut down. they had a lot of goodwill built up and reasonable price increases would have been perfectly acceptable: everybody knows they’ve never been profitable, but that would have made their ipo go off without a hitch. instead, they decided to be dicks and fuck themselves over.