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by spiralpolitik
4000 days ago
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More likely investors are getting restless and want to see some return. In these cases management feels it needs to have things under its control and starts removing power bases from lower down the org chart so that everything stays on message. AMA is Reddit's only viable asset so having it under control of someone who isn't part of the management clique is unthinkable. Usually these attempts fail and the company is dead within 24 months having burned the village in an attempt to save the village. |
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However a counter-point is that its quite possible that they are trying to pivot reddit into a mainstream site, and thus are more than willing to burn most of the current user base.
They don't need/want hard-hitting questions during AMA's, nor do they want freaky fetish subreddits, nor long winded post describing the intricacies of the Federal Reserve.
They want cat pictures, pictures of freshly baked cakes, celebrity soundbites, and lots of comments that go "that cake looks delish!" and "Love you Miley!"
In short, an internet version of "The View".
Regardless, I think it will fail, if thats even the case. However, ideas such as these are the exact type that tone-deaf MBA types think up lots of times.