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How do we build products and platforms that support a healthy, prosperous future? What will it take to “make the internet fun again?” Should kids be using AI? This week, serial entrepreneur and investor Alexis Ohanian—who co-founded Reddit two decades ago and is currently working to reinvent the social news aggregator Digg—joins Reid and Aria to talk about (re)building online and offline communities in the age of AI. They hear from Alexis on his recent bid for U.S. TikTok, the startups and women's sports ventures he's backing through his VC firm Seven Seven Six, and his approach to raising AI-forward daughters with his wife, tennis legend Serena Williams. For more info on the podcast and transcripts of all the episodes, visit https://www.possible.fm/podcast/ Topics: 03:03 - Hellos and intros 03:24 - Being a “Daddy Caddy” for Olympia 04:36 - Inspiration behind 776 08:26 - Making the internet “fun” again 12:25 - Internet culture vs. the platform 17:49 - Bid for Tiktok 21:47 - AI and online communities 27:01 - AI in women's sports 30:16 - Hardware vs. software 31:46 - Midroll 32:00 - Kids, parenting, and learning in the age of AI 34:55 - Physical products in a digital world 40:46 - Tech optimism 41:56 - Alexis's collectibles 44:29 - Rapid-fire questions Select mentions: Seven Seven Six Teenage Engineering Art For Kids Hub Synthesis Tutor Monumental Labs Mantel Unreasonable Hospitality Possible is an award-winning podcast that sketches out the brightest version of the future—and what it will take to get there. Most of all, it asks: what if, in the future, everything breaks humanity's way? Tune in for grounded and speculative takes on how technology—and, in particular, AI—is inspiring change and transforming the future. Hosted by Reid Hoffman and Aria Finger, each episode features an interview with an ambitious builder or deep thinker on a topic, from art to geopolitics and from healthcare to education. These conversations also showcase another kind of guest: AI. Each episode seeks to enhance and advance our discussion about what humanity could possibly get right if we leverage technology—and our collective effort—effectively.
Episode Summary: Dive into the intriguing world of venture capital with our latest episode featuring Katelin Holloway, a founding partner at Seven Seven Six. Discover what motivated Katelin to transition from an executive operator to a venture capitalist and how her deep empathy for founders guides her investment decisions. In this episode, you'll gain insights into Seven Seven Six's unique thesis-agnostic approach and explore the dynamic shifts in the venture capital landscape. Whether you're curious about space tech, women's health tech, or AI's impact on the future of VC, this episode is packed with valuable takeaways that will keep you engaged from start to finish. Guest Information: Guest Name: Katelin Holloway Bio: Katelin Holloway is a founding partner at Seven Seven Six, a venture capital firm driven by her extensive experience as an operator and executive. With a passion for supporting founders and a focus on innovative sectors, Katelin brings a wealth of knowledge and a unique perspective to the investment landscape. Links: LinkedIn, X - formerly Twitter Episode Outline: 1. Transition to Venture Capital Katelin discusses her journey from being an executive to a venture capitalist, fueled by her desire to scale her impact by supporting multiple companies as an investor. 2. Thesis-Agnostic Investment Strategy Explore how Seven Seven Six’s thesis-agnostic approach allows them to invest in diverse sectors, focusing on the best founders and innovative ideas. 3. The Future of Venture Capital and AI Discover how AI is reshaping the venture capital ecosystem and Katelin’s insights on leveraging AI to create impactful investments and operational efficiencies. Community & Calls to Action: Rate & Review on Apple Podcasts – Your feedback helps us shine! Rate Here Follow us on social media for the latest updates: X (formerly Twitter): @FemaleVCLab Join the conversation and share your thoughts on this episode using the hashtag #FemaleVCLab. Share it with a friend, and let us know your favorite takeaway!
This week, we're re-releasing Erik Torenberg's interview with Alexis Ohanian. Alexis discusses his journey from co-founding Reddit to creating the venture firm Seven Seven Six, detailing its unique approach of using software to enhance venture capital operations and founder support, transparency, and accountability —
Kyriakos is joined by Kian Sadeghi, the CEO of Nucleus Genomics, the leading company in the world, in genome testing.As of today, Nucleus has raised $32m, from some of the best investors in the world, such as Founders Fund, Seven Seven Six, and many more. 00:00 Introduction02:00 Jake Paul vs Mike Tyson: How the deal happened05:40 Make America Healthy Again in Fox News08:00 How to generate attention21:20 How Nucleus started28:00 Raising the first $33:00 How Kian raised from Keith Rabois from Founders Fund45:25 'The modern day emperor is founders'48:40 'The companies that win don't care about trends'49:30 'The two startup models'52:00 'AI is a negative signal'55:50 'Join the founder that is insane'56:50 Nucleus product evolution57:20 The 23andMe acquisition1:08:00 'DNA future and family planning'1:16:00 Raising the Series A1:21:00 Deadlifts
Podcast recording platform Riverside said Monday that it has raised $30 million in Series C funding led by Zeev Ventures, with participation from Seven Seven Six, and angel investor Sam Lessin. The company wants to use this funding to grow its team and build out solutions for the podcast and content creation space. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Former NFL quarterback Colin Kaepernick says we all have stories to tell and that artificial intelligence can help. This summer, the activist, author and CEO launched Lumi Story AI. Backed by Reddit co-founder Alexis Ohanian's venture capital firm Seven Seven Six, Kaepernick says the platform is meant to “democratize storytelling.” WSJ's Andrew Beaton interviewed Kaepernick last week at WSJ Tech Live about the new venture and what his many life experiences have taught him about being a CEO. What do you think about the show? Let us know on Apple Podcasts or Spotify, or email us: FOEPodcast@wsj.com Sign up for the WSJ's free The Future of Everything newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices
Molly Yang is CEO and co-founder of Hgen, a company that develops clean hydrogen to decarbonize heavy industry. Specifically, they are working on alkaline electrolyzer technology to make it have higher efficiency and higher power density, which they claim will allow them to produce hydrogen with a smaller footprint and lower cost, using a modular, mass-manufacturable design.Based in Los Angeles, Hgen has raised capital from Founders Fund, Fontinalis Partners, and Seven Seven Six among others. Prior to starting Hgen, Molly was on the Product team at Tesla, where she led initiatives across Tesla's industrial and residential energy products. Her co-founder and childhood friend, Colin Ho led actuation & power system for Starship and propulsion components for Crew Dragon at SpaceX.In this episode, Molly and Cody talk all about Hgen's origin story, technology and market. Toward the end of the conversation, she offers her thoughts to other climate tech startup founders and climate tech investors about how to approach a market.In this episode, we cover:[3:13] Molly's background at Tesla and her motivation for starting Hgen[6:09] Exploring different solutions for hard-to-abate sectors[8:30] Hgen's focus on distributed hydrogen production through alkaline electrolysis[9:24] Comparing alkaline vs. PEM electrolyzers[14:16] The challenges and advantages of alkaline electrolyzers[16:10] Targeting markets that use hydrogen today and displacing gray hydrogen[22:10] Various use cases for hydrogen[25:06] Hgen's progress and business model[27:49] Hgen is hiring![28:08] How different investors view hydrogen[34:25] Molly's advice for entrepreneursEpisode recorded on July 11, 2024 (Published on Oct 10, 2024) Get connected with MCJ: Cody Simms X / LinkedInMCJ Podcast / Collective / YouTube*If you liked this episode, please consider giving us a review! You can also reach us via email at info@mcj.vc, where we encourage you to share your feedback on episodes and suggestions for future topics or guests.
Send us a textAbout This EpisodeWhat does it mean to truly take up space? Cristina Apple Georgoulakis, a trailblazing portfolio and founder outcomes partner, joins us in this episode to share her unique journey in boldness. Travel with Cristina as we explore the pivotal moments that shaped her career and confidence, including her adventure teaching English in Spain and upon returning to the U.S., her key role in Typeform's U.S. expansion during its hyper-growth phase. Cristina's journey is a testament to the power of perseverance, teamwork, and personal growth. Now with Seven Seven Six, she emphasizes the importance of helping others realize their entrepreneurial dreams, while reflecting on how international ventures contributed to her own self-belief and independence. Tune in to celebrate the bold mindset and the extraordinary stories that inspire us to make positive impacts in our lives. About Cristina GeorgoulakisSystems-thinking CX leader turned venture capitalist, Cristina Apple Georgoulakis values driving growth in people and organizations. She previously co-founded an e-learning SaaS platform in Barcelona. After seven years of building her career and community abroad, she moved to San Francisco to open Typeform's first U.S. office. She's held a number of leadership roles at hyper-growth SaaS startups where she built and operationalized teams from scratch. As an investor, Cristina is drawn to startups where technology meets human connection, emphasizing the approach to maximizing returns while keeping a keen eye on the triple-bottom line: profits, people, and process. While at 776, Cristina has invested in ScorePlay, Area 2 Farms, Givingli, Trala, LA Golf Club. Additional ResourcesLinkedIn: @CristinaGeorgoulakisInstagram: @cris.tinaappleX: @cristina_lakiSupport the show-------- Stay Connected www.leighburgess.com Watch the episodes on YouTube Follow Leigh on Instagram: @theleighaburgess Follow Leigh on LinkedIn: @LeighBurgess Sign up for Leigh's bold newsletter
The Twenty Minute VC: Venture Capital | Startup Funding | The Pitch
Alexis Ohanian is the Founder and General Partner of Seven Seven Six, an early-stage venture capital firm with $970M AUM. Prior to 776, Alexis was the Co-Founder of Initialized, one of the most successful early-stage firms in history with their first fund returning 56x DPI. Before Initialized, Alexis was a Partner at the world-famous Y Combinator and before that was one of the Co-Founders of Reddit. In Today's Discussion with Alexis Ohanian We Touch On: 1. $31M in Revenue: The P&L of a Sports Team: What are the core revenue drivers for Angel City Football Team? How did Alexis convince Tony @ Doordash to write the largest-ever brand sponsorship check to have the Doordash name on the Angel City shirt? How much money does Angel City make from ticket sales per year? What does the revenue from merchandise look like for Angel City? How has it changed with time? 2. How to Spend $31M Annually To Run a Team: What are the single biggest costs in running a sports team? Does Alexis believe that salary caps are good or bad for leagues? How much money is spent by clubs on content and software today? How should that change? 3. More Cash in Sports Than Ever: Prices for teams are at an all-time high. Are we in a bubble for sports assets? What remains under-priced and what is over-priced today? What are the pros and cons of private equity entering sports ownership in a meaningful way? Who is the worst sports team owner who despite his mismanagement, still made billions? 4. Alexis Ohanian: AMA: How did Alexis and Serena William's children become millionaires through sports team ownership? How did Alexis turn a $10,000 check into $17.1M? How did a $10,000 check into a shoe company make Alexis $7M? Why does Alexis believe that sports becomes even more valuable in a world of AI?
