Co-Founder and Executive Chairman
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CEO and Co-founder
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Former CEO
Engineering Manager, Machine Learning
VP of Product Management
VP of Product
Chief Product Officer
Security Engineer
VP of Core Product Experience
VP of Consumer Product
The internet was created to connect us, yet many people feel more alone than ever. Reddit cofounder and CEO Steve Huffman explores how social media rewards performance over participation — and offers a timely case for an internet built like a city, with thriving online "neighborhoods" that make space for real human connection. Ready to find your community? Hosted on Acast. See acast.com/privacy for more information.
Vishal Gupta, engineering manager, machine learning at Reddit, joins the podcast to explain how the social media community platform uses artificial intelligence to improve user experience and ad relevance. Much of the advertising work relies on increasingly sophisticated recommender systems that have evolved from simple collaborative filtering to deep learning and large language model–based systems capable of multimodal understanding. Vishal and Sam also explore the philosophical and ethical aspects of AI-driven platforms. Vishal emphasizes the importance of balance — between exploration and exploitation in recommendations, between advertiser goals and user experience, and between human- and machine-generated content. He argues that despite the rise of AI-generated material, authentic human conversation remains vital and even more valuable as models depend on it for training. Read the episode transcript here. Guest bio: Vishal Gupta is a seasoned engineering leader who leads multiple artificial intelligence and machine learning teams at Reddit in the ads domain. He has a decade of experience working on cutting-edge machine learning techniques at companies like DeepMind, Google, and Twitter. Gupta is passionate about applied AI research that significantly contributes to a company’s top and bottom lines. Me, Myself, and AI is a podcast produced by MIT Sloan Management Review and hosted by Sam Ransbotham. It is engineered by David Lishansky and produced by Allison Ryder. We encourage you to rate and review our show. Your comments may be used in Me, Myself, and AI materials.
Live from YPO’s Global Entrepreneurship Summit, Ed sits down with Reddit co-founder and CEO Steve Huffman. They discuss the company’s IPO journey, his unique approach to investor relations, and how Reddit navigates the complex world of content moderation. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Vishal Gupta is the co-founder and CEO of TrueX — a new stablecoin-native trading platform. In this episode, Gupta unpacks how TrueX aims to provide a "stablecoin-native" trading experience with segregated custody, primarily targeted at institutional clients in the United States. OUTLINE 00:00 Introduction 04:50 TrueX Overview 11:13 Exchange Innovation 14:42 Institutional Client Trading Needs 17:52 Stablecoin Collateral 19:21 TrueX Matching Engine 23:11 Segregated Service Offerings 25:52 TrueX Funding 27:41 Broker Adoption 31:06 Crypto's Credit Market 33:51 True Markets Roadmap 35:50 Closing Thoughts This episode is brought to you by our sponsor Polkadot Polkadot is the blockspace ecosystem for boundless innovation. To discover more, head to polkadot.network The Block Community The Block is launching a new community experience for fans of The Scoop! Follow us on Lens to stay in the loop: hey.xyz/u/theblockcommunity The Block Newsletters The Block's newsletters bring you the latest news and analysis of the fast-moving crypto and DeFi markets. To subscribe, visit theblock.co/newsletters
Steve Huffman, co-founder and CEO of Reddit, joins host Reid Hoffman to share scale lessons from building one of the internet’s most influential platforms. It took nearly two decades for Reddit to reach its IPO, persevering through ownership changes, swings in popular sentiment, and shifts in the site’s identity. Steve guides Reddit with a deep belief in the power of online communities, and he dives into how he tackles challenges – like AI and misinformation – while staying true to Reddit’s values. Read a transcript of this episode: https://mastersofscale.com Subscribe to the Masters of Scale weekly newsletter: https://mastersofscale.com/subscribe Synthetic voiceover of Reid Hoffman used in this episode was produced by Respeecher with full consent and permission. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
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?
