The landed gentry are only in charge until the king comes to town and chops off a few heads. At least that seems to be the case at Reddit, where CEO Steve Huffman pretended his complaints about current moderators — who were protesting his decision to effectively cut off API access to tons of useful…
During a part of that, reddit was a loss-leader subsidiary of Condé Nast. The magazine side took care of all the “corporate” stuff (legal, hr, marketing), letting reddit itself be lean and fast; it was all engineers more or less, and they all used reddit all the time.