Katelin Holloway of Seven Seven Six joins Nate to discuss The Question that Every Investor Should Ask, Teasing out the Characteristics of Generational Founders, and Recruiting Lessons from 1000+ Interviews. In this episode we cover: HR Tech Development and Investment Changing Dynamics in the Venture Capital Industry Identifying Strong Founders, Through Talent Identification and Instinct vs. Data-Driven Approach Evaluating Startup Founders and Products Using a Standardized Scorecard System Assessing Founders' Integrity and Delivery on Promises Important Questions to Ask Founders During Investment Meetings Common Hiring Mistakes Founders Make, Overhiring, Not Pacing Hiring, and Hiring Too Senior Guest Links: LinkedIn X Seven Seven Six The hosts of The Full Ratchet are Nick Moran and Nate Pierotti of New Stack Ventures, a venture capital firm committed to investing in founders outside of the Bay Area. Want to keep up to date with The Full Ratchet? Follow us on social. You can learn more about New Stack Ventures by visiting our LinkedIn and Twitter. Are you a founder looking for your next investor? Visit our free tool VC-Rank and we'll send a list of potential investors right to your inbox!
Alexis Ohanian is the General Partner and Founder of Seven Seven Six, an early-stage venture capital firm with $1 billion under management that he describes as a technology company that deploys venture capital. Alexis was the co-founder of Reddit, one of the most popular online forums in the world, which he sold 18 months after its 2005 launch for $10 million and returned as Executive Chair in 2014 to help lead the turnaround of the business. In between and since, he has invested in early-stage ventures as a partner at Y Combinator, a co-founder of Initialized Capital, and most recently founder of 776. Despite his success in entrepreneurship and investing, Alexis is most well known in the world at large as the husband of tennis star Serena Williams. Our conversation covers Alexis' initial ride at Reddit, taste of early-stage venture capital, and return to Reddit to scale the business alongside the challenges of managing a modern social media platform. We then turn to his investing as a technology company, including Cerebro – 776's transparent operating system, thematic ideas, traits of successful founders, social media engagement, investments in women's sports, and lessons learned from his wife Serena. Learn More Follow Ted on Twitter at @tseides or LinkedIn Subscribe to the mailing list Access Transcript with Premium Membership
My guests today are Rei Wang and Anita Hossain, Co-founders of coaching platform The Grand, which was seed funded by Alexis Ohanian's firm Seven Seven Six in 2023. Rei is the Chief Product Officer and Anita is the CEO. I met Rei ages ago, in her early days in NYC at General Assembly, where she worked as a Product Manager and Global Community Lead, developing educational opportunities for students. And I was excited to interview her about her work as the CEO of the Dorm Room fund at First Round Capital a few years back to get her perspectives around the intersection of community and product design…especially when the community IS the product. Check out that conversation here. Rei cultivated a vibrant startup ecosystem, mentoring over 250 entrepreneurs on various aspects of business management and fundraising. Their leadership garnered recognition, including the Forbes 30 under 30 award. Rei and Anita met during their time at First Round Capital, where Anita was the Head of Knowledge. While there, she helped hundreds of entrepreneurs connect deeply and vulnerably, to share their concerns and to learn from each other. Anita was also an executive coach with the renowned coaching firm, Reboot, and is a certified Neuro-Linguistic Programming Practitioner. Key Advice for Working Through Challenges Prevention is first and foremost! Speak early and often to reduce buildup, bottling up and boiling over of tensions Make feedback about actions and behaviors, not about the person or their personality Rei suggests that using a simple framework like SBIO is a great way to frame feedback. (Situation or data, the Behavior you see, the Impact it has on you, and the Opportunity for improvement or transformation) Make sure feedback conversations are two-sided, with both partners regularly asking for and offering feedback Anita underscores the importance of Co-Creation of resolutions to challenges instead of telling someone to be different. Working on these tensions with a sense of collaboration can lead to reduced defensiveness. Head over to theconversationfactory.com/listen for full episode transcripts, links, show notes and more key quotes and ideas. You can also head over there and become a monthly supporter of the show for as little as $8 a month. You'll get complimentary access to exclusive workshops and resources that I only share with this circle of facilitators and leaders. Links The Grand My previous conversation with Rei Wang
On this episode of Redefining Work, I'm joined by Katelin Holloway, an influential figure in HR and investing who is a founding partner at Seven Seven Six, a venture capital investment firm. We explore her transition from HR to venture capital and why the HR skill set is so important when making investment decisions.
Dan Nathan and Deirdre Bosa are talking tech layoffs, microchips, plus the M&A space. After the break, we bring you Dan's panel from iConnections Global Alts with Alexis Ohanian and Rick Heitzmann of FirstMark Capital. Witness how Alexis Ohanian's journey from founding Reddit to starting Seven Seven Six during the tumultuous year of 2020 has shaped his approach to tech-driven venture capital, focusing on creating deep connections with founders and CEOs. Rick Heitzmann shares insights on forming long-term partnerships with founders, enduring through both triumphs and tribulations, and the importance of due diligence in today's fast-paced investment landscape. Topics On The Pod Adam Neumann wants WeWork back DocuSign Take-Private Put On Ice Ryan Denehy Tweet Is it time to ‘Sell Nvidia'? Mark Cuban's Famous Collar Trade View our show notes here Learn more about Ro body: ro.co/okay Learn more about Current: current.com Email us at contact@riskreversal.com with any feedback, suggestions, or questions for us to answer on the pod and follow us @OkayComputerPod. We're on social: Follow @dee_bosa on Twitter Follow @GuyAdami on Twitter Follow us on Instagram @RiskReversalMedia Subscribe to our YouTube page
Dan Nathan and Deirdre Bosa talk Big Tech layoffs, microchips, plus the M&A space After the break, we bring you Dan's panel from iConnections Global Alts with Alexis Ohanian and Rick Heitzmann of FirstMark Capital. Witness how Alexis Ohanian's journey from founding Reddit to starting Seven Seven Six during the tumultuous year of 2020 has shaped his approach to tech-driven venture capital, focusing on creating deep connections with founders and CEOs. Rick Heitzmann shares insights on forming long-term partnerships with founders, enduring through both triumphs and tribulations, and the importance of due diligence in today's fast-paced investment landscape. Topics On The Pod Adam Neumann wants WeWork back DocuSign Take-Private Put On Ice Ryan Denehy Tweet Is it time to ‘Sell Nvidia'? Mark Cuban's Famous Collar Trade View our show notes here Learn more about Ro body: ro.co/okay Learn more about Current: current.com Email us at contact@riskreversal.com with any feedback, suggestions, or questions for us to answer on the pod and follow us @OkayComputerPod. We're on social: Follow @dee_bosa on Twitter Follow @GuyAdami on Twitter Follow us on Instagram @RiskReversalMedia Subscribe to our YouTube page
In this episode of Turpentine VC, Alexis Ohanian, co-founder of Reddit and Seven Seven Six, joins Erik Torenberg to discuss how Seven Seven Six is a “tech company that deploys venture capital”, the lack of internal metrics in venture, and how he plans to reinvent venture using software. If you're looking for an ERP platform, check out our sponsor, NetSuite:http://netsuite.com/turpentine --- Check out Erik's new show Request for Startups featuring a rotating cast of founders and investors (including Dan) sharing their requests for startups they want to exist in the world, and also their stories of navigating the idea maze in different sectors so founders don't have to reinvent the wheel anymore. The first episode is out now - we over better dating apps, references as a service, and WeWork for productivity Watch and Subscribe on Substack: https://requestforstartups.substack.com/p/receipt-based-dating-reference-checks Apple: https://podcasts.apple.com/us/podcast/request-for-startups-with-erik-torenberg/id1728659822 Spotify:https://open.spotify.com/show/739L1LR32QI2XyoZlRh5nv --- SPONSOR: NETSUITE | SHOPIFY NetSuite has 25 years of providing financial software for all your business needs. More than 36,000 businesses have already upgraded to NetSuite by Oracle, gaining visibility and control over their financials, inventory, HR, eCommerce, and more. If you're looking for an ERP platform head to NetSuite http://netsuite.com/turpentine and download your own customized KPI checklist. Shopify is the global commerce platform that helps you sell at every stage of your business. Shopify powers 10% of ALL eCommerce in the US. And Shopify's the global force behind Allbirds, Rothy's, and Brooklinen, and 1,000,000s of other entrepreneurs across 175 countries.From their all-in-one e-commerce platform, to their in-person POS system – wherever and whatever you're selling, Shopify's got you covered. With free Shopify Magic, sell more with less effort by whipping up captivating content that converts – from blog posts to product descriptions using AI. Sign up for $1/month trial period: https://shopify.com/momentofzen --- Seven Seven Six just launched a new website that displays what the firm has done in the last 365 days. Check it out: https://sevensevensix.com/ --- Join our free newsletter to get Erik's top 3 insights from each episode: https://turpentinevc.substack.com/ --- RELATED SHOWS: The Limited Partner If you like Turpentine VC, check out our show The Limited Partner with David Weisburd, where David talks to the investors behind the investors: https://link.chtbl.com/thelimitedpartner --- X / TWITTER: @alexisohanian (Alexis) @eriktorenberg (Erik) @Turpentinemedia --- TIMESTAMPS: (00:00) Intro (01:11) Alexis's Experience at Initialized (01:21) Formation and Vision of 776 (04:53) The Role of Metrics in Venture (06:15) 776's Approach to Venture Capital (06:43) The Importance of Software in VC (07:10) 776's Unique Approach to Software (07:52) The Impact of Transparency in Venture (13:07) The Role of Software in Sourcing and Evaluating (13:36) The Development of Cerebro (14:21) The Importance of Feedback and Accountability (23:20) The Amplify Tool and Its Impact (25:34) The Future of 776 (27:00) The Power of Software in Venture Capital (27:42) The Challenges of Pioneering in the VC Space (28:18) The Future of VC: Roadmap and Opportunities (28:58) Building a Community: The Power of Intentionality (30:18) Reimagining the Office Space: The Agora IRL Concept (32:40) Sponsor Break: NetSuite and Shopify (35:22) The Importance of Operational Rigor in VC (39:11) The Future of 776: Fund Size and Strategy (49:19) The Role of Software in Sourcing and Evaluating (52:06) Closing Thoughts: The Future of VC and 776
This week on the podcast, Katelin Holloway is in conversation with Vijay Mani and Chris Vanzetta, about the impact of AI on modern HR practices as we know them. Vijay Mani is the founder & CEO of Covey, the AI tool that helps recruiters and hiring managers to find, identify, and attract the right talent. Chris Vanzetta is the Talent Outcomes Partner & Head of People at Seven Seven Six. Vijay and Chris explore the capabilities of AI for both recruiters and employees as this crucial tool enters the workforce. Follow All Hands on Apple Podcasts, Spotify, YouTube, or wherever you listen to podcasts. Catch new episodes every other Tuesday. Learn more about how Lattice helps companies deliver great business results with smart people strategy at Lattice.com. Find us on Twitter @LatticeHQ.
