Comment by lolthr0w on 13/07/2015 at 02:42 UTC

3 upvotes, 1 direct replies (showing 1)

View submission: Kn0thlng Admits He was Behind Vlctoria's Termination: Was E|len a Patsy?

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He's co-founder as well as chair.

I agree that his claim that he fired Victoria is a bit odd, as you point out...

And then there's this: https://np.reddit.com/r/AskReddit/comments/3cs78i/whats_the_best_long_con_you_ever_pulled/cszjqg2?context=3[1] which is just ridiculous. If anyone isn't aware, yishan and ekjp are both former CEOs, spez is the current CEO, and Altman is Y-combinator.

1: https://np.reddit.com/r/AskReddit/comments/3cs78i/whats_the_best_long_con_you_ever_pulled/cszjqg2?context=3

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Comment by RambleMan at 13/07/2015 at 02:55 UTC

1 upvotes, 1 direct replies

Yeah, I saw that post. I've observed enough very-very long corporate "cons" before that were primarily boys club type of exchanges that I don't doubt anything anymore. I remember the first one I figured out and I was amazed at the players were so devious and long-planners. If it not being completely unethical, I would be incredibly impressed at the effort and time they all put in to ensure they were working to benefit themselves with so many balls in the air.

Alexis being co-founder should mean nothing in terms of operations. If he's Chair AND holds a staff position that would give him authority to fire staff, that's an unacceptable role combination. Simply put, the Chair and Board are to provide long-term vision and direction for the CEO to implement. They have one employee - the CEO. The Board members can of course freely talk about what's going on at reddit, but its one of those balancing acts of over-sharing what only the CEO should know, and expressing opinions that shouldn't be public if they undermine the effectiveness of the CEO.

I'm not one for Reddit Drama, but from a corporate structure/operations perspective, this is all fascinating to watch. It all feels like college roommates making processes and rules up as they go vs. how corporations/boards function.

I've read and listened to Alexis speak and he comes across as very passionate about internet freedoms and free speech and all that, but that doesn't qualify him to be running a multi-million dollar company. I bought Alexis' book at launch, but haven't had time to read it. Maybe there's something in there about his education and job experience that I'm unaware of.