When Reddit CEO Yishan Wong announced that the crowd-sourced news site had raised $50 million, he called his financiers "patient, long-term investors who support our views on difficult issues." But less than two months later that patience seems to have run out and over a suspiciously simple dispute.

It's hard to cast a better clusterfuck—or a worse caricature of Silicon Valley hustle—than what happened to tech investor Jason Calacanis. "Someone hacked my voicemail and changed my outgoing message to get me to invest," he wrote on Instagram yesterday, along with a recording of the new message.

After checking up on their brood last month, some of the tech industry's most prominent investors scolded startups about burning through their venture capital allowance. But dad's new rule about spending wisely has not reached founders themselves, reports the Wall Street Journal.

If female celebrities break into a cold sweat over Reddit users, just image how investors feel after throwing down $50 million in the hopes of profiting off the crowd-sourced site. But lead investor Sam Altman and CEO Yishan Wong appear to have come up with a plan to appease "the often volatile Reddit community."

Ever since Paul Graham stepped down from Y Combinator, the Stanford of startup accelerators has been trying to give off a more welcoming vibe. The attempts thus far have seemed awkward, half-hearted, and therefore insincere. As though Sam Altman got PR advice on crisis control from a YC bro-founder: Just tell 'em what they want to hear.

Industry obsessives talk about Product Hunt—a leaderboard that lets members vote on new apps, devices, and other assorted technologies—with a sense of gratefulness. Venture capitalists use its hand-picked daily list to find a diamond in the deluge. Founders use Product Hunt as an alternative launching pad: TechCrunch without the noise; Hacker News without the hate.

Y Combinator is hosting a fundraiser for the DNC with President Obama. Hacker News commenters are mad as heck. The only reassuring part is seeing Marissa Mayer and Sam Altman's under "Change That Matters."

On stage at the Launch festival this afternoon, Y Combinator cofounder Paul Graham explained his decision to step down from Silicon Valley's ur-accelerator. He wanted to "get his brain back."

There are no shortage signs that the tech industry is, once again, bubbling over with absurdity. "Part-time" Y Combinator partner Sam Altman, whose app Loopt got acqui-hired for $43 million and then shut down, thinks he's found another: "hot girls" on the prowl for engineers.