There seems to be a disconnect to what I am saying...
You seem to believe a low quality /r/pics would bring in traffic, even more weirdly you seem to believe the admins shutting down /r/pics because of illegal content, is better for profitability then it being shut down because of a protest, not sure how that works....
Traffic, and users drive profitablity, High Quality User Generated content drives that traffic and attracts users
If reddit loses high quality user generated content, there is no traffic, and thus there is nothing to sell to be profitable, no ads, not API, nothing
it would not matter if /r/pics was shutdown in protest, or shutdown because of poor moderation, it is still shut down, and thus no profits from it.
investors love companies that are profitable, especially right now when the cost of capital is very high. "focusing on profitability" is not the same as delivering profitability. Investors right now want results, not power points about how they project the results being