Climate Change is the single biggest threat facing our planet at this moment. We've seen young climate activists rise to the challenge and use their voices to start global movements and influence change. But what would happen if we equipped them with the capital and the resources to tackle the issue head on, in the same way we invest in hungry start-up founders? That's the question investor and Seven Seven Six founder Alexis Ohanian asked himself when he started the 776 Foundation and Fellowship Program and pledged $20M to climate issues over the next 10 years. The inaugural class of Fellows are nearly one year into the program and are hard at work on projects across the climate solution spectrum from curbing food waste in rural Kenya by deploying solar powered cold storage units to building highly specialized robots working to automate synthetic biology. Hear from Alexis, Lissie Garvin the Director of the 776 Foundation and two of the fellowship program's bright young minds Maya Penn and Rostam Reifschneider, as they discuss their respective companies, the urgency for climate action and why they all believe our next generation holds the key to unlocking the solutions.
Alexis Ohanian of Seven Seven Six sits down with Julia Boorstin to discuss the firm's thesis and how they work with founders, trends he's bullish and not bullish on, and what he's currently seeing in terms of valuations. Recorded March 1, 2023 at the Upfront Summit.
The First 100 | How Founders Acquired their First 100 Customers | Product-Market Fit
In this episode, I chat with Peer Richelsen, the CEO of Cal.com, an open-source scheduling platform (and Calendly alternative).It raised $25M in Series A financing last year led by Alexis Ohanian's venture firm Seven Seven Six. Cal.com also opened an app store to allow developers to create apps using the company's platform technology. If you like our podcast, please don't forget to subscribe and support us on your favorite podcast players. We also would appreciate your feedback and rating to reach more people.We recently launched our new newsletter, Principles Friday, where I share one principle that can help you in your life or business, one thought-provoking question, and one call to action toward that principle. Please subscribe Here.It is Free and Short (2min).
Founder's FAQ: answers to all the possible questions of a founder. Hosted by Ilker Koksal. This episode's guest is Katelin Holloway. She's the founding partner of the venture firm Seven Seven Six. Previously, Katelin was in many stunning companies. At Pixar, she worked alongside some of the most brilliant creative minds of the generation. She was also the head of people and culture at Reddit and Klout. She's passionate about funding the companies that will shape the future of work, life, and sustainability. In this episode; 1-) Following “Curiosity” and asking great questions 2-) Building a culture in a remote era 3-) Winter is for builders! 4-) Which founders to invest in 5-) Climate tech, Europe, world's biggest problems to solve Founder's FAQ is a book for founders, and you can order through the www.foundersfaq.com
Syky will serve as an incubator, marketplace and social community for the next generation of fashion designers and consumers.Luxury fashion meets blockchain on Syky, the Seven Seven Six-backed web3 platform by Christine Hall originally published on TechCrunch
Our latest guest on CLIMB by VSC, is Katelin Holloway, an investor and founding partner of the venture capital firm Seven Seven Six. Prior to becoming a founding partner alongside Alexis Ohanian, Katelin was the former head of people and culture at Reddit, and an investor at Initialized Capital. At Seven Seven Six, Katelin is focused on helping her companies build inclusive company cultures, working with founders to make that a part of each startup from day one. In this episode we discuss: (0:01) Introduction to Katelin Holloway and her experience spanning companies like Pixar and Reddit before founding Seven Seven Six (5:32) How did Seven Seven Six decide upon their areas or categories of investment interest? (8:23) What kind of ClimateTech companies or categories is Katelin and Seven Seven Six is drawn to invest in? (12:05) Can consumers have an impact on climate change? Are consumer-centric solutions investable within climate innovation? (15:14) Katelin shares what excited her about DroneSeed, her climate investment (18:06) Key differences when building in climate tech startups vs. those in general tech (22:46) What CEOs and founders can do to make sure their companies don't have a clashes between 'climate' and 'tech' within their company (25:46) What are some pitfalls or mistakes Katelin sees from founders building in Climate Tech? (29:06) What stands out to Katelin about a climate tech founder? What makes a successful climate tech founder? (32:38) What Katelin thinks about VCs hesitance to back companies that work with governments (or with long sales cycles)? (36:11) Katelin shares the story behind Seven Seven Six Fellowship and the climate initiative led by Elizabeth Garvin (38:35) Advice to young people and young professionals who are interested in climate innovation? (41:05) Final thoughts & key takeaways from our episode today About VSC Ventures: For 20 years, our award-winning PR agency VSC has worked with innovative startups on positioning, messaging, and awareness and we are bringing that same expertise to help climate startups with storytelling and narrative building. Last year, general partners Vijay Chattha and Jay Kapoor raised a $21M fund to co-invest in the most promising startups alongside leading climate funds. Through the conversations on our show CLIMB by VSC, we're excited to share what we're doing at VSC and VSC Ventures on climate innovation with companies like Ample, Actual, Sesame Solar, Synop, Vibrant Planet, and Zume among many others.
Reddit co-founder Alexis Ohanian is reportedly preparing to launch Kryptós, a crypto-centric fund, to capitalize on the current bear market. Ohanian's venture capital firm, Seven Seven Six, is looking to raise $177.6 million. “It's on sale. Everything is on sale,” is how founding partner Katelin Holloway explained the move to The Information. On this edition of Real Vision Crypto Daily Briefing, Paul Guerra and Ash Bennington discuss what Ohanian's move suggests about opportunities to pick up valuable assets at cheap prices. Also on today's agenda are Singapore sovereign wealth fund Temasek Holdings' decision to lead a $100 million funding round in blockchain investment firm Animoca Brands and Tether's response to a recent Wall Street Journal article that questioned the stablecoin's transparency and reserves. Then, in today's feature segment, Paul and Ash deconstruct a recent interview with Luca Mossini, the head of business development at Avantgarde Finance, about the state of DeFi in the aftermath of recent failures. We want to hear from you – please share your questions in the chat! Learn more about your ad choices. Visit megaphone.fm/adchoices
In 2020, Alexis Ohanian, Co-Founder of Reddit & Founder of Seven Seven Six, broke ties with the $10 billion-dollar company he helped to build as an act of protest during the Black Lives Matter movement. In doing so, he stepped away from the business he'd known for most of his career, and instead decided to found a different kind of VC firm. In this episode, Alexis tells Alex about the traumas he faced at the very start of his career, and how that has driven him towards the impact-focused mission he has today when it comes to 776, as well as how he approaches being as present as possible for both his family and his work.To learn more about how CNN protects listener privacy, visit cnn.com/privacy
Today's Unlimited Partner is Katelin Holloway Co-Founder of Seven Seven Six, a venture capital firm with Alexis Ohanian."Founded by builders, built with software, in order to be the very best at supporting founders that are changing the world". Katelin has dedicated her career to building teams and advancing the HR function at some of the internet's most influential startups, including Pixar, Klout and Reddit. As Founding Partner at the firm, she contributes as both an investing and operating partner, supporting entrepreneurs with all things People & Culture. She is passionate about funding the companies that will shape the future of work, life, sustainability, and the delicate balance that enables us to thrive. At home, she plays the role of mom to two wily little boys – Luca and Juno." She also hosts the podcast All Hands with Katelin Holloway Topics include: Making her first investment in Poppyseed Health with her Mom Seven Seven Six with Alexis Ohanian Working at Pixar Discovering her superpowers at Klout Joining Reddit after having a great experience which saved her child's life Reddit becoming her favorite job Shooting your shot Katelin's songs are Rocky Raccoon by The Beatles and Heatwaves by Glass Animals Sponsors: Tegus Research My Marketplace Builder Links: Thomas McGannon LinkedIn Follow us on social media: Like and subscribe and all that stuff...stay in touch as we will have exciting updates and content soon... @uppodpod Twitter @uppodpod Instagram UP YouTube Channel up-pod.com Email us: show@up-pod.com,
In 2020, Alexis Ohanian, Co-Founder of Reddit & Founder of Seven Seven Six, broke ties with the $10 billion-dollar company he helped to build as an act of protest during the Black Lives Matter movement. In doing so, he stepped away from the business he'd known for most of his career, and instead decided to found a different kind of VC firm. In this episode, Alexis tells Alex about the traumas he faced at the very start of his career, and how that has driven him towards the impact-focused mission he has today when it comes to 776, as well as how he approaches being as present as possible for both his family and his work. Read about Alexis Ohanian's VC firm: https://sevensevensix.com/ Learn more about some of the companies that 776 is funding: Prenda Anja Health EarlyBird Full transcripts for all Imposters episodes available at https://imposters.morningbrew.com
In Episode 90, Katelin Holloway, Founding Partner at Seven Seven Six, joins Melinda in an extensive conversation over the role of venture capital in advancing diversity, equity, inclusion, and belonging across the tech industry. They explore how the venture ecosystem can evolve to empower a talented and diverse workforce, create new opportunities and access to wealth for underrepresented founders, increase representation at senior levels within VC firms, and invest in companies that positively shape the future of work. Katelin also shares about their firm's commitment to diversity and inclusion across all investor roles to address the wealth gap in VC and how investors can build accountability for inclusion and sustainability in Web3.About Katelin Holloway (she/her)Katelin is a Founding Partner at Alexis Ohanian's venture capital firm Seven Seven Six, where she invests in people-first companies and manages the firm's programs, including the 2% Growth & Caregiving Commitment and Operator in Residence Program. Leading a career as a people & culture executive with previous roles at Pixar Animation Studios, Klout and Reddit, she's deeply committed to helping founders and the broader venture ecosystem evolve their diversity, equity, inclusion & belonging practices, creating new opportunities and access to wealth for people and products typically underrepresented in the tech industry. As an investor, she is passionate about supporting the companies that will shape the future of work, life, sustainability, and the delicate balance that enables us to thrive.Find Leading With Empathy & Allyship useful? Subscribe to our podcast and like this episode!For more about Change Catalyst, and to join us for our monthly live event, visit https://ally.cc. There, you'll also find educational resources and highlights from this episode.Connect With Katelin Holloway On SocialLinkedIn: https://www.linkedin.com/in/katelinhollowayTwitter: https://twitter.com/katelin_cruseConnect With Us On SocialYouTube: youtube.com/c/changecatalystTwitter: twitter.com/changecatalystsFacebook: facebook.com/changecatalystsInstagram: instagram.com/techinclusionLinkedIn: linkedin.com/company/changecatalystsProduction TeamCreator & Host: Melinda Briana EplerCo-Producers: Renzo Santos & Christina Swindlehurst ChanCreative Director @ Podcast Rocket: Rob Scheerbarth[Image description: Leading With Empathy & Allyship promo and photos of Katelin Holloway, a White Mom with long blonde hair and black blouse, and host Melinda Briana Epler, a White woman with red hair, glasses, and orange shirt holding a white mug behind a laptop.]Support the show
Welcome back, this week Lucas and Anita discuss turmoil and heartbreak in the crypto markets as Bitcoin and Ethereum get hit hard, a number of other popular tokens get crushed, and crypto-aligned public stocks like Coinbase and Robinhood see their share prices tank. What caused this bloodbath? Well, a major catalyst was the disastrous implosion of Terra's Luna token as a result of ongoing stablecoin woes.In their interview this week, Lucas and Anita chat with Kevin Rose. Kevin is a serial entrepreneur who founded Digg in the early 2000s and is now an investor at True Ventures and a co-founder of the Proof Collective. His startup recently raised $10 million from Seven Seven Six and launched its NFT project Moonbirds, which has quickly become one of the most popular NFT efforts out there. Listen along as we discuss the crypto crash and its fallout, and the challenges up ahead for NFTs.Helpful links:https://techcrunch.com/2022/05/10/bitcoins-backers-trying-to-turn-it-into-one-blockchain-to-rule-all-crypto/11:09https://techcrunch.com/2022/05/11/ust-founder-do-kwon-shares-plan-to-save-its-stablecoin-from-mass-destruction/11:09https://techcrunch.com/2022/05/11/terras-ust-crash-will-make-life-harder-for-crypto-as-regulation-looms/Subscribe to the Chain Reaction newsletter to dive deeper: https://techcrunch.com/newsletters
The S&P 500 is at a fresh 52-week low as the market sell-off continues. Minneapolis Federal Reserve President Neel Kashkari says he's confident inflation will come back to normal - though it's taking longer than he expected. His comments come less than a week after the FOMC raised benchmark rates by half a percentage point. The 50-basis-point hike was the largest increase in 22 years and sets the stage for a series of similar-sized moves in the months ahead. Alexis Ohanian, Reddit co-founder and Seven Seven Six founder, breaks down opportunities in the public and private tech sector. Plus, Uber plans to slash spending on marketing and incentives and Dr. Strange ushers in the Summer box office season.In this episode:Neel Kashkari, @neelkashkari@MinneapolisFedAlexis Ohanian, @alexisohanianAndrew Ross Sorkin, @andrewrsorkinJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickZach Vallese, @zachvallese
Alexis Ohanian and Kevin Rose make an exciting Seven Seven Six and Proof Partnership Announcement.
