Also he admitted they don't make money and said they need to be profit driven til they do.
To me that says he's not sure this will actually make Reddit profitable; so looking at it from a detached, "I just care about the money" perspective I'd be really nervous about investing in Reddit. Feels like Spez would just light it all on fire.
They really need someone competent at the helm.
Source? I'm really curious to see what they found.