Alexis Ohanian is, without a doubt, one of the most successful entrepreneurs in the U.S. today. With a net worth of $150 million, he’s widely known for his tech investments-but in recent years, he’s turned his attention to women’s sports. And just days ago, he revealed the secret behind his success.
Ohanian co-founded Reddit in 2005 alongside Steve Huffman and Aaron Swartz. In 2020, he stepped down from the company’s board following a disagreement with his partners, though he still retains shares. Since then, the entrepreneur and philanthropist has channeled his focus into ventures like Coinbase and his own venture capital firm, Seven Seven Six.
His investments now reach well beyond Silicon Valley. Serena Williams’ husband has bought stakes in teams such as Angel City FC and Chelsea Women, emerging as one of the most vocal champions of women’s sports. And if you’ve ever wondered how he decides where to place his bets-he recently spilled the answer himself.
Ohanian’s secret sauce
An avid social media user, Ohanian regularly shares snapshots of his life-and gems of entrepreneurial wisdom-on X (formerly Twitter) and Instagram.
In a recent post, he wrote:
“The biggest secret I’ve learned about creating billion-dollar companies is that the best ideas look like bad ideas at first. If everyone agrees with you, you’re late.”
It’s a bold mindset that he’s clearly lived by. A few years ago, Ohanian launched Athlos, a women-only track and field league. Within months, the league attracted elite athletes and packed stadiums-defying expectations in exactly the way Ohanian prefers.
And to the haters…
The path hasn’t been smooth. From skeptical experts to vocal online critics, Ohanian has faced his share of resistance. But he hasn’t forgotten the doubters.
In a follow-up tweet, he wrote:
“And don’t worry, I save alllll the hater tweets when I announce anything new… Angel City FC, LAGC, Athlos… y’all give life.”
Spoken like someone who thrives on beating the odds-and isn’t afraid to remind the world exactly how far he’s come.
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