This week, Alexis gets non-technical with Alexis Ohanian, Founder of Seven Seven Six & Co-Founder and Former Executive Chairman of Reddit. They talk about The Ministry of Butter, trailblazin' babies, live tweeting a haunting, minimalist squeeze bottle pancake art, “Blood Boys,” and what if Abraham Lincoln played bass for Metallica?You can find Alexis on Twitter at twitter.com/alexisohanian and Alexis at twitter.com/yayalexisgay or instagram.com/yayalexisgay and twitter.com/NonTechnicalPod.This episode is sponsored by Betts Recruiting. If you're a high-performing professional looking for your next opportunity, it's time to become a Betts Connect Community member. Apply to join Betts' exclusive network, and if you're accepted, those tech startups will reach out to YOU. Apply now for your exclusive lifetime membership at bettsrecruiting.com/nontechnical
We had the full crew aboard today, headed by our killer production team Grace and Chris, and hosting crew Mary Ann, Natasha and Alex.Last week we promised Cute Farming Robots, and this week we delivered, along with a lot more. But first, the Equity team along with our sister podcast Found are doing live recordings starting soon. You can find out more here, but Equity will be live-taped on Hopin next Thursday. Come hang out, it should be fun!https://techcrunch.com/2022/01/31/come-hang-with-us-for-live-recordings-of-techcrunch-podcasts-equity-and-found/Now, the show rundown:Funding rounds from Pluto (corporate spend in the Middle East), Free Agency (agents for tech talent), and Metafy (video game coaching) got us started. From a host of rounds this week, we chose the most interesting for your delectation. If you want more on gaming, check out our Wednesday show where we niche down into the universe, or in this case, the metaverse.The new Seven Seven Six fund got us into the crypto investing beat, which Alex explored here earlier in the week. In short: Expect more crypto deals. We also touched on the Indian crypto tax rule, which is a revelation of a regulation.From there we dove into the fintech realm through the lens of the Bolt fiasco/drama/truth-telling saga. More tweets, please.And then, we end with a section on autonomous vehicles, that has nothing to do with cars. Yep, we're talkinig Cute Farming Robots, including rounds from Vecna, Electric Sheep, and MongoDB founder doing this, which reminds us that the AWS of robots isn't too far away.So far, 2022 is feeling good. Along with our soon to be standing live show circuit, we're working hard on making the show more focused on tension and nuance, while still sticking to our love for numbers and nerdy networks. Let's annoy some people this year, and teach you something in the meantime.
On this episode of Okay, Computer. co-hosts Dan Nathan and Rick Heitzmann talk the tech sell-off with Dan's “On The Tape” co-host Guy Adami (0:58). Later, Dan and Rick interview Alexis Ohanian, co-founder of Seven Seven Six and Reddit and discuss how Reddit came about (27:50), his advice for founders and CEOs today (37:02), the NFT craze (42:16), Alexis' big prediction for 2022 (53:49), and a Bored Ape Yacht Club bet (1:01:30). ---- Email us at contact@riskreversal.com with any feedback, suggestions, or questions for us to answer on the pod and follow us @OkayComputerPod. We're on social: Follow Dan Nathan @RiskReversal on Twitter Follow @GuyAdami on Twitter Follow us on Instagram @RiskReversalMedia Subscribe to our YouTube page
On this episode of Okay, Computer. co-hosts Dan Nathan and Rick Heitzmann talk the tech sell-off with Dan's “On The Tape” co-host Guy Adami (0:28). Later, Dan and Rick interview Alexis Ohanian, co-founder of Seven Seven Six and Reddit and discuss how Reddit came about (27:20), his advice for founders and CEOs today (36:32), the NFT craze (41:46), Alexis' big prediction for 2022 (53:19), and a Bored Ape Yacht Club bet (1:01:00). ---- Email us at contact@riskreversal.com with any feedback, suggestions, or questions for us to answer on the pod and follow us @OkayComputerPod. We're on social: Follow Dan Nathan @RiskReversal on Twitter Follow @GuyAdami on Twitter Follow us on Instagram @RiskReversalMedia Subscribe to our YouTube page OTT VERSION Episode Title: Web3 Ain't Got No Owners, Only Investors with Alexis Ohanian Episode Description: On this episode of Okay, Computer. co-hosts Dan Nathan and Rick Heitzmann talk the tech sell-off with Dan's “On The Tape” co-host Guy Adami (0:58). Later, Dan and Rick interview Alexis Ohanian, co-founder of Seven Seven Six and Reddit and discuss how Reddit came about (27:50), his advice for founders and CEOs today (37:02), the NFT craze (42:16), Alexis' big prediction for 2022 (53:49), and a Bored Ape Yacht Club bet (1:01:30).
In this conversation with Reddit co-founder and current founder of venture capital firm Seven Seven Six, we get to the heart of what has Alexis Ohanian excited about Web3. Alexis defines what Web3 means to him, what gravitated him to crypto, and why it reminds him about the early days of Reddit. We also dive into the importance of communities in Web3, how to spot healthy ones, and why women are poised to play a dominant role in the future.Today's conversation is for informational purposes only and does not constitute legal or investment advice. Actual results may vary materially from any forward-looking statements made and are subject to risks and uncertainties.
U.S. Covid cases have hit their highest level of the pandemic as two highly infectious variants circulate throughout the country and health officials urge Americans to get vaccinated and boosted against the virus. Dr. Anne Rimoin, epidemiology professor at the UCLA school of public health, discusses how to navigate potential false negatives in rapid tests and what the CDC should do to strengthen its guidance to prevent the spread of the virus. Dr. Robert Lahita, director at the St. Joseph's institute for autoimmune disease, discusses why he is advising people to get both the flu and the booster shot. Danny Cevallos, NBC's legal analyst, discusses the results of Ghislaine Maxwell's trial who was convicted of luring teenage girls to be sexually abused by late sex criminal and financier Jeffrey Epstein. Monica Alba, NBC's white house correspondent, reports on the details of the ongoing tensions between the U.S. and Russia. Plus, Alexis Ohanian, Founder of Seven Seven Six, discusses the future of the cryptocurrency.
Web3 is here, but all of the ways it will change the way the world works is not yet fully understood. In this episode of Where It Happens, the OG of community, Alexis Ohanian (@alexisohanian), Founder of Reddit and Seven Seven Six joins the show to share his early lessons from Reddit, stories from Y Combinator, and why he's betting big on Web3 communities and technologies. While co-hosts Greg Isenberg (@gregisenberg) and Sahil Bloom (@sahilbloom) place their bets on the future, and explore the idea of "minimum viable community." -------------------------------------- Want more community? Learn more here: http://trwih.com ••• FIND US ON SOCIAL ••• Alexis Ohanian: https://twitter.com/alexisohanian Sahil Bloom: https://twitter.com/SahilBloom Greg Isenberg: https://twitter.com/gregisenberg Production & Marketing Team: https://penname.co/ -------------------------------------- ••• SPECIAL THANKS TO OUR SPONSORS ••• MERCURY https://mercury.com/partner/rwih If you're a founder, Mercury is the banking product you need. Traditional banking is broken. Everything from the UX to the complexity of the benefits you care about most. Mercury is disrupting the old model. They offer FDIC-insured bank accounts, virtual and physical debit cards, international and domestic wires that are free to send, 3-click payment flows, and more. We personally use Mercury for our business banking with the podcast and Sahil is an investor. Get started in minutes from anywhere. COMMONSTOCK https://commonstock.com/ Why settle for the old model of investing when new options offer you so much transparency to help you grow your wealth? Commonstock is the home of smart money and an innovative social media approach to investing. We both love the platform and have used it to enhance our financial strategy. Commonstock is a social media platform like Reddit, but it removes anonymity and adds transparency. The app lets you see what smart money investors are buying and selling – in real-time – all while letting you see their reason why. This way, you know whether investors have skin in the game, or whether they only talk a big game. It's a great way to get insights that support your investing strategy. To learn more and sign-up today go to commonstock.com.
