He wants money and power. If he's getting those, then he's getting what he wants. We all know that Reddit was and is overvalued. Several of the things Reddit has done in the past year or two guarantee that it won't be around in the long run, and perhaps not in the medium run. But if he can get his power and money now, he wins.

Many of us actually use social media in part because we value the community. But some people are greedy jerks and they just don't care, and it doesn't matter what you say to them because their values are unfriendly.