The community update was on the verge of being rolled out before he bought in. Many of us have been testing it on the beta site for it for months now.

From my understanding what he has done is get them to reduce the amount of time it takes to make an account. Along with telling them there is to many ads running on Steemit and to reduce it.

Hes got some money to toss around that is for sure. This could help a lot of products who are running on fumes make the needed upgrades.