Today's blockchain and cryptocurrency news Brought to you by ungrocery.com Bitcoin is up slightly at $47,086 Ethereum is up 3% at $3,966 and Binance Coin is down .5% at $531 Aave up 17% Michael Saylor and Microstrategy are trying to figure out what to do with all that BTC. Adidas picks up 23M from it's collaborative “Into the Metaverse” drop Polygon and Seven Seven Six launch $200 million Web3 fund. Bitwise launches NFT tracking index fund
Cryptocurrency & Financial Markets News & Stats16th Nov. 2021Today, I talk about the following:1. The Cryptomarket sell off 2. We have been buying today - for Investment and Trading Portfolios3. · Crypto Markets Dump $200 Billion as Correction Deepens (cryptopotato.com) https://cryptopotato.com/crypto-markets-dump-200-billion-as-correction-deepens/4. https://coinjournal.net/news/current-chiliz-chz-price-surge-attributed-to-the-launch-of-live-in-game-nfts-and-rapidly-growing-ecosystem/Chiliz's first live in-game NFTs were airdropped for a match between A.C Milan and A.S. Roma that was played on October 29.· The live in-game NFTs are minted as the game proceeds and they are based on key moments in the live matches as they happen and they are dropped in the wallet of the fans that correctly predict the outcome of the game.5. Ohanian's venture capital fund, Seven Seven Six, and the Solana Foundation will invest $100 million in developing decentralized social media on Solana (SOL). Ohanian describes it as "the next wave of social." https://www.nasdaq.com/articles/why-reddit-co-founder-alexis-ohanian-will-invest-%24100-million-in-solana-social-media6. AMC will be accepting shiba inu online in the next two to four months, CEO Adam Aron said on Monday. Aron said online payments company Bitpay had agreed to support shiba inu for purchases of movie tickets and concessions.7. President Joe Biden just signed a $1.2 trillion bipartisan infrastructure bill — and it includes some new legislation crypto investors should know about.https://time.com/nextadvisor/investing/cryptocurrency/infrastructure-bill-crypto-taxes/8.· Litecoin (LTC) has marked a new developmental milestone with the introduction of ‘Litecoin Card' through a partnership with Visa. The card is useful for making instant off-ramp payments, which convert one's Litecoin holdings to fiat on the receiver's end.https://www.crypto-news-flash.com/litecoin-launches-off-ramp-payments-with-visa-ltc-indicates-bullish-sign/9. · https://www.cryptoglobe.com/latest/2021/11/crypto-com-launches-evm-compatible-network-cronos-as-cro-jumps-over-110/ Cryptocurrency exchange Crypto.com has launched the mainnet of the Ethereum Virtual Machina (EVM) compatible network Cronos, which aims to “massively scale the Defi [decentralized finance] and decentralized application ecosystem10. Fiat markets, social media, derivatives, liquidity, volatilities and more11. Gemini Lists DOGE Competitor SHIB, Community Celebrates12.Gate.io Users Exceeding 8 Million,Four Great Gifts for New Users|Gate.io13. https://www.cryptonewsz.com/huobi-joins-with-zksync-for-faster-and-low-rate-https://www.cryptonewsz.com/binance-introduces-nft-game-cards-featuring-legends-like-christian-vieri-gabriel-batistuta-and-alessandro-del-piero/14. https://news.bitcoin.com/cryptowisser-79-crypto-exchanges-dead-in-2021-even-more-than-in-2020/and much more
Cryptocurrency & Financial Markets News & Stats16th Nov. 2021Today, I talk about the following:1. The Cryptomarket sell off 2. We have been buying today - for Investment and Trading Portfolios3. · Crypto Markets Dump $200 Billion as Correction Deepens (cryptopotato.com) https://cryptopotato.com/crypto-markets-dump-200-billion-as-correction-deepens/4. https://coinjournal.net/news/current-chiliz-chz-price-surge-attributed-to-the-launch-of-live-in-game-nfts-and-rapidly-growing-ecosystem/Chiliz's first live in-game NFTs were airdropped for a match between A.C Milan and A.S. Roma that was played on October 29.· The live in-game NFTs are minted as the game proceeds and they are based on key moments in the live matches as they happen and they are dropped in the wallet of the fans that correctly predict the outcome of the game.5. Ohanian's venture capital fund, Seven Seven Six, and the Solana Foundation will invest $100 million in developing decentralized social media on Solana (SOL). Ohanian describes it as "the next wave of social." https://www.nasdaq.com/articles/why-reddit-co-founder-alexis-ohanian-will-invest-%24100-million-in-solana-social-media6. AMC will be accepting shiba inu online in the next two to four months, CEO Adam Aron said on Monday. Aron said online payments company Bitpay had agreed to support shiba inu for purchases of movie tickets and concessions.7. President Joe Biden just signed a $1.2 trillion bipartisan infrastructure bill — and it includes some new legislation crypto investors should know about.https://time.com/nextadvisor/investing/cryptocurrency/infrastructure-bill-crypto-taxes/8.· Litecoin (LTC) has marked a new developmental milestone with the introduction of ‘Litecoin Card' through a partnership with Visa. The card is useful for making instant off-ramp payments, which convert one's Litecoin holdings to fiat on the receiver's end.https://www.crypto-news-flash.com/litecoin-launches-off-ramp-payments-with-visa-ltc-indicates-bullish-sign/9. · https://www.cryptoglobe.com/latest/2021/11/crypto-com-launches-evm-compatible-network-cronos-as-cro-jumps-over-110/ Cryptocurrency exchange Crypto.com has launched the mainnet of the Ethereum Virtual Machina (EVM) compatible network Cronos, which aims to “massively scale the Defi [decentralized finance] and decentralized application ecosystem10. Fiat markets, social media, derivatives, liquidity, volatilities and more11. Gemini Lists DOGE Competitor SHIB, Community Celebrates12.Gate.io Users Exceeding 8 Million,Four Great Gifts for New Users|Gate.io13. https://www.cryptonewsz.com/huobi-joins-with-zksync-for-faster-and-low-rate-https://www.cryptonewsz.com/binance-introduces-nft-game-cards-featuring-legends-like-christian-vieri-gabriel-batistuta-and-alessandro-del-piero/14. https://news.bitcoin.com/cryptowisser-79-crypto-exchanges-dead-in-2021-even-more-than-in-2020/and much more
Cryptocurrency & Financial Markets News & Stats16th Nov. 2021Today, I talk about the following:1. The Cryptomarket sell off 2. We have been buying today - for Investment and Trading Portfolios3. · Crypto Markets Dump $200 Billion as Correction Deepens (cryptopotato.com) https://cryptopotato.com/crypto-markets-dump-200-billion-as-correction-deepens/4. https://coinjournal.net/news/current-chiliz-chz-price-surge-attributed-to-the-launch-of-live-in-game-nfts-and-rapidly-growing-ecosystem/Chiliz's first live in-game NFTs were airdropped for a match between A.C Milan and A.S. Roma that was played on October 29.· The live in-game NFTs are minted as the game proceeds and they are based on key moments in the live matches as they happen and they are dropped in the wallet of the fans that correctly predict the outcome of the game.5. Ohanian's venture capital fund, Seven Seven Six, and the Solana Foundation will invest $100 million in developing decentralized social media on Solana (SOL). Ohanian describes it as "the next wave of social." https://www.nasdaq.com/articles/why-reddit-co-founder-alexis-ohanian-will-invest-%24100-million-in-solana-social-media6. AMC will be accepting shiba inu online in the next two to four months, CEO Adam Aron said on Monday. Aron said online payments company Bitpay had agreed to support shiba inu for purchases of movie tickets and concessions.7. President Joe Biden just signed a $1.2 trillion bipartisan infrastructure bill — and it includes some new legislation crypto investors should know about.https://time.com/nextadvisor/investing/cryptocurrency/infrastructure-bill-crypto-taxes/8.· Litecoin (LTC) has marked a new developmental milestone with the introduction of ‘Litecoin Card' through a partnership with Visa. The card is useful for making instant off-ramp payments, which convert one's Litecoin holdings to fiat on the receiver's end.https://www.crypto-news-flash.com/litecoin-launches-off-ramp-payments-with-visa-ltc-indicates-bullish-sign/9. · https://www.cryptoglobe.com/latest/2021/11/crypto-com-launches-evm-compatible-network-cronos-as-cro-jumps-over-110/ Cryptocurrency exchange Crypto.com has launched the mainnet of the Ethereum Virtual Machina (EVM) compatible network Cronos, which aims to “massively scale the Defi [decentralized finance] and decentralized application ecosystem10. Fiat markets, social media, derivatives, liquidity, volatilities and more11. Gemini Lists DOGE Competitor SHIB, Community Celebrates12.Gate.io Users Exceeding 8 Million,Four Great Gifts for New Users|Gate.io13. https://www.cryptonewsz.com/huobi-joins-with-zksync-for-faster-and-low-rate-https://www.cryptonewsz.com/binance-introduces-nft-game-cards-featuring-legends-like-christian-vieri-gabriel-batistuta-and-alessandro-del-piero/14. https://news.bitcoin.com/cryptowisser-79-crypto-exchanges-dead-in-2021-even-more-than-in-2020/and much more
Raj (00:10):(silence). Ooh, beautiful.Alexis (00:11):This is fun. Hey everybody.Raj (00:13):It's electric.Alexis (00:13):All right. All right. Nice to see you all too. Oh, there we go. Okay. This is big. This is just the building of a new internet. Probably nothing.Raj (00:26):Probably nothing. It's such an honor, Alexis, really, to be on stage with you. It's like a dream. I've been a power user of Reddit, and I saw the way that you created that and the intention that you brought into it, and the intention you've brought into how we build technology that connects people together, and the conviction you have about how you want it to connect them for good. Not pull them apart but pull them together. Three things that connect them, their interests, their common grounds, and give them the tools to do that.Alexis (00:59):Thank you, man.Raj (00:59):Yeah, it's been really awesome.Alexis (01:00):I feel grateful. I was a dumb college kid in 2005, starting Reddit. The inspiration were like message boards. And I ran a PHPBB forum. Shout out PHPBB. I think those bulletin boards are still cranking somewhere in parts of the internet, but it was a hope for a more connected internet. But I really had no idea what would come from it. I'm obviously grateful. Hopefully a few of you all are Redditors. Any? Couple, one or two? Thank you. Thank you for all of your upvotes and thank you for also admitting you're the least productive people here. So thank you for your candor. I got so excited as crypto started taking off because Reddit is where I dove in. R/Bitcoin is the community that inspired me to first invest in Coinbase back in 2012. R/Ethereum was the community that got me really excited about what could actually be done with programmable money and this concept of building an internet that was decentralized and truly in the hands of all the people creating content. And now what I am seeing here, especially within the Solana community, is nothing short of awesome.And we can just cut to chase and one of the reasons why I'm here is to announce a collaboration that we're doing. I have a venture fund called Seven Seven Six. We're earmarking with the Solana Foundation $50 million to invest in the next wave of social built on Solana. Because I think this new world... We were debating whether to do the announcement at the start or at the end, I'm happy we did at the start. It's good vibes. But my job these days is with our team to look for the next big thing, put our money into it, give our support, our advice, our feedback, and help build businesses that'll be even bigger than any of the ones I've created. And it's exciting because this actually fulfills ambitions that I remember having 16 years ago but that we just couldn't execute on because the technology did not exist. And so I'm going to take you down memory lane a little bit. We'll fire up some slides.This is actually the very first version of Reddit that went live in 2005. I was not a great web designer. I was not. I'm really proud of Snoo, our mascot. I created that while I was bored in marketing class. But this was the first version, and a couple of things to notice, karma score, absolutely stole that from Slashdot. But I realized, okay, if we can get people to be incentivized to post good stuff, we can get more people to post more good stuff. And we'll just use internet points. It'll just be made up. And so if you got an upvote, you would gain a karma point. If obviously you were downvoted, you'd lose one. As you can see here, I posted the first link to Reddit, the Downing Street memo, and I was promptly downvoted because my co-founder is a dick. I knew exactly who it was, because it was just the two of us in an apartment. I knew who did that, and I have -1 karma. But internet points were the way we got people to come together and produce high-quality content.If you could believe