Reddit has been around for 19 years, but today the social media platform goes public and starts a new chapter. Its listing on the New York Stock Exchange also marks the first major social media IPO since 2019. Kara speaks to co-founder and CEO Steve Huffman about money, content moderators and whether the subreddit r/WallStreetBets could make this one a meme stock. Questions? Comments? Email us at on@voxmedia.com or find us on social media. We’re on Instagram/Threads as @karaswisher and @nayeemaraza Learn more about your ad choices. Visit podcastchoices.com/adchoices
This Week in Startups is brought to you by… Vanta. Compliance and security shouldn't be a deal-breaker for startups to win new business. Vanta makes it easy for companies to get a SOC 2 report fast. TWiST listeners can get $1,000 off for a limited time at https://www.vanta.com/ NetSuite. Once your business gets to a certain size the cracks start to emerge. Things you used to do in a day take a week. You deserve a customized solution - and that's NetSuite. Learn more when you download NetSuite’s popular KPI Checklist - absolutely free, at http://www.NetSuite.com/twist Scalable Path. Want to speed up your product development without breaking the bank? Since 2010, Scalable Path has helped over 300 companies hire deeply vetted engineers in their time zone. Visit https://www.scalablepath.com/twist to get 20% off your first month. * Todays show: Jason talks with Reddit co-founder Alexis Ohanian about their pending IPO (2:48), advice he tells young people starting out at his firm (13:51), then Ron Biscardi discusses the future of the iConnections conference (47:01), and more! * LINKS: Check out Reddit: https://www.reddit.com/ Check out iConnections: https://iconnections.io/ * Follow Alexis: X: https://twitter.com/alexisohanian LinkedIn: https://www.linkedin.com/in/alexisohanian/ Follow Ron: X: https://twitter.com/rbiscardi LinkedIn: https://www.linkedin.com/in/ron-biscardi-79063/ Follow Jason: X: https://twitter.com/jason Instagram: https://www.instagram.com/jason LinkedIn: https://www.linkedin.com/in/jasoncalacanis * Thank you to our partners: (11:48) Vanta - Get $1000 off your SOC 2 at https://vanta.com/twist (22:19) NetSuite - Download your free KPI Checklist at http://www.NetSuite.com/twist (32:42) Scalable Path - Get 20% off your first month at https://www.scalablepath.com/twist * Check out the Launch Accelerator: https://launchaccelerator.co * Check out Founder University: https://www.founder.university * Subscribe to This Week in Startups on Apple: https://rb.gy/v19fcp * Great 2023 interviews: Steve Huffman, Brian Chesky, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland * Check out Jason’s suite of newsletters: https://substack.com/@calacanis * Follow TWiST: Substack: https://twistartups.substack.com Twitter: https://twitter.com/TWiStartups YouTube: https://www.youtube.com/thisweekin Instagram: https://www.instagram.com/thisweekinstartups TikTok: https://www.tiktok.com/@thisweekinstartups * Subscribe to the Founder University Podcast: https://www.founder.university/podcast
Democracy is challenged, at home and abroad, and at least some of this blame falls on “Big Tech.” Kara talks to Alexis Ohanian, Reddit co-founder and venture capitalist, and Deb Roy, the director of the MIT Center for Constructive Communication, about how we got here and what some potential solutions are. Stick around after the interview to hear Kara and Nayeema discuss the ethics of stapling bread to trees. This episode was recorded live at the University of Virginia’s Karsh Institute for Democracy’s Democracy 360 event on October 17th. Questions? Comments? Email us at on@voxmedia.com or find us on social media. We’re on Instagram/Threads as @karaswisher and @nayeemaraza Learn more about your ad choices. Visit podcastchoices.com/adchoices
This week, we’re joined by Ron Perris, a Security Engineer at Reddit and software security enthusiast. Together, we dive into best practices and common pitfalls, covering topics from dangerous URLs to JSON injection attacks. Tune in for an educational conversation, and don’t forget to bring your notebooks! Join the discussion Changelog++ members get a bonus 4 minutes at the end of this episode and zero ads. Join today! Sponsors: Convex – Convex is a better type of backend — the full-stack TypeScript development platform that lets you replace your database, server functions, and glue code. Get started at convex.dev Appwrite – Build Fast. Scale Big. All in One Place. Appwrite is a backend platform for developing Web, Mobile, and Flutter applications. Built with the open source community and optimized for developer experience in the coding languages you love. Changelog News – A podcast+newsletter combo that’s brief, entertaining & always on-point. Subscribe today. Featuring: Ron Perris – GitHub, X Amal Hussein – GitHub, X Christopher Hiller – Website, GitHub, Mastodon, X Show Notes: 10 React Security Best Practices Cheatsheet (by Ron Perris & Liran Tal) ZAP - the worlds most widely used web app scanner Loco Moco Security Conference in Hawai’i Node.js Ecosystem Security Working Group Node.js Security Bug Reporting Node.js Hacker One Page Node.js Third Party Labs Hacker One Page (now disabled) Python’s Advocate Library - for making secure HTTP requests on behalf of a third party DOMPurify - DOM-only, super-fast, uber-tolerant XSS sanitizer for HTML, MathML and SVG ESLint Security Plugin Content Security Policy Something missing or broken? PRs welcome!
