It was great to see @alexisohanian
at @FortuneMagazine Global Forum in Riyadh đžđŠ
The man who helped build @Reddit. into a global giant⊠and then walked away with âjustâ $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 motherâs brain cancer, saw his definition of âwinningâ transform overnight.
Most founders dream of billion-dollar exits. But Alexis sold earlyâhe missed out on $38B, and heâs proud of what came after. âYou 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,â he said. For him, mortality and family matter more than market cap.â
Alexis didnât chase regret. He redefined his legacy, becoming a driving force in venture capital and womenâs sports: the visionary behind @weareangelcity, @lovblosangeles and the new @athlos
track series. At the #FortuneGlobalForum, he predicted womenâs teams will top $1B in value in the next five yearsâsports revenue is exploding, up 25% YOY to $2.35B! âThat sounds like a tech storyâ, he said.â
And Alexisâs @sevensevensix isnât just a fundâitâs his answer to the future of tech, crypto, gaming, and womenâs 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 creatorsâyes, Bored Apes), and @Coinbase itself.â
Ohanian has doubled down when VCs fled the crypto marketâlaunching the KryptĂłs fund with a $177.6 million war chest to scoop up early-stage Web3 and blockchain projects at âdiscount valuations.â Forty percent of SevenSevenSixâs 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.â
Would you hold out for Zuckerberg-sized glory or choose to build something new?

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