me, in 2005, no one believed me when I said that people would spend all this time on the internet creating content, sharing content, commenting on content, but clearly it worked. And as we saw more and more progress, I obsessed over even designing the up and down arrows. I probably did like 10 iterations. I'm embarrassed by how many different versions of up and down arrows I designed. But this was all with the idea that we could reward people and get them feeling like their contributions mattered and encourage the best behavior. You'll notice the leaderboard there, the stats. That little janky link was one of the most important part to the website back in 2005 because the top submitters cared so much where they were on the leaderboard that when the stats thing went down, we would get a flurry of emails from people saying, something's wrong. Fix the stats leaderboard. I grew up playing video games, probably like a lot of you, and this seemed like a pretty obvious mechanism to just motivate people to keep posting content.But again, we're talking about internet points that outside of the community don't really amount to much, even awards. So once karma points exceeded their value, because once people got far enough along on Reddit, a new user would come on and feel demoralized because the idea of one day getting a million karma points seemed impossible. So I had to create new games. These awards, I was inspired by GoldenEye on the N64 because the end of Deathmatch, even my friends who were terrible at the game and never won would still get a little fun award at the end, like most cowardly. And we would ridicule them for that. It turned out that's like you spend the least amount of time on the screen of other players during the match. And it was these novel awards that inspired the Reddit awards today. I literally have people who introduce themselves, not by their government name, not by their username, but by the fact that they are a 12-year Redditor or a 14-year Redditor.These badges, these awards that were just a game mechanic that I created 16 years ago without much thought have become a sense of pride. But I look at all these things and I think, damn, if only there was value beyond this world of this ecosystem, because there's clearly value there. And everything I've seen in the last few years, the reason I'm so excited about Web 3.0 is this is all the same mechanisms, except with real ownership. With real value gained by the people who did all the amazing work to make these platforms function. And then I can't not talk about swag. This was Reddit's original business model, and it was actually the first fight we had. So the first two months of Reddit, we got into a big fight because I really wanted sell merch. I knew that even though we had this burgeoning user base, that random strangers on the internet would want to buy t-shirts with our logo on it as a way to show solidarity with our tribe. It was a huge fight, finally won it, and I built a store. And this was before Shopify, before Stripe. This was like a janky PayPal. It was really hard to take money from strangers on the internet back in 2005, okay? But I get this janky storefront up. I filled the bedroom with probably like 300, 400 t-shirts and put it online, and within 24 hours, sold out. And then I spent the next day stuffing envelopes and taking garbage bags full of these t-shirts to the post office. And with every one of them I sent out, I felt a little bit validated because random people on the internet wanted to show their pride by making their torso into a billboard for us, and give us money for that privilege. Today, just seeing someone change their profile pic is an even bigger statement of that tribal solidarity. And again, maybe if you have one of these original 400 Reddit shirts, you could probably fence it on eBay for a few bucks, but you didn't actually capture the real value. There was tremendous value in being one of those early adopters and signing up to say, yes, I am a part of this. I want you to believe.And everything I see play out, even the most basic profile pic project, is a reminder that this is like the core atomic unit of building community online. And I just can't help but get even more excited because the rate at which this will grow is... it is hard to overstate. And even just thinking about where you all were, we were reminiscing backstage a year ago or two years ago with how far the Solana ecosystem has gone, I'm just very excited. So I'm thrilled to be announcing this fund with you. I hope we can do some amazing stuff together and fund the next generation of the social web.Raj (09:45):I think we totally will. It's totally going to happen.Alexis (09:47):Are you going to do that? Are you down with that?Raj (09:53):It's going to be incredible. I don't know if anyone was paying attention yesterday. Something interesting happens, right before Alexis and I went onto a... I think it was Fortune interview to talk about this... or Forbes, one or the other, to talk about this fund, I had gone on Twitter... GM everyone, by the way. GM.Alexis (10:20):Yes. Good morning.Raj (10:22):So someone who happens to be a good friend of mine, Sam Lessin, he used to run product at Facebook. I've known him for 10 years. He's the first person I've seen negatively respond to the idea of us all saying GM in crypto. And we all love GM. It's just good vibes, right? And so I went on Twitter and I said, "I'll kill you." But this wasn't me threatening Sam. I've known him for 10 years. We trust each other. Sam talks a lot about how... he was in the room when Venmo made the trust feature. I should be able to trust Alexis to be able to take as much money from me as he wants. We have a relationship. We should be able to flag that, right?All these little features, the nuances of how we connect with one another and how we trust each other and how we have relationships should be reflected in social. But right now there's only little pieces and it's the pieces that happened because one platform that becomes monolithic decides which features it's going to differentiate on. And so, yeah, I guess I should have expected this, and my comms people tell me that I should have expected it, but I got suspended on the first day of Breakpoint. And it was actually amazing because I'm super addicted to Twitter. This is the first time I've spent 24 hours not on Twitter in probably years.Alexis (11:44):Jack just wanted you to have a respite from [crosstalk 00:11:47].Raj (11:46):Jack's a meditator. He wanted me to just meditate on my feelings and beliefs and my actions, and I did. Just another point on this, it was a joke. It was a reference to this Costco founder who, when the CEO talked about increasing the cost of hot dogs, he said, "I will kill you." So this was sort of two ideas to get other in one tweet. There's a lot of nuance, like I said, in social. Sam and I know each other, so of course I would never kill him. And also if you know this joke, it's the idea that there are some things that are sacred, that are positive, that are inherently good. Like a chief hot dog for everyone that comes into Costco is like part of their belief system. GM is like part of our belief system. We should wake up every morning and talk to each other with good intentions. And if you're going to threaten that, I will kill you, right? And that joke...Alexis (12:47):Like a Costco hot dog.Raj (12:49):Like a Costco hot dog. And that joke, Twitter doesn't get it. The rules don't get it. It's going to be hard to regulate these things and moderate these things. But when all of it comes from one place, we just see that nobody's happy. Jack's not happy with the rules that he's been forced to put in place, which is why he's deciding to turn Twitter into a decentralized protocol. I think my fear, and I don't know if you agree, but Facebook's going to do the same thing. And Reddit's going to do the same thing. Everyone's going to do the same thing, but these things happen pretty slow, and there's opportunity to build from all directions. It doesn't have to be the old social platforms converting. We can build new ones and it doesn't have to be competition and it doesn't have to be winner take all.There will be hundreds of successful social media companies that are protocols and clients to those protocols, and choices will be made in programmable, modular ways between communities, just like Subreddits do that in certain ways. But it'll be much more fluid and we'll be able to govern these rules. I kind of see this pretty clearly, but I only see like maybe five or 10 companies trying it and building it. There should be 100. There should be 100 like tomorrow. So as we were talking with this reporter yesterday, it was a flurry of thesis. And even backstage, we just couldn't stop talking about all the ways that this future is going to happen. And I think it's going to happen quickly. And I realized $50 million is not that much for the number of teams and stabs at this problem that I think can happen in the next 12 months. So we're going to increase it to a $100 million.Alexis (14:31):That's right. See that, we lured you in with the 50. Surprised you with the hundo. And look, this is real. Normally, incumbents have had, and Zack has taken full advantage of this, incumbents have had a huge unfair advantage with the distribution. As social evolved, Facebook can gobble up, Instagram can gobble up, WhatsApp can get the economies to scale that distribution. But I would argue in Web 3.0 it's actually a liability because the intention with which you're building these new protocols and these new communities starts from the very beginning. It seeds the foundation of how people think about the platform. And the baggage of Web 2.0 infrastructure and the Web 2.0 precedent is that you're ultimately just harvested for an advertiser. And that factors into product decisions. That factors into design decisions.And what's really exciting is that there's a whole new slew of founders who have a chance to jump into a very energized community and actually start building something with a very different business model in mind and very different product instincts and very different design focus, and that's compelling. And I think we could see new platforms emerge very fast. We talked about Discord backstage and how... 2015, I think, I first started noticing them on the sidebars of gaming communities on Reddit and I thought, damn, they're onto something here. And as someone who's suffered through TeamSpeak, it was like, okay, clearly there's got to be a better way. But that was five years now, six years now Discord is the dominant platform for all the real-time conversation around NFTs and a lot of things in crypto. But that window for a new platform to emerge keeps getting smaller and smaller. It keeps moving faster and faster, and we haven't even seen what happens when people build this way first.Raj (16:33):Totally. Yeah, the cycles are getting faster. And we don't have to wait. And I think even just the rise of Solana and the cycles in the blockchain industry have been getting faster. And a lot of folks are surprised by how much and how fast so Solana has grown. I think this next wave of companies are going to get to a billion... we set it at the top of this whole conference, a billion users. And we didn't set a timeline. We set as fast as possible. I think it could happen in 12 months, 18 months. It's very feasible if we build that future. And I think it'll happen in waves. Applications protocols will be quickly saturating to a billion, 4 billion users in rapid succession because it doesn't have to be a competition of a monolith against another. It's just ideas and changes and protocol shifts and forks that can propagate very quickly.So I think this future's going to be happen very quickly and it's all connected. This is why we wanted to have Solana be one giant global state machine. A lot of people call it monolithic. Yeah, it's monolithic. That's the point. It's all one computer that we can build all of this together on because if you saw... I realized a lot of people miss some of the best talks here, but Jules Urbach from Render is making a photorealistic metaverse. We will be able to connect these social protocols to that rendering engine and we will be living in the metaverse faster than anyone thinks. It's going to happen.Alexis (18:04):And when that user experience hits, it will hit. In 16 years of designing product, of investing in product, I keep coming back to great user experiences, almost always end up winning. And that's broadly defined. That's the literal user experience as well as the figurative. How does it make customers or users feel? And what's exciting is we can do things on Solana that... and I'm not a maximalist in any regard. You'll see me, I'm very pragmatic on this stuff, but we can do things on Solana that just make so much more sense to create that