Suchit Dash is the VP of Core Product Experience at Reddit, responsible for the surfaces that millions of users interact with daily. Prior to Reddit, Suchit was a cofounder at Dubsmash, a short video platform that was used by millions globally and acquired by Reddit in December 2020. In just 10 days, Suchit scaled the product to an immense 43M users, and gained fans such as Neymar and Jimmy Fallon. Suchit previously held roles at Soundcloud and PayPal. In Today's Episode with Suchit Dash We Discuss: 1. The Founding of Dubsmash & V1: How did the founding of Dubsmash come to be? Suchit scaled V1 of the product to 43M users in 10 days, what was the secret? What worked? What were the first signs that all was not right? How did the team respond to the realization that their retention numbers were terrible? What are Suchit's biggest lessons and pieces of advice from this massive V1 and launch? 2. Data: Retention, Cohorts and The Smiley Face: What specific data did Suchit and the team really use to understand their level of product market fit? What level of retention were they looking for? What is average, good, and great in terms of retention in consumer social? What is really important for founders to try and observe and analyze in net new user cohorts? When and why did the team start to see the hailed smiley face of consumer returning to the app? 3. Battling TikTok: Despite the resurgence, TikTok was roaring, what did TikTok do so well to take the market? How did TikTok leverage both FB and Snap's ad platform to acquire so many users so fast? What did TikTok not do well? What could they have done better? How did TikTok pay and incentivize the creator community? What are some of Suchit's biggest lessons and advice for founders battling a better-funded incumbent? 4. The Decision to Sell: Being Acquired by Reddit: Ultimately, why did Suchit decide to sell the company to Reddit? Why did the first two acquisition attempts fail? What are 1-2 of the biggest pieces of advice Suchit has for founders debating whether it is right to sell their company? What do all founders being acquired need to remember? With the benefit of hindsight, if Suchit could do the acquisition process again, what would he do differently?
This Week in Startups is presented by: Trovata. Starting up is hard. Trovata makes managing cash easy. Start automating your cash management at Trovata.io/TWIST. Use Code TWIST for 30% off one full year of premium features like AI forecasting. Embroker. The Embroker Startup Insurance Program helps startups secure the most important types of insurance at a lower cost and with less hassle. Save up to 20% off of traditional insurance today at Embroker.com/twist. While you’re there, get an extra 10% off using offer code TWIST. Eight Sleep. Good sleep is the ultimate game changer. Now you can add the Pod Pro Cover to any mattress! Go to eightsleep.com/twist to check out the Pod Pro Cover and get $150 off at checkout! * Today’s show: Reddit CEO and Co-Founder Steve Huffman joins Jason to discuss building a platform that serves Reddit's community (13:33), addresses the situation with third-party apps and moderators (35:00), and much more! * Time stamps: (00:00) Reddit CEO Steve Huffman joins Jason (2:40) The evolution of Reddit and its community (4:10) The tailwinds powering Reddit and Steve's thoughts on speech mitigation (12:00) Trovata - Use code TWIST at https://trovata.io/twist for 30% off one year of premium features, like AI forecasting (13:33) The Reddit "Keep it real" ethos and the importance of allowing open debate (17:47) Authoritarianism and challenging orthodoxies (24:29) Embroker - Use code TWIST to get an extra 10% off insurance at https://Embroker.com/twist (25:44) Steve's optimism for AI and why this is only the beginning (35:00) The response to Reddit's API use in various LLMs (37:57) Eight Sleep - Go to https://eightsleep.com/twist to check out the Pod Pro Cover and get $150 off at checkout! (39:29) Going in-depth on Reddit's situation and API history (48:03) What it comes down to for third-party apps (56:20) What changed Steve's opinion on advertising * Read LAUNCH Fund 4 Deal Memo: https://www.launch.co/four Apply for Funding: https://www.launch.co/apply Buy ANGEL: https://www.angelthebook.com Great recent interviews: Brian Chesky, Aaron Levie, Sophia Amoruso, Reid Hoffman, Frank Slootman, Billy McFarland, PrayingForExits, Jenny Lefcourt Check out Jason’s suite of newsletters: https://substack.com/@calacanis * Follow Jason: Twitter: https://twitter.com/jason Instagram: https://www.instagram.com/jason LinkedIn: https://www.linkedin.com/in/jasoncalacanis * Follow TWiST: Substack: https://twistartups.substack.com Twitter: https://twitter.com/TWiStartups YouTube: https://www.youtube.com/thisweekin * Subscribe to the Founder University Podcast: https://www.founder.university/podcast
