A recurring, and not-commented-on theme in each of these communications is that the board wants more growth. Reddit closed a $50MM round in fall of 2014, and has never had a strong monetization story. If the investors came in expecting major growth (since this is not a business with a great monetization story) it's not surprising that there's pressure and turnover right now, almost a year later. And, it may well be t…
Someone said they want Reddit to have 1 billion users. That's nonsense! Just imagine if you wanted to drive HN into high-growth mode. It would kill everything here. If you take a community site (and Reddit is a community site, not a society site) and add people not in the same community mindset, you end up with twitter trending topic nonsense of six million middle school girls yelling for attention at boy bands. Peop…
Actually, I think of it as the opposite. I go to Reddit to get the bulk, and other, more anonymous message boards to get away from it. Reddit is hardly anonymous (or private) - it's not attached to your real being, but you're definitely a well-documented member of their society.
>Basically, Reddit can't massively grow without fundamentally changing it.
I honestly do not want to be a part of a "massive-growth" or monetized Reddit. Growth is organic; attempts to inject artificial hormones into the site comes with a sacrifice. I believe that sacrifice is diversity and uniqueness, since knowing how to grow requires you to know what exactly your're growing, and it's hard to understand complex objects. So the leadership creates more rules, more restrictions on freedom in order to get a grasp on it. As a result, content becomes stale, groupthink rules, and the site looses its appeal.