amazing user experience that people have come to expect. And that's it at the end of the day. That's what wins. And you tie that in to being able to actually own the content you create and actually get rewarded for things like community building. It's going to be exhilarating.The second wave, Web 2.0, whatever we're calling it, I really believe it's going to look like this transition period, almost a bleep in the internet where we first got online, everyone's on the World Wide Web and we were making our geo cities' websites and just trying to build for what was largely a pretty read-only internet. And it's so obvious to me, even in these last few years now coming out of the crypto winter, that this era we're in now is going to define, really define the internet as we know it. And when I'm explaining to my daughter about these phases of the internet, she's going to look at me and be like, "Wow, dad. You played all those video games without being rewarded for any of your time or effort." And she'll be shocked. She'll be shocked that I bought things on the internet that I didn't really own. She'll be shocked that so many of the things that are really some of the most valuable work online, whether it's content creation or curation or community building weren't rewarded in any way, shape, or form.Alexis (20:07):It will seem like this weird, dismal, brief period of the internet. And I think we'll all be better off for it, ultimately, but I'm just excited to see what people build because we're all still in the very early days where we're actually just trying to take better versions of what we've known for Web 2.0, and I think things level up once we get out of that mindset and then eventually start building the things with a first principled look at what Web 3.0 really can unlock. But I'm already excited for this stuff that's coming, which is why we're going to put $100 million towards funding it.Raj (20:43):You know what else we should do is make sure the app stores allow NFTs and tokens. Are we really going to hold this back at the...Alexis (20:54):The good news is, look, Epic on the one hand has been fighting the good fight and on the other, not so much, but momentum here is on our side in a world where I know most of you all are probably default skeptical of regulators, which is a fine thing to be. I really do think though that the principles of what is getting built now are so aligned with the average person, with the consumer. And I still do believe that those people are represented by people in government who are at the end of the day beholden to the voters.I do think the more that we can tie the relevance and the value of crypto to the average American, especially beyond our initial early adopter community, the more we can make crypto a big part of people's lives, the better, because that ultimately is going to put leverage on the couple of monopolist or duopolist with their app stores. And I think it's still one of the strongest leverage points we have, which is it's just not good for consumers to have one of two app stores to choose from, and both that are pretty egregious in what they charge and the control they have.Raj (22:05):It's clear that social media affects government. It affects political movements. It's just very clear all of us. And I think one of the things that I always have tried to do, building products where people are taking on social behaviors, connecting is replicate what they're already doing, but do it in a positive way. I think you did that really well with Reddit. Focusing on upvotes, focusing on content creation and elevating each other and our creations and our content. And I'm curious, do you have any ideas about how the types of forces that have coalesced political movements in social media might be reflected in this next Web 3.0 Version of social media?Alexis (22:48):I really do think we're seeing some really interesting types of governance emerge. Look, for those of us, whether we're in European democracies, American democracies, these are global democracies, we ostensibly like these ideas of everyone gets a vote. And what's interesting now is you're even seeing what some of the recent ENS stuff and some of this... Just even the concept of vote delegation, being something that is getting more normalized. What I love about Web 3.0 broadly is we get a chance to think about, from first principles, how we can architect better and more representative systems. And so on the one hand I'm like, would I ever delegate my vote for a president of the United States? Would I ever delegate my vote for some company I'm a shareholder of? Maybe not, probably not, definitely not. There's a spectrum of answers to that. But what we get to build is whatever we think is the best tool for the job and then the broad market basically decides, okay, this is what wins.And this kind of experimentation, I think, tends to be among the most, or will ultimately reward the most egalitarian way possible because it's not controlled as basically every institution has been from the top down for so long. So I do think there is this pretty strong streak throughout the crypto community that almost by definition is built in opposition to institutions that have had top-down authority and plenty of times abused it. So I think when you combine community and capital, which we're seeing play out right now, really surreal things happen. And WallStreetBets is probably the most visceral example that I get asked about all the time back in the states. But that's one example of many where you are seeing a power shift from the traditional top-down structures to the bottom-up, where it's people who are connected online able to communicate in real time, at scale, for free, essentially, and now able to also move dollars. And even though those dollars individually may not be that much, in aggregate, especially when coordinated, can move markets, can shift all kinds of things. This is the experimental phase of it so I'm excited to see what's to come.Raj (25:16):The word delegation, I think, that I heard there is so important because delegation is happening, like you said, every day in crypto. We delegate to validators. In Solana there are stake pools and there's nested delegation that can happen. And our representative democracy is a delegation of responsibility and decision-making authority. But there are really only a few ways that you can do it and a few bodies that you delegate to and a few people. And then you mentioned this idea of would I delegate my presidential vote? Maybe not that one, but there's probably 100 offices that we're voting for. Right now we just go one side of the ticket. That's a pretty dumb way to do it. Not everyone's doing their research.Alexis (25:59):This is the opening of a lot of doors for a lot of people because with all the progress that we have made so far, we are still a pretty insular community. We are all still early. Just being here means you are in a very, very select group. Congratulations, you're going to make it. You're among the earliest adopters. Yes. It's true. And so you're among the earliest adopters of something that I... I've been on record. I was on Rogan CNBC 2014 saying that I was cautiously optimistic about crypto because it just felt like, no, this is too good to be true. Somehow it's going to get screwed up, someone's going to mess it up. But I've gone from that to pretty irrationally exuberant now in the last year. It now feels inevitable. And so everyone who is here, you are among the earliest adopters for this. You all have a mindset shaped by being immersed in this space for a little while now.There is a whole world, the vast majority of people still have not even started to think about the world the way that we do now by default. And that is going to unlock even more creativity and even more motivation and even more energy. And I'm excited to see that. And I encourage you, please, go out of your way to find people in your immediate community. Your friend group's an easy place to start. Don't be that person who just at every dinner just keeps talking about crypto, but please create this to be as welcoming and open as possible, because that is actually the long-term greedy move to make, because the faster that this adoption spreads beyond the early adopters in tech, especially the dudes who tend to look like me, the faster that this actually comes to fruition, and the more powerful it actually is.Alexis (27:54):And I'm excited because we get to rethink so many systems. And because finance is tied intrinsically into this, it means rewarding people for work, for effort, for creativity that historically have not been. And I get excited about that because selfishly, I just want better stuff. And so whether it is better democracy, whether it is better art, whether it's better social networking, we will get to see a flourishing, a literal Renaissance happening because of what is getting built here. And that is an amazing thing to be a part of because there will not be another time like this.Raj (28:31):There won't be. That's awesome, man. This is so cool. Look, I just want to close on one note. The one thing that came out of yesterday was this idea of #freeraj, which I love, but I'm back now. And so I don't need to be freed, but I do need to be freed from centralized social media. I want to get off Twitter. I want to get off. Help me do that. Build the next Twitter, build the next Facebook, build the next Instagram. I'm going to have a special prize for whoever helps me get off and delete my accounts from those centralized services.Alexis (29:16):Oh, the bounty is out there. I love it. Right on.Raj (29:20):You can come hang out with me and Alexis. Dude, thank you so much for coming, Alexis. This has been phenomenal.Alexis (29:25):Thank you.Raj (29:25):And I think we have many more great conversations to come and so many teams are going to form. It's going to be truly wonderful. I can't wait to do this with you. And thank you for committing capital and your time to these builders. It just means the world. Thank you.Alexis (29:37):I'm excited. Very grateful. Very grateful you all.
Hi everyone - we're excited to bring you Sahil Lavingia, author of the upcoming book "The Minimalist Entrepreneur". His book comes out late October, so we'll be among the first to hear him speak! Here's what people are saying about his book: "Sahil knows not. He knows what not to do, what not to follow, how not to waste, and how not to get caught up in the hype. What's left is the yes - the stuff that really works, the things that actually matter. It's all in this book, and much of it only in this book. Pay attention." --Jason Fried, cofounder of Basecamp and coauthor of Rework “In a world where things have become grossly overcomplicated, The Minimalist Entrepreneur teaches us how to strip away the unnecessary and do more with less. Sahil has a profound understanding of the power of community and how to build a business with intention, which makes this book a must read for any aspiring founder.” --Alexis Ohanian, Founder, Seven Seven Six and Former Executive Chair, Reddit Bring your founder and budding entrepreneur friends to this event! I'm sure there will be lots of great lessons for all product people.
Facebook has changed its company name to Meta. The new name reflects the company's growing ambitions beyond social media and into a more virtual world. Alexis Ohanian, founder of VC firm Seven Seven Six and former executive chairman of Reddit, discusses Facebook's name change and plans for the metaverse. Alexis also spoke with Eclipse CEO Aylon Steinhart to discuss the plant-based ice cream company's rapid growth. Treasury Secretary Janet Yellen says the Biden administration's infrastructure spending proposal will lower inflation by reducing costs vital to households. Yellen also told CNBC that the $1.75 trillion framework for President Joe Biden's climate and social spending priorities is “fully paid for”. Plus, In this episode:Alexis Ohanian, @alexisohanianAylon Steinhart, @AylonSteinhartBecky Quick, @BeckyQuickJoe Kernen, @JoeSquawkAndrew Ross Sorkin, @andrewrsorkin
Alexis Ohanian, Founder and Former Executive Chairman of Reddit and VC firm Seven Seven Six, and Tiffany Zhong, Founder and CEO of Islands join forces to create your go-to NFT podcast. In this episode, we start with the question of the hour: What are NFTs and why do we love them? You'll hear things like why Twitter has become a zoo, and why NFTs could be the future trust fund. Alexis tells us stories of his younger days at Reddit and compares it to the growing NFT world. Tiffany keeps us updated with everything new and trendy in the space. Throughout the episode, you'll have many "ooh" and "ahh" moments and learn, and laugh a lot (we hope!). By the end, you'll be on the edge of your seat waiting for the next episode. But it's Probably Nothing. Sit back, relax, and enjoy our first episode!
