Moderation is a must or else there will be rampant misinformation and hate speech. Reddit is fine but it's not really operable as a business enterprise unless

Moderation is a must or else there will be rampant misinformation and hate speech. Reddit is fine but it's not really operable as a business enterprise unless you are fine with making a small tiny profit over long period of time. Subreddits are a self solving problem over time. They grow big and shrink on their own merits and damage is self contained.