Alexis Ohanian says he is trying to set an example for other leaders -- by stepping down. Reddit, the social networking site he co-founded 15 years ago, gave birth, directly and indirectly, to some of the worst racism, hate and trolling on the internet... Ohanian urged Reddit to fill his seat with a black candidate. Ohanian... tweeted: "I'm saying this as a father who needs to be able to answer his black daughter when she asks: 'What did you do?'" He also pledged $1 million to Colin Kaepernick's nonprofit Know Your Rights Camp. "I will use future gains on my Reddit stock to serve the black community, chiefly to curb racial hate," Ohanian tweeted... Reddit said it would honor Ohanian's request.

... [Current CEO] Huffman has come under fire in the past for not taking action on communities on the site in which racist views and language are frequently spewed. Earier this week, he published an open letter, saying "we do not tolerate hate, racism, and violence, and while we have work to do to fight these on our platform, our values are clear."... Ellen Pao, a former interim CEO of Reddit, slammed Huffman's comments. "I am obligated to call you out: You should have shut down the_donald instead of amplifying it and its hate, racism, and violence. So much of what is happening now lies at your feet. You don't get to say BLM when reddit nurtures and monetizes white supremacy and hate all day long," she tweeted.