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All opinions expressed by TED and podcast guests are solely their own opinions and do not reflect the opinion of capital allocators or their firms. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Clients of capital allocators or podcast guests may maintain positions and securities discussed on this podcast.
My guest on today's show is Alexis Ohanian, the general partner and founder of Seven Seven Six, an early stage venture capital firm with a billion dollars under management that he describes as a technology company that deploys venture capital. Alexis was the cofounder of Reddit, one of the most popular online forums in the world, which he sold eighteen months after its 2005 launch for just $10,000,000 and returned as executive chair in 2014 to help lead the turnaround of the business. In between and since, he's invested in early stage ventures as a partner at Y Combinator, cofounder of Initial
I'm very happy to be here, Ted. Thank you for having me.
Why don't you take me all the way back to your first entrepreneurial instincts as a kid?
Gosh. Well, my first would have been mowing lawns around the neighborhood. This was now in Suburban Maryland. And as soon as I could push that mower, my dad would pay me an allowance, probably a few bucks to mow the lawn and I realized my neighbors would pay me more. Sorry, dad. Shout out to the fields, they were across the street, the Muths also across the street. We did some business. So I mowed a lot of lawns. That was really the start of it. Then I went and got a job at CompUSA when I was 14 and I had this Madonna mic and I'd be pitching the latest computer peripherals and software to a cr
How do you think about what to do as you went through college?
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