[desertedisland]

> Reddit has to cater to its shareholders just as much as its community.

The unfortunate fact for Ellen Pao and the shareholders is that the value of Reddit - its intellectual property - is entirely supplied and moderated, for free, by volunteers.

That is the struggle here: between the people who want to corporatise and monetise Reddit and the people who actually supply the content. Unless lead by someone who is visionary, charismatic and genuinely interested in advancing the notions of community and free for all that attract the moderators in the first place (which Ellen Pao is demonstrably not), the moderators will rightly ask why they are doing all this work to greatly enrich other people.

[aaronchall]

In addition to this, as CEO, it is her job to get in front of the preexisting issues with important stakeholders of the site. She hasn't done so. In fact, relations have degraded to this low state under her watch. And where does the buck stop, if not the CEO?