What really baffles me is the way reddit management handled this situation. There were many things they simply fucked up - They did not install the new AMA team properly (hell, the subreddit mods did not know about it), they reacted childish to the shutdown (something along the lines of "popcorn tastes good" - one of your biggest communities just shut down because you failed to do basic management, in what universe is this a proper response?) and they won't address the real issues, it's all PR speech (take a look at the "we' sorry" post, a lot of important questions raised are not answered).

This is just horrible - You cannot anger your community in such a "business model". reddit depends 100% on their users and especially the content creators and moderators. They do very little by themselves, and most of it is stuff around the core functionality only a small percentage is even using.