00:00 - 00:03Redditors are unhappy with the direction of the site.

00:04 - 00:05They've been fleeing to

00:05 - 00:07 Voat, Aether, and Snapzu.

00:08 - 00:12They say the new rules are vague and arbitrarily enforced.

00:12 - 00:15And they don't like the stagnant feature set.

00:17 - 00:19I'll talk to them.

00:19 - 00:21Just implement the new features we promised.

00:24 - 00:26Herr Spez

00:27 - 00:28You see...

00:31 - 00:33Pao fired everyone who knows how the site works.

00:34 - 00:36We can't develop our only product.

00:53 - 00:58Everyone but the "world-class executives" Pao hired, get out.

01:13 - 01:15What the hell were you thinking!?!

01:15 - 01:17All the planning in the world

01:18 - 01:23Is useless if we can't execute!

01:25 - 01:28Whose bright idea was it

01:29 - 01:31To fire the telecommuters?

01:31 - 01:34They built this site from nothing.

01:34 - 01:37They knew the community

01:37 - 01:40and shared their values

01:40 - 01:42Herr Spez, there was a glut of local labor.

01:42 - 01:46Employees are not interchangeable!

01:46 - 01:48They were experienced in link aggregators.

01:48 - 01:52That's because they came from Digg!

01:53 - 01:54Where is Digg now?

01:56 - 01:57Why did we fire the people who

01:57 - 02:00Made reddit successful and

02:00 - 02:03Hire the people who made Digg fail!?!

02:04 - 02:08Sure, most of the projects we've developed have been crap.

02:08 - 02:13We've always announced bizarre things just to ignore them for a few months and drop them.

02:14 - 02:16But at least we weren't Digg!

02:17 - 02:21At least our dithering didn't result in a constant stream of negative features!

02:27 - 02:29Then comes our second funding round.

02:30 - 02:34Suddenly we need to sand down our rough edges

02:34 - 02:36 To satisfy the media's moral panic.

02:41 - 02:42Suddenly we need to

02:43 - 02:47Become accessible to fundamentalist hipsters.

02:48 - 02:53So that we can one day "make money."

02:54 - 02:56We were great once!

02:56 - 02:59We even had our own cryptocurrency.

03:00 - 03:02Part of an ingenious master plan.

03:04 - 03:07It's okay. We all thought the cryptocurrency was stupid.

03:14 - 03:16Pao's job was simple

03:19 - 03:23Ram through some negative features, and take the heat on her way out.

03:25 - 03:26And maybe...

03:31 - 03:33Fix our mobile apps.

03:40 - 03:46But you can't talk to users exclusively when you have

03:46 - 03:49A negative feature to spin as a positive.

03:53 - 03:56Don't try to trick the internet.