It was great to see @alexisohanian
at @FortuneMagazine Global Forum in Riyadh 🇸🇦
The man who helped build @Reddit. into a global giant… and then walked away with “just” $10M after selling it as a 23-year-old, while the empire he started is today worth $40 billion and has 110 million daily users. Let this sink in: Alexis, dealing with the coma of his girlfriend, the passing of his dog, and his mother’s brain cancer, saw his definition of “winning” transform overnight.
Most founders dream of billion-dollar exits. But Alexis sold early—he missed out on $38B, and he’s proud of what came after. “You have to consider $10 million of value creation in 16 months. When we first got the offer, this is more money than my parents made their entire working lives,” he said. For him, mortality and family matter more than market cap.
Alexis didn’t chase regret. He redefined his legacy, becoming a driving force in venture capital and women’s sports: the visionary behind @weareangelcity, @lovblosangeles and the new @athlos
track series. At the #FortuneGlobalForum, he predicted women’s teams will top $1B in value in the next five years—sports revenue is exploding, up 25% YOY to $2.35B! “That sounds like a tech story”, he said.
And Alexis’s @sevensevensix isn’t just a fund—it’s his answer to the future of tech, crypto, gaming, and women’s sports. With nearly $1B in assets, Alexis leads one of the most daring crypto investment portfolios in the game. His firm has backed @AxieInfinity
(play-to-earn gaming), @helium, @QuickNode (blockchain infra), @yugalabs (NFT creators—yes, Bored Apes), and @Coinbase itself.
Ohanian has doubled down when VCs fled the crypto market—launching the Kryptós fund with a $177.6 million war chest to scoop up early-stage Web3 and blockchain projects at “discount valuations.” Forty percent of SevenSevenSix’s portfolio is now crypto-focused, with check sizes up to $10M. In fact, Alexis calls his early investment in Ethereum the best financial bet of his life, turning $10,000 into over $17 million.
Would you hold out for Zuckerberg-sized glory or choose to build something new?
4,92k
0
Innholdet på denne siden er levert av tredjeparter. Med mindre annet er oppgitt, er ikke OKX forfatteren av de siterte artikkelen(e) og krever ingen opphavsrett til materialet. Innholdet er kun gitt for informasjonsformål og representerer ikke synspunktene til OKX. Det er ikke ment å være en anbefaling av noe slag og bør ikke betraktes som investeringsråd eller en oppfordring om å kjøpe eller selge digitale aktiva. I den grad generativ AI brukes til å gi sammendrag eller annen informasjon, kan slikt AI-generert innhold være unøyaktig eller inkonsekvent. Vennligst les den koblede artikkelen for mer detaljer og informasjon. OKX er ikke ansvarlig for innhold som er vert på tredjeparts nettsteder. Beholdning av digitale aktiva, inkludert stablecoins og NFT-er, innebærer en høy grad av risiko og kan svinge mye. Du bør nøye vurdere om handel eller innehav av digitale aktiva passer for deg i lys av din økonomiske tilstand.