content: She is interim but she is also the last one. It all has to do with Venture Capital.  Suppose you are the young Reddit and you are badly in need of cash. A venture capitalist comes and offers to invest in reddit, the one condition is that you must pay the profits at the end of 10 years.  There was no certainty that Reddit would turn, so the VC was taking a huge risk, not surprisingly they also make huge profits. With reddit it should be somewhere around 1000% profits. So the VC wants the maximum return for their muney at the end of the 10 year term. This means the investment must be maxed out in value and then sold. Ohanian and co. knew that would happen and when. They knew exactly as they signed the papers 10 years ago.  Pao only enters the picture after everyone wit a bit of sense has taken their money and bailed out. She is inconsequential. Reddit is now owned by the same company that owns GQ and Bride magazine. You go figure what is in their horoscope.