Love the evenhanded answer, Michelle. And I can't tell you how similar I used to be in that regard. I believed stoutly in a sort of open source management approach and promised myself when I was a youth I would do precisely as you are doing. Over the years I have found it to be suboptimal. Thousands of years' worth of management theory turn out to be a useful precedent. But--and I mean this sincerely--I hope it works for you. Would be a better world, I think, if your way worked best.
My instinct is that this post being on the front of HN, along with the tenor of the comments, is evidence of it working. I'd wager that her post is serving as an incredibly effective piece of content marketing. HN is the perfectly audience for Keen's product, and getting on the front of HN for a full day is a big win both for reaching customers and new recruits. Certainly some people will have your reaction, but another significant percentage will have a positive reaction, as demonstrated in the comments.
Actually the management theory pretty much agrees with Michelle on this one.
The old-school Taylorist-style management theory that you're probably thinking of has been thoroughly debunked now. It doesn't lead to good outcomes.
Leadership theory is much more nuanced now, there's a recognition that the best leadership style to use in any given situation is very much based on context and team membership.
Management need to deal with the situation as it is, because that builds trust that management are actually dealing with the situation.