Alexis Ohanian is a prominent American internet entrepreneur and investor, best known for co-founding Reddit, a leading social media platform that serves as the “front page of the Internet.” Alongside Steve Huffman and Aaron Swartz, Ohanian launched Reddit in 2005 through Y Combinator, which was later acquired by Condé Nast for an estimated $10 to $20 million. After returning to Reddit in 2015, he played a crucial role in steering the company towards independence and growth, ultimately resigning from the board in 2020 to advocate for diversity in leadership.
In addition to Reddit, Ohanian co-founded Initialized Capital, an early-stage venture capital firm that has successfully invested in notable startups such as Instacart and Opendoor. Under his leadership, Initialized Capital has managed over $500 million across three funds, earning accolades for his extensive network and influence within the tech investing ecosystem. Ohanian’s commitment to fostering innovation is evident through his investments in diverse sectors, including childcare and social startups.
Ohanian is also known for his philanthropic efforts and activism, particularly in advocating for an open Internet and net neutrality. His initiatives include supporting the hijab emoji campaign and funding climate-related projects for young founders, demonstrating his dedication to social impact and inclusivity in technology.
Through his creative endeavors, Ohanian has established a strong personal brand, authoring the book “Without Their Permission” and hosting various podcasts, including “Business Dad.” His multifaceted career showcases his ability to blend entrepreneurship with social responsibility, making him a significant figure in the tech landscape.