GTM Sauce

B2C · Reddit app for iPhone

How Apollo grows

6 tactics and 8 figures from 1 interview.

About Apollo

What it is
iOS-first third-party Reddit client, the largest third-party Reddit app
Who it's for
Reddit users on iOS
Business model
paid pro upgrade, later subscriptions plus lifetime
Pricing
$2.99 one-time pro at launch (possibly $1.99 the first week); Later subscription around $10/year; Lifetime $19.99, then raised to about $30-40
Launched
Work began fall 2014; beta posted the following January; full release about 1.5-2 years later
Team
Solo developer; designers hired for custom app icons
Funding
bootstrapped
Outcome
Shut down in 2023 after Reddit's API pricing (about $20M/year for Apollo) with 30 days' notice

As described in the interviews, not independently verified.

Apollo's 6 tactics

Apollo · B2C · Reddit app for iPhone

Take rate didn't change at all

After moving Apollo to subscriptions (about $10/year), the lifetime option launched at $19.99, only about two years of subscription. He later raised it to around $30-40.

Workedpricing
Sub Club by RevenueCat · 2024-09-18

Apollo · B2C · Reddit app for iPhone

Beta filled up; lots of launch-day downloads and paid upgrades, profitable from day one

Posted an early build of Apollo in the Apple subreddit, where it took off and many people asked to beta test. The beta filled up, leaving a backlog of people who couldn't get in. After a long beta (1.5-2 years, with feature creep and testers asking for release), launched with a $2.99 pro upgrade.

Workedcommunitypr-launch
Sub Club by RevenueCat · 2024-09-18

Apollo · B2C · Reddit app for iPhone

Founder says it shaped the app and worked well for about 9 years; no numbers

Ran a dedicated subreddit next to the app, so feedback had no friction. Instead of a formal roadmap, each month he put whatever users were most vocal about on the roadmap, built it, and repeated for years, while using the app heavily himself and keeping final say on direction.

Workedfeature-developmentcommunity
Sub Club by RevenueCat · 2024-09-18

Apollo · B2C · Reddit app for iPhone

Users mostly agreed once they heard the reasons

When a popular request didn't fit (e.g. restoring deleted Reddit comments from scraper caches), he explained the reasons users couldn't see, such as the safety of people who deleted comments that doxxed themselves, instead of silently refusing.

Workedfeature-developmentcommunity
Sub Club by RevenueCat · 2024-09-18

Apollo · B2C · Reddit app for iPhone

Profitable from day one, but founder calls the price too low in hindsight

Picked a $2.99 one-time pro upgrade (possibly $1.99 in the first week) with little thought, because the incumbent Reddit app Alien Blue charged about $2.99.

Mixedpricing
Sub Club by RevenueCat · 2024-09-18

Apollo · B2C · Reddit app for iPhone

Made it to a launch that paid from day one; savings almost gone

After graduating, skipped a job offer path and built Apollo full-time on Apple internship savings, living with about six friends to keep costs low. Treated it like a startup with a burn rate and a date by which the app had to ship.

Workedfinancing
Sub Club by RevenueCat · 2024-09-18

Apollo by the numbers

MetricValueContextSaid in
time to milestone1.5–2 years
approximate
From posting the beta to full releaseSub Club by RevenueCat
2024-09-18
4:49
priceUSD 2.99/one-time
approximate
Pro upgrade at launch, matched to Alien Blue's price; possibly $1.99 for the first weekSub Club by RevenueCat
2024-09-18
7:34
priceUSD 19.99/one-time
approximate
Lifetime price at the start of subscriptions ('for like the first year'), vs about $10/year subscriptionSub Club by RevenueCat
2024-09-18
25:56
priceUSD 10/year
estimate
Annual subscription priceSub Club by RevenueCat
2024-09-18
25:56
priceUSD 30–40/one-time
approximate
Lifetime price after the increase from $19.99Sub Club by RevenueCat
2024-09-18
25:56
conversion rate+0%
approximate
Change in lifetime take rate after raising lifetime price from $19.99 to $30-40Sub Club by RevenueCat
2024-09-18
25:56
costUSD 20M/year
approximate
Reddit API fees Apollo would have incurred under the 2023 pricing; far beyond Apollo's revenueSub Club by RevenueCat
2024-09-18
42:26
time to milestone30 daysNotice between Reddit announcing API pricing and fees startingSub Club by RevenueCat
2024-09-18
42:26

Topics

Interviews