They've done an impeccable job of steering the site in the past. With their track record and the sheer sweat and grit they've put into the site, I'm confident that won't change just because they raise capital.
"Impeccable" in this case only means, "not as bad a job as Digg or Quora".
Reddit has clearly meddled with the site in the past for business reasons (e.g. the Sears thing, /r/jailbait), and the hands-off-unless-we-change-our-mind policy of the administration has led directly to extreme frustration among the site's biggest influences and moderators of larger subreddits.
The only thing that separates Reddit from Digg-2.0 at this point is that there is not yet another site for disgruntled users to migrate to.
Reddit has clearly meddled with the site in the past for business reasons (e.g. the Sears thing, /r/jailbait), and the hands-off-unless-we-change-our-mind policy of the administration has led directly to extreme frustration among the site's biggest influences and moderators of larger subreddits.
The only thing that separates Reddit from Digg-2.0 at this point is that there is not yet another site for disgruntled users to migrate to.