You’re conflating investors, who lent Reddit the money and want a return on it, and spez, who actually runs the business and made those bad decisions. The investors weren’t the ones who told spez how to create the return on investment, they merely pressured him to find a way to do so. Do you think Warren Buffett tells Apple how to run things? I’d be surprised if an old fart like him had any say in how iPhones should be designed or how the Apple Store should operate.