Michael Seibel at TechCrunch Disrupt 2019. Photo: Kimberly White/Getty Images for TechCrunch

Reddit has appointed Y Combinator CEO Michael Seibel to its board to replace co-founder Alexis Ohanian, who stepped down last week and urged the company to replace him with a black candidate.

Why it matters: The board change comes amid growing scrutiny of Reddit's content moderation, which has often been accused of not curbing hateful content enough.

  • Notably, Siebel runs Y Combinator's accelerator program, which helped Reddit in its earliest days.
  • Siebel himself co-founded two companies that went through the program, Justin.tv which eventually became Twitch, and SocialCam, which he sold to Autodesk in 2012.

Go deeper: Axios' Dan Primack spoke with Ohanian about Reddit's future last year

Go deeper

Reddit's ban on The_Donald marks end of an internet dream

Photo: Omar Marques/SOPA Images/LightRocket via Getty Images

Reddit's decision to shut down a forum for notoriously combative Trump supporters puts a final nail in the coffin of one particular dream of internet idealists: the idea that online discussion spaces could, and should, serve as a universal meeting ground.

Why it matters: There's a dwindling number of environments in news media, social media, and society where Americans across the Trump era's great political divide communicate with one another — or have a chance to hear what the other side is saying.

Scoop: Alexis Ohanian leaves VC firm Initialized

Photo by Clive Brunskill/Getty Images)

Reddit co-founder Alexis Ohanian is moving on from Initialized, the venture capital firm he co-founded in 2012, Axios has learned.

What happened: Ohanian has become more interested in "pre-seed" investing, which is often little more than a business plan and a founding team, whereas Initialized focuses on traditional "seed-stage" investing.

Twitch temporarily bans Trump's channel for hateful content

Photo illustration: Filip Radwanski/SOPA Images/LightRocket via Getty Images

Twitch, the live-streaming service owned by Amazon, said Monday it issued a temporary suspension of President Trump’s channel "for comments made on stream," but that "the offending content has been removed," according to a spokesperson.

Why it matters: It's the latest major tech company to take action against one of the president's accounts for hate speech or conduct.