jack Retweeted Dave Mark @davemark If you’ve ever bought the Apollo #Reddit app, read the linked post from In a nutshell, is on the hook to pay out hundreds of thousands because Reddit pulled out the rug. Help him out. Click the “I don’t need a refund” button. @gruber CChristianSelig daringfireball.net Now Apollo Faces the Cliff 7:36 AM · Jul 8, 2023 · Views 169.3K Retweets 52 Quotes 4 Likes 168 Bookmarks 13 Tweet your reply! Reply Christian Selig · CChristianSeXig Jul 8 Thanks for sharing Dave 2 11 1,800 AEON · CAEONde Jul 8 Shouldn't that have been deferred revenue? Did he commit accounting fraud till now? 2 4 1,336 Ebrahim Sacha · @ebrahimsacha Jul 8 Accounting treatment of revenue is different to cash flow. Wise up before accusing people of fraud! 1 1 179 AEON · CAEONde Jul 9 Eh? What are you saying? He got the subscription prices in cash, sure. Nobody doubts that. But that had to go directly into A LIABILITY on the balance sheet and DID NOT become an earned revenue. If he spent it he is now bankrupt and it certainly isn't Reddit's fault... 129 Alessandro · @dwery Jul 9 Aren’t the refunds prorated? 1 48 Bhagya Silva · @bhagyax Jul 8 Has he spent all that money already? 2 322 Tweet