Yishan Wong Resigns from reddit

Yishan Wong, the former CEO of reddit, resigned from the company last week.

• Wong's resignation was due to a disagreement with the board regarding the location and cost of a new office.
• The board did not approve Wong's plan for a new office, leading to his decision to step down.

Alexis Ohanian Returns to reddit

In the wake of Wong's resignation, Alexis Ohanian, the co-founder of reddit, has returned to the company as full-time executive chairman.

• Ohanian was previously a part-time partner at Y Combinator.
• He will be responsible for marketing, communications, strategy, and community at reddit.

Ellen Pao Takes Over as Interim CEO

Ellen Pao has been appointed as interim CEO of reddit.

• Pao is known for her experience in vision, execution, and leadership.
• The company expects her to perform exceptionally well in the role.

Founders Returning to Companies

The article highlights the trend of founders returning to companies and achieving success.

• Ohanian's return to reddit is seen as a positive step for the company, as he understands the community better than anyone.
• Founders possess the ability to establish a vision for their companies that no one else can.

Dan McComas Becomes SVP Product

Dan McComas, founder of redditgifts, has been promoted to SVP Product at reddit.

• McComas has a strong track record in building great products and cultures.
• He has already been a vital part of the reddit team and is expected to contribute more broadly.

reddit's Growth

The article mentions that during the former CEO's short tenure, reddit added more users than Hacker News has in total.

• This highlights the ongoing growth and popularity of reddit.
• The new team is expected to continue this trajectory and take reddit to even greater heights.