Pali Bhat joined Reddit from Google about a year ago — he’s actually Reddit’s first-ever chief product officer, which is pretty surprising considering that Reddit is a series of product experiences: the reading experience, the writing experience, and importantly, the moderation experience. One thing we always say on Decoder is that the real product of any social network is content moderation, and Reddit is maybe the best example of that: every subreddit is shaped by volunteer moderators who use the tools Reddit builds for them. So Pali has a big job bringing all these products together and making them better, all while trying to grow Reddit as a platform. This was a really deep conversation, and it touched on a lot of big Decoder themes. I think you’re going to like it. Okay, Pali Bhat, the chief product officer of Reddit. Here we go. Links: New features aimed at making Reddit easier to use: an update on our product priorities focussed on simplification Reddit’s new features include a TikTok-style video feed Reddit is bringing back r/Place, its April Fools’ Day art experiment How to buy a social network, with Tumblr CEO Matt Mullenweg Microsoft thinks AI can beat Google at search — CEO Satya Nadella explains why AI-generated fiction is flooding literary magazines — but not fooling anyone Transcript: https://www.theverge.com/e/23390325 Credits: Decoder is a production of The Verge and part of the Vox Media Podcast Network. It was produced by Creighton DeSimone and Jackie McDermott and it was edited by Callie Wright. The Decoder music is by Breakmaster Cylinder. Our Editorial Director is Brooke Minters and our Executive Director is Eleanor Donovan. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Bing AI isn’t sentient. But it’s more than glorified autocomplete. How do we talk about — and understand — the power of today’s large language models? Then, Reddit’s C.E.O., Steve Huffman, on Section 230 and why the future of the internet lies with the Supreme Court. Plus: Meta is charging for blue checks. On today’s episode: Steve Huffman is the chief executive of Reddit. Additional reading: A Washington Post reporter asked Bing AI its opinion of Kevin Roose. Its response was eerie. Microsoft made changes to Bing’s chatbot capabilities after the Chatbot’s unsettling behavior with some users. The company is already loosening some of those restrictions. The Supreme Court heard a case challenging Section 230. Reddit is among many social media companies that have filed “friend of the court” amicus briefs against changes to the law. Facebook plans to sell “Meta verified” accounts. Subscribe today at nytimes.com/podcasts or on Apple Podcasts and Spotify. You can also subscribe via your favorite podcast app here https://www.nytimes.com/activate-access/audio?source=podcatcher. For more podcasts and narrated articles, download The New York Times app at nytimes.com/app. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Vaibhav Sahgal is VP of Consumer Product @ Reddit where he has been for close to 5 years. Prior to his leading consumer product, Vaibhav spent 3 years as Head of Growth at Reddit. Before Reddit, Vaibhav spent an incredible 8 years at Zynga across different roles including Director of Product and GM for "Words with Friends". In Today's Episode with Vaibhav Sahgal We Discuss: 1.) Entry into Product + Growth: How did Vaibhav come to lead some of the best growth orgs in the world at both Reddit and Zynga? What are 1-2 of Vaibhav's biggest takeaways from working with Mark Pincus @ Zynga? What is the most painful growth lesson that Vaibhav learned that he is also pleased to have learned? 