I've known Alexis Ohanian for almost fifteen years, ever since we were in the trenches together as part of the first Y Combinator cohort. He is best known as the co-founder of Reddit, a fellow former partner at YC, and the founder of his new venture fund, Seven Seven Six. Alexis and I became close friends during our time at YC together, and I witnessed the trials and tribulations he went through while building Reddit first-hand. I've had the pleasure of watching my friend grow into a great founder, leader, investor, and parent. In this episode, Alexis opens up about his personal struggles during the early days of Reddit, the challenges of modern parenthood, and the philosophy behind Seven Seven Six. I really appreciate Alexis for being so vulnerable in this episode, and I think it is a powerful message that all founders need to hear. Follow Alexis on Twitter here, and find out more about Seven Seven Six here. Enjoyed this episode? The incredible stories on this podcast are made possible by our sponsors, check them out to support The Quest Pod:Universe | The best mobile command centre for building your online business and content.Cashapp | Spend, save, invest in stocks and cryptocurrency easily
Talent intelligence platform provider Eightfold AI, which helps enterprises recruit the right talent, has raised $200M in Series E round led by SoftBank Vision Fund 2. With this round, its total funding goes over $400M, and valuation shoots up over two times since it achieved a $1B valuation and unicorn tag during its Series D funding last October.Time is Ltd, a SaaS provider for improving workplace productivity and collaboration within teams, has raised $5.6M in a late seed funding round led by Mike Chalfen and others. Ulf Zetterberg will now join the startup as president and co-founder. SurveyMonkey is rebranding itself as Momentive, an agile experience management company. Momentive will allow decision-makers to respond with speed and agility by using SurveyMonkey's experience. IBM, KLM, LG Electronics, Nasdaq, and PUMA are among the company's 8,800 enterprise customers. The company's wholly-owned subsidiary, SurveyMonkeys Inc., will begin operating under the name Momentive Inc. in 2021.PostHog, an open-source product analytics provider, has raised $15 million in a Series B round from Y Combinator's Continuity Fund and GV, Google's venture capital division. The firm said that the funds would be used to meet increased demand for its product, with ambitions to quadruple its personnel by the end of this year and then again by 2022.Osome, a digital business assistant, has raised $16 million in a Series A funding round. Target Global, AltaIR Capital, and Phystech Ventures were among the returning investors; new investors include S16VC and venture capitalist Peng T. Ong, who joined as an angel investor. Its Series A will be utilized to expand internationally and integrate products. Yousign, a provider of electronic signatures, has secured $36.6 million (€30 million) in a Series A fundraising round headed by Lead Edge Capital. Yousign intends to compete in Europe with DocuSign, Adobe Sign, SignNow, and HelloSign, all located in the United States. In 2020, the business grew from 35 to 120 employees.Balderton Capital, the European VC firm, has launched its dedicated growth fund of $680M to help tech companies emerging out of Europe. The launch comes amid its predictions of $50 billion growth potential in Europe over the next three years. It will invest in about 15 companies, both in primary and secondary investments, ranging between $25 to $50 million in each. Recorded Future, a threat intelligence organization, is launching a $20 million Intelligence Fund. Startups who have already obtained venture capital investment will be eligible for seed and Series A investment from the fund. Insight Partners, a private equity fund, bought Recorded Future in 2019 for $780 million.TestBox, the startup which helps enterprises solve software buying problems by aiding in decision-making through its product, has launched its product today, raising a $2.7M seed fund from SignalFire, Firstminute Capital.Seven Seven Six, a venture capital firm, has announced that it has raised $150 million for its first fund, said its founder Alexis Ohanian. Seven Seven Six has equity and inclusivity in its DNA. Women make up half of the firm's limited partners, while Black or indigenous people make up 15%. One distinguishing feature of Seven Seven Six is introducing a 2% “Growth and Caregiving Commitment.”Slintel, a buyer intelligence platform, has netted $20M in a Series A investment led by GGV Capital amid a rapidly increasing digital transaction in B2B businesses. Slintel's tools, with the help of data, helps businesses understand buyer intelligence. It aims to emerge as a leader in this market.Fuel Ventures has announced an early-stage VC fund to invest in 60 tech companies in the UK, having high-growth potential, in the next 12 months. Since its founding in the UK, Fuel Ventures has focused on technology companies, marketplaces, SaaS startups, and platforms, identifying investments in seed and growth stages.
Katelin is passionate about helping founders build scalable, diverse, and inclusive cultures. First introduced to the notion of intentional cultural development at Pixar Animation Studios, she studied alongside some of the most brilliant creative business minds of this generation. From there, she spent a decade building teams as a senior executive at some of the internet's most influential startups, including Klout and Reddit. In early 2020, Katelin made the leap from operator to investor, supporting a new generation of leaders. Through the course of her career, the one common denominator remains: enabling people through belonging to create beautiful, innovative products that move the world. Katelin is currently a Founding Partner at Alexis Ohanian's venture capital firm Seven Seven Six, where she invests in people-first companies and manages the firm's programs, including the 2% Growth & Caregiving Commitment and Operator in Residence Program. She is deeply committed to helping founders and the broader venture ecosystem evolve their diversity, equity, inclusion & belonging practices, creating new opportunities and access to wealth for people and products typically underrepresented in the tech industry. As an investor, she is passionate about supporting the companies that will shape the future of work, life, sustainability, and the delicate balance that enables us to thrive. ask is made by @shanemac @mikelellcessor & Paul Chuffo at Joyride Media Key Seven Seven Six Initiatives referenced in the show: 2% Growth & Caregiving Commitment: https://www.linkedin.com/posts/sevensevensix_at-the-early-stage-founders-are-their-startups-activity-6733061139955011584-tZzB Operator in Residence Program: https://www.sevensevensix.com/news/announcing-our-2021-operators-in-residence Twitter thread from @Intentionaut: https://twitter.com/Intentionaut/status/1386746223709806593?s=20
This morning Metafy, a distributed startup building a marketplace to match gamers with instructors, announced that it has closed an additional $5.5 million to its $3.15 million seed round. Call it a seed-2, seed-extension or merely a baby Series A; Forerunner Ventures, DCM and Seven Seven Six led the round as a trio. Metafy's model […]
This morning Metafy, a distributed startup building a marketplace to match gamers with instructors, announced that it has closed an additional $5.5 million to its $3.15 million seed round. Call it a seed-2, seed-extension or merely a baby Series A; Forerunner Ventures, DCM and Seven Seven Six led the round as a trio. Metafy’s model […]
Founder of Seven Seven Six, Alexis Ohanian is married to one of the world's greatest athletes, Serena Williams. So when she told him he worked even harder than her, he took it as a compliment. But he quickly realized it wasn't. He was falling prey to "hustle culture," trying to stay as busy as possible, and he was risking burnout. He shares what the pandemic has taught him about mindfulness, parenting, and setting boundaries.
Alexis Ohanian is best known as the co-founder of Reddit. But his impact goes far beyond the iconic website. He was an early stage investor in Coinbase, a partner at Y combinator, and is now the founder of new investment fund, Seven Seven Six. In this special episode, Alexis grabs virtual coffee with Kristen Durham, VP of Startups at Zendesk. He shares all things entrepreneurial, including: The power of community-driven startups How companies born in the age of social media stand out His lightbulb moment at Waffle House
Audio ve video kayıt platformu Riverside.FM, Reddit'in Kurucusu Alexis Ohanian'ın Seven Seven Six yatırım fonundan 9.5 milyon dolarlık yeni bir yatırım aldığını duyurdu. Yapılan basın duyurusunda Alexis Ohanian'ın başı çektiği yatırımda Zeev Ventures, Casey Neistat, Marques Brownlee, Guy Raz, Elad Gil, Alexander Klöpping, ve diğer stratejik yatırımcıların da yer aldığı belirtilmiş.
ActiveCampaign raises $240M at a $3B valuation as marketing and sales automation come into focus for Small and medium businesses. The round was led by Tiger Global, with participation from another new backer Dragoneer, along with Susquehanna Growth Equity and Silversmith Capital Partners. This funding round represents a huge leap for ActiveCampaign.Fraud prevention platform Sift raises $50M at over $1B valuation. Insight Partners led the financing, which included participation from Union Square Ventures and Stripes. Sift was founded out of Y Combinator in 2011, and has raised a total of $157 million over its lifetime. Sift uses machine learning and artificial intelligence to automatically surmise whether an attempted transaction or interaction with a business online is authentic or potentially problematic.E-commerce tracking platform AfterShip raises $66M in SeriesB. This was led by Tiger Global, with participation from Hillhouse Capital's GL Ventures. The company's software enables sellers to track shipments made through more than 740 carriers and handles more than 6 billion shipments each year.Podcast recording platform Riverside.fm raises $9.5M. The round is led by Seven Seven Six. Riverside.fm is a remote video and audio platform that records lossless audio and 4K video tracks remotely to each user's system, saving the end result from the kind of technical hiccups that come with spotty internet connections. The company says it plans to use the money to increase headcount and build out more features for the service. BigID boosts Series D to $100M at $1.25B valuation, With $30M extension. The investment comes from private equity firm Advent International, and brings the total raised to more than $200 million across four rounds. The late-stage startup is attracting all of this capital by building a security and privacy platform.
Today we have a guest who is building the infrastructure for a new asset class – sports cards.Leore Avidar is a visionary founder who is building a ground-breaking company, Alt, which is backed by Alexis Ohanian and Seven Seven Six, as well as First Round Capital, Addition, SV Angel, Box Group, and Kevin Durant's Thirty Five Ventures.Alt is on its way to changing how we think about investing. This was such a fun conversation. We talked about: How Leore's experience and excitement for building infrastructure has dovetailed with his passion and love for sports and collecting cards. How he's building the future of the sports card market with Alt by creating the tools and infrastructure enable people to value, trade, and store their investments How cards can be a tool to connect different generations through financial literacy. How culture can become a financial asset. Alt is the culmination of his experiences working on Wall Street as a trader to working on the API economy at Amazon Web Services to making direct mail programmable at Lob. He's building the infrastructure - much like Coinbase has done in crypto - for the world of alternative investments and specifically trading cards. As we've seen the development of market structure in other asset classes like public equities, fixed income, crypto, etc, it will only be a matter of time before we have a similar evolution in the alternatives and collectibles spaces and Leore is right at the forefront of this curve. Card collecting and investing is on a tear - 2020 and early into 2021 saw sales of sports cards at public auction reach all-time highs. Leore has built out an incredible team and vision to build the platform at the epicenter of this market - and he's also built out a fund, Alt Fund, to invest into top cards.He's leveraging his deep background in the space, having invested in sports cards for 5 years and generated returns that best many hedge fund and VC managers over the same time period. And most of all, he's a company builder who combines the best of a visionary founder who sees markets before they develop with the ability to execute and ship product. He's also the founder and CEO of Lob, a highly successful Y Combinator-backed company.Today's podcast felt like we were peering into the future of what financial markets will look like. Thanks Leore for giving a glimpse of what's to come.I hope you enjoy.
After the pandemic ushered in years of digital change virtually overnight – rendering entire parts of the economy obsolete – are Zoom meetings here to stay? Margaret Brennan talks with Reddit co-founder Alexis Ohanian. His venture capital firm Seven Seven Six is making bets on the future while also looking after its employees.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
''To be a great venture investor now, going forward is going to need a certain amount of geographic agnosticism'' says Alexis Ohanian, co-founder of Reddit & Seven Seven Six. Attending virtually at the 2021 Asian Financial Forum , Ohanian provided an overview of the mid-pandemic investment landscape, while sharing his experience of venture investment and discussing the shifts in investment priorities and the challenges emerging in the wake of the COVID-19 pandemic.