Alexis Ohanian (Seven Seven Six)
Overview
Alexis Ohanian is a prominent American internet entrepreneur and investor, widely recognized as the co-founder of Reddit, a popular social media platform. He is also the founder of the venture capital firm Seven Seven Six (776), which focuses on investing in innovative startups. Throughout his career, Ohanian has been a vocal advocate for various social causes, including gender equity in sports, internet freedom, and diversity in technology. Apart from his professional endeavors, he is known for his marriage to tennis legend Serena Williams, with whom he shares two children.
Recent Developments
Key Events from 2024 to 2025
- May 2025: Alexis Ohanian invested in Chelsea Women's football club, acquiring a 10% stake valued at approximately $26 million. He emphasized his commitment to elevating women's sports on a global scale, echoing his previous investment in Angel City FC.
- April 2025: Ohanian participated as a speaker at the POSSIBLE 2025 event in Miami, discussing the impact of women athletes as media brands and the opportunities this presents for marketers.
- February 2025: At the POSSIBLE 2025 conference, Ohanian, alongside Tara Davis-Woodhall, highlighted the importance of investing in women’s sports and athlete branding.
- Spring 2025: Ohanian’s venture, Seven Seven Six, led a $23 million funding round for the fan experience platform Jump, designed to enhance engagement for NBA and WNBA teams.
- January 2025: Announced a $83 million investment in the AI translation firm Palabra, focusing on developing real-time multi-language translation technology.
| Attribute | Information |
|---|---|
| Full Name | Alexis Kerry Ohanian |
| Born | April 24, 1983, Brooklyn, New York, U.S. |
| Nationality | American |
| Occupation | Entrepreneur, Investor |
| Known For | Co-founding Reddit & Seven Seven Six |
| Net Worth | Approximately $150 million |
| Education | University of Virginia (Commerce & History) |
Early Life and Education
Alexis Ohanian was born to an Armenian-American father and a German mother. Raised in Ellicott City, Maryland, Ohanian attended Howard High School, where he developed an early interest in technology and computers. His multicultural upbringing and his family’s history with the Armenian genocide significantly influenced his worldview.
Ohanian pursued higher education at the University of Virginia, where he majored in commerce and history. It was during his college years that he met Steve Huffman, his future Reddit co-founder. The idea for Reddit originated in their dorm rooms, leading to its establishment shortly after their graduation.
Career and Notable Achievements
Ohanian's first major venture was Reddit, which he co-founded with Steve Huffman. Initially developed as a platform for users to share and discuss news articles, Reddit gained rapid popularity and was acquired by Condé Nast in 2006. Ohanian continued to play a role in its operations as a board member and briefly returned full-time in 2015.
- Reddit: Co-founded in 2005, sold to Condé Nast in 2006.
- Initialized Capital: Co-founded a venture capital firm in 2012, investing in companies like Instacart and Coinbase.
- Seven Seven Six (776): Launched in 2020, focusing on early-stage tech investments and social impact ventures.
Current Work and Impact
In addition to leading Seven Seven Six, Alexis Ohanian is actively involved in advocating for social and gender equality through his investments and public engagements. His firm’s recent moves to invest in women's sports and technological innovations underscore his commitment to these causes.
Alexis Ohanian Net Worth
Alexis Ohanian’s net worth, as of 2025, is estimated at $150 million. His wealth primarily stems from the successful sale of Reddit, his ventures in Initialized Capital, and strategic investments through his firm Seven Seven Six.
Seven Seven Six Founder
Ohanian's venture firm, Seven Seven Six, has established itself as a cornerstone in the tech startup ecosystem, with a portfolio that includes investments in sectors like consumer tech and enterprise applications. The firm aims to empower underrepresented entrepreneurs and focuses on projects with significant social impact.
Conclusion
Alexis Ohanian has carved a distinguished path as an entrepreneur and investor, using his platform to drive discussions on equity, innovation, and societal change. Through ventures like Seven Seven Six and his strategic investments in women’s sports, Ohanian continues to influence the tech and social sectors. As he supports new generation leaders who align with his vision for a more equitable world, Ohanian’s legacy is likely to inspire future entrepreneurs and activists.