As others have mentioned development of reddit has been slow for the fact that their Engineering teams were performing Administrative tasks to the point that th

As others have mentioned development of reddit has been slow for the fact that their Engineering teams were performing Administrative tasks to the point that they could only maintain the site. Since they have cleared that hurdle by instituting more straightforward moderation and administration. The only exception to this is when a reddit admin actively modified a thread by users being hostile. This creates irreparable problems because users can't trust the administration to not tamper with their comments. They have on record stated that they will not do this in the future but you can't undo the removal of trust of their users. I have been a reddit user for almost 11 years and I am not associated of the group in question and it has made me loose faith in reddit. Their struggles with advertisement is something they can actively address now. Before when they were smaller than digg once digg made a huge mister and alienated their users this allowed to flourish into the site it is today. Due to the fear of what occurred to Digg their advertising was less aggressive their advertisements have been less aggressive and attempt to be targeted. But, since reddit is so large now the risk of alienation is much less. Also, other condenders like imgur and voat have tried to take the throne from reddit without success. Also, they have made great strides in making it accessible to everyone and you can get anyone from any political spectrum. If reddit wants to make money they have to broaden their appeal greatly and I believe thats the purpose of the $150m. Hopefully when they do this they won't turn out like digg because they are a much larger network now.