I honestly wonder what goes on behind Reddit. It's been pretty terrible since the beginning. I don't mean to be insulting to anyone in particular, I know how projects go, and I love the site. But speedy or well done, it is not.
Why should Reddit not make money?
Of course there is. Objective functions can be utilitarian or deeply selfish, but "should" pushes them in someone's desired direction. Relativism is tautological and intentionally or not, condescending.
(America at least) conditioned to think market caps and stock markets and GDP are the only meaningful metric.
> People will choose convenience over quality any day
- CEO of iHeart Media
I am neither a fan of iHeart Media nor that idea, but I think it may be correct. If true, an explanation for Reddit's poor quality is that they made media consumption convenient, and user hostile behavior goes unpunished because there is nowhere else as convenient as reddit.