Ellen Pao Out as Reddit CEO, Blames Site’s Users
Article here. Excerpt:
'Silicon Valley Business Journal just reported that “Ellen Pao is resigning from Reddit after eight months of drama as interim CEO.”
Having kept her Reddit position despite losing America’s highest profile sexual discrimination lawsuits against what she called Silicon Valley’s “boy’s club,” Pao was forced out for firing a popular female employee.
When the Ellen Pao five-week-long and very salacious San Francisco trial against the elite venture capital firm of Kleiner Perkins Caufield & Byers for alleged sexual discrimination went to the jury on March 26, most observers assumed it was a slam-dunk that the former junior partner would win a big chunk of her demand for $16 million to compensate for sexual discrimination and up to $144 million for punitive damages.
Pao’s salacious lawsuit filed in 2012 had been a lightning rod for Jesse Jackson and other diversity camp followers to disparage the “backward culture” of Silicon Valley. Hoping to unmask Silicon Valley’s supposedly greedy venture capitalists victimizing the reserved little Asian woman seemed like a done deal in a case that was supposed to be about the larger implications regarding the future of women and minorities in the tech field; which is dominated by a ratio of 70 percent white and Asian men, but only 30 percent women.'
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