She might have been like a contact point for the team that ran the account.

Could be, that would make sense.

Obviously she knows what reddit it. There's picture with her and conde nast investors and Ellen Pao tweeted that she was at one of their parties.

I mean I guess... just because she's buddies with a billionaire doesn't mean she knows how their business works. Her job is to cozy up to billionaires at parties, not to understand their business. But you're right, she probably does at least know about how reddit works at least a bit