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 by the numbers
| Metric | Value | Context | Said in |
|---|---|---|---|
| time to milestone | 1.5–2 years approximate | From posting the beta to full release | Sub Club by RevenueCat 2024-09-184:49 |
| price | USD 2.99/one-time approximate | Pro upgrade at launch, matched to Alien Blue's price; possibly $1.99 for the first week | Sub Club by RevenueCat 2024-09-187:34 |
| price | USD 19.99/one-time approximate | Lifetime price at the start of subscriptions ('for like the first year'), vs about $10/year subscription | Sub Club by RevenueCat 2024-09-1825:56 |
| price | USD 10/year estimate | Annual subscription price | Sub Club by RevenueCat 2024-09-1825:56 |
| price | USD 30–40/one-time approximate | Lifetime price after the increase from $19.99 | Sub Club by RevenueCat 2024-09-1825:56 |
| conversion rate | +0% approximate | Change in lifetime take rate after raising lifetime price from $19.99 to $30-40 | Sub Club by RevenueCat 2024-09-1825:56 |
| cost | USD 20M/year approximate | Reddit API fees Apollo would have incurred under the 2023 pricing; far beyond Apollo's revenue | Sub Club by RevenueCat 2024-09-1842:26 |
| time to milestone | 30 days | Notice between Reddit announcing API pricing and fees starting | Sub Club by RevenueCat 2024-09-1842:26 |
Topics
Interviews
- The Advantages of Working On an App You Care About — Christian Selig, Apollo · Sub Club by RevenueCat · 2024-09-18