Reddit is changing, because the board of directors hired a person whose sole job is to monetize Reddit. Things are probably not going exactly how they (upper management) thought it would, but they're moving in the direction they wanted to go.
It is true they are working on monetizing the site, but that's not how Ellen Pao became CEO. She became "temporary" CEO when Yishan stepped down and they even started looking for replacement CEOs but for whatever reason she just stuck around, I guess she wasn't doing too bad of a job in the company's eyes. I personally think it's gone way downhill though lately and I think that site is well past it's peak. Glad there's cool sites like this around though so I can waste my time while at work, lol.
This whole situations is starting to look like a lot like Digg v4. Quoting Alexis Ohanian:
this new version of digg reeks of VC meddling. It's cobbling together features from more popular sites and departing from the core of digg, which was to "give the power back to the people".
Reddit is changing, because the board of directors hired a person whose sole job is to monetize Reddit. Things are probably not going exactly how they (upper management) thought it would, but they're moving in the direction they wanted to go.
It is true they are working on monetizing the site, but that's not how Ellen Pao became CEO. She became "temporary" CEO when Yishan stepped down and they even started looking for replacement CEOs but for whatever reason she just stuck around, I guess she wasn't doing too bad of a job in the company's eyes. I personally think it's gone way downhill though lately and I think that site is well past it's peak. Glad there's cool sites like this around though so I can waste my time while at work, lol.
This whole situations is starting to look like a lot like Digg v4. Quoting Alexis Ohanian:
Just replace digg with Reddit.