2.) WTF Really is "Growth": How does Vaibhav define growth today? What is it not? How does Vaibhav fundamentally differentiate between value connection and value creation? Is growth an art or a science? What tactics have died a death? What remains stronger than ever? 3.) Hiring Your Growth Team: How does Vaibhav advise founders on when is the right time to hire their first growth professionals? Where should they sit within the org? In product? In marketing? Standalone growth team? What are the biggest mistakes Vaibhav sees founders make when hiring their first growth hires? 4.) The Interview Process: How does Vaibhav structure the interview process for all new growth hires? What are the steps? What are the must-ask questions when hiring for growth? What are good answers? How can founders use case studies and data to determine the quality of a growth candidate? 5.) The Onboarding and Integration: What is the optimal onboarding process for all new growth hires? What are signs in the first 3 days that a growth hire will vs will not work out? What can leaders do to ensure growth hires are integrated with the rest of the teams? What are the biggest mistakes founders make when onboarding growth hires? Items Mentioned in Today's Episode: Vaibhav's Favourite Book: Andrew Chen: The Cold Start Problem
Adriel Frederick is VP of Product Management at Reddit X, where he helps incubate and scale new products. He is a former Product Lead at Facebook, as well as a former PM and Director of Product at Lyft. In today’s episode, we focus on what it takes to become a better product leader. Adriel shares anecdotes from his time at Lyft and Facebook, insights about how to lead through tough times, why there isn’t an algorithmic solution to everything, why R&D teams need to be a part of the core mission, the tangible benefits of working on diverse teams, and his thoughts on the future of AI. He also introduces the concept of cannonballs, why you should focus on the marginal user, why organization and empathy are the most important PM skills, and so much more. — Find the full transcript here: https://www.podpage.com/lennys-podcast/humanizing-product-development-adriel-frederick-reddit-lyft-facebook/#transcript — Where to find Adriel Frederick: • Twitter: https://twitter.com/drellf • LinkedIn: https://www.linkedin.com/in/adrielfrederick/ — Where to find Lenny: • Newsletter: https://www.lennysnewsletter.com • Twitter: https://twitter.com/lennysan • LinkedIn: https://www.linkedin.com/in/lennyrachitsky/ — Thank you to our wonderful sponsors for making this episode possible: • Linear: https://linear.app/lenny • Flatfile: https://www.flatfile.com/lenny • Eppo: https://www.geteppo.com/ — Referenced: • Jules Walter on Twitter: https://twitter.com/julesdwalt • Jules Walter’s guest post on Lenny’s newsletter: https://www.lennysnewsletter.com/p/product-sense • Mark Zuckerberg on The Joe Rogan Experience: https://open.spotify.com/episode/51gxrAActH18RGhKNza598 • Sam Harris’s TED Talk on AI: https://www.youtube.com/watch?v=8nt3edWLgIg • Facebook’s 7 friends in 10 days: https://www.linkedin.com/pulse/how-chamath-palihapitya-dramatically-improved-user-malinda-senanayake/ • The Prize: The Epic Quest for Oil, Money & Power: https://www.amazon.com/Prize-Epic-Quest-Money-Power/dp/1439110123/ • The New Map: Energy, Climate, and the Clash of Nations: https://www.amazon.com/New-Map-Energy-Climate-Nations/dp/0143111159/ • Revisionist History podcast: https://podcasts.apple.com/us/podcast/revisionist-history/id1119389968 • Tuned In podcast: https://www.hpacademy.com/blog/tuned-in-high-performance-academy-podcast/ • Mo on Netflix: https://www.netflix.com/title/81134264 • Radiant Nuclear: https://www.radiantnuclear.com/ — In this episode, we cover: (00:40) Adriel’s background (06:13) What he does at Reddit X (07:27) Reddit X’s avatar marketplace and NFTs (08:33) Why R&D teams need to be a part of the core mission (11:12) What it’s like to be the first black PM at Facebook (14:58) How to foster diversity (19:40) Being a PM at controversial companies, and how to evaluate criticism (28:25) Adriel’s most stressful time at Lyft (30:35) The importance of operational control and what it means (32:35) Why there isn’t always an algorithmic solution to everything (37:47) Thoughts on AI (42:42) Growth hacking and algorithms at Facebook (48:18) Cannonballs in growth—fundamental changes in the product for optimization (49:07) Facebook’s “7 friends in 10 days” push (51:30) What is a marginal user, and what can you learn from their experience? (56:06) How to think about doing experiments (59:10) Why organization and empathy are the most important skills (1:02:59) Lightning round — Production and marketing by https://penname.co/. For inquiries about sponsoring the podcast, email podcast@lennyrachitsky.com. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.lennysnewsletter.com/subscribe
Alexis Ohanian is the Co-Founder of Reddit, as well as the Founder of venture capital firm SevenSevenSix. As a builder-turned-technology entrepreneur, Alexis is focused on making the world a better place through novel projects and initiatives like Coinbase, Axie Infinity, Opensea, and Riverside (which we used to record this episode!) We explore how Alexis would rebuild Reddit for Web3, and how many emergent behaviors in the early days of Reddit and the internet are surfacing again—this time, on steroids with crypto-enabled communities. Alexis is concerned with empowering the good parts about internet culture, doubling down on the importance of community and culture. Tune in for sage advice on investment insights and investor cheat codes—where are the next opportunities? Wherever they are, Alexis is sure to be found there. ------ 📣 ZERION | Trade Across 7 Networks and 500+ protocols https://bankless.cc/Zerion ------ 🚀 SUBSCRIBE TO NEWSLETTER: https://newsletter.banklesshq.com/ 🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/ ------ BANKLESS SPONSOR TOOLS: 👀 POLYGON | LAYER 2 DEFI https://bankless.cc/Polygon ❎ ACROSS | BRIDGE TO LAYER 2 https://bankless.cc/Across 🦊 METAMASK | THE CRYPTO WALLET https://bankless.cc/metamask 💳 LEDGER | THE CRYPTO LIFE CARD https://bankless.cc/Ledger 🧙♂️ ALCHEMIX | SELF REPAYING LOANS https://bankless.cc/Alchemix 🦄 UNISWAP | DECENTRALIZED FUNDING https://bankless.cc/UniGrants ------ Topics Covered: 0:00 Intro 6:00 Alexis Ohanian is Having Fun 8:57 Getting Into Crypto 16:40 Reddit and Web3 24:52 Emergent Behaviors 34:00 Rebuilding a Web3 Reddit 39:38 Internet Reputation 45:00 Permissionless Web3 53:52 What’s on the Horizon? 1:00:26 Seven Seven Six 1:04:10 The Case for Optimism 1:07:24 Closing & Disclaimers ------ Resources: Alexis on Twitter https://twitter.com/alexisohanian?s=20&t=YFn8AnfCSkaWdAxctt9QXw SevenSevenSix https://twitter.com/sevensevensix?s=20&t=YFn8AnfCSkaWdAxctt9QXw Alexis’ Art https://opensea.io/assets/0xb6329bd2741c4e5e91e26c4e653db643e74b2b19/696 ----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://newsletter.banklesshq.com/p/bankless-disclosures
Alexis Ohanian is the Founder @ Seven Seven Six, his new fund which just recently announced their first investment leading the $4M seed round for Dispo. Prior to founding Seven Seven Six, Alexis was the Co-Founder & Managing Partner @ Initialized Capital, where he backed many a unicorn including Ro, Flexport, Patreon, GOAT just to name a few. Alexis is also the co-founder @ Reddit, commonly referred to as the front page of the internet, their latest valuation priced the company at $3Bn. In Today's Episode You Will Learn: 1.) When Alexis left his L Sats to go get waffles, what did he learn about himself? How did that lead to founding Reddit? How did Reddit lead to angel investing? How did that lead to Initialized? 2.) Why did Alexis leave Initialized? Why was now the right time? What worked with Initialized that he has taken with him to Seven Seven Six? What did not work with Initialized that he has learned from? How does he view VC NPS as a result of this and the learnings? 3.) How does Alexis analyse his own relationship to money today? How did his relationship with his mother and her illness impact how he thinks about wealth and happiness? How did he feel when at 22 he sold Reddit? How does he feel about the "keeping up with the Jones'" mentality? 4.) How did having Olympia change how Alexis operates and invests today? How does Alexis define backing projects he would be proud to talk to Olympia about? How does he feel about the type of deals many investors make today? 5.) How did Alexis first meet PG from YC? How did he feel when he heard he believed in him and Steve with Reddit? How did that change how Alexis feels about being the first person to really back someone? Item's Mentioned In Today's Episode Alexis' Favourite Book: Superforecasting: The Art and Science of Prediction Alexis' Most Recent Investment: Dispo As always you can follow Harry and The Twenty Minute VC on Twitter here! Likewise, you can follow Harry on Instagram here for mojito madness and all things 20VC.
1:02 Jason welcomes Alexis Ohanian to the show and asks about the Reddit sale & re-joining for the turnaround 3:39 Why was Reddit "the last website standing" from all of the Web 2.0 sales in the early 2000s? 6:05 History of Reddit Gold, future of micropayments & what will Reddit's Blockchain venture entail? 14:59 Future of creators being able to monetize using micropayments, policing speech on Reddit 19:45 Fatherhood, being a Girl Dad, balancing personal life & work life 29:12 What is Alexis' role at Initialized? How Initialized is turning Venture Capital into a team sport 36:10 Dealing with celebrity as a partner at a VC firm, building talent when starting Initialized 42:44 Why Initialized's small ownership percentage was an issue early on, and how they think about it now 47:59 Jason calls Reddit's crypto project: "The most credible thing I've ever seen in crypto.", parsing through legitimate and non-legitimate crypto businesses 54:33 What investor skills has Alexis improved and what still needs work? 1:00:52 Dealing with icon-level celebrity in his personal life 1:04:30 Jason reveals the winner from their 2013 bet during Alexis' last appearance on This Week in Startups
#425: Books I've Loved — Cindy Eckert and Alexis Ohanian | Brought to you by Audible. Welcome to another episode of The Tim Ferriss Show, where it is my job to sit down with world-class performers of all different types—from startup founders and investors to chess champions to Olympic athletes. This episode, however, is an experiment and part of a shorter series I’m doing called “Books I’ve Loved.” I’ve invited some amazing past guests, close friends, and new faces to share their favorite books—the books that have influenced them, changed them, and transformed them for the better. I hope you pick up one or two new mentors—in the form of books—from this new series and apply the lessons in your own life. Cindy Eckert (@cindypinkceo) is a billion-dollar dealmaker, self-made entrepreneur, and tireless force of nature if you're asking Fortune magazine. Prior to forming The Pink Ceiling (affectionately known as the Pinkbuator) to fund and foster female-led disruption in healthcare, Cindy built two pharmaceutical companies from scratch. As Founder and CEO of Sprout Pharmaceuticals, she created a new category of sexual wellness for women by taking on the FDA and winning the approval of the first and only pill for women's libido, Addyi. Cindy sold that company for $1B and now invests in game-changing ideas that support her mission to put women on top. Alexis Ohanian (@alexisohanian) is the co-founder of Reddit and Initialized Capital and the author of the bestselling book, Without Their Permission. Alexis has long advocated for the open internet, STEM education, and paid family leave. Alongside Garry Tan, he co-founded Initialized Capital—a seed-stage venture fund with over $500M under management and a portfolio with $36B in market value so far. After selling Reddit to Conde Nast, Alexis returned in 2014 as executive chairman to help lead the turnaround of the now independent company, which was last valued at $3B. You can find all books from this episode in the show notes. “Books I’ve Loved” on The Tim Ferriss Show is brought to you by Audible! I have used Audible for many years now. I love it. Audible has the largest selection of audiobooks on the planet. I listen when I’m taking walks, I listen while I’m cooking… I listen whenever I can. Audible is offering Tim Ferriss Show listeners a free audiobook with a 30-day trial membership. Just go to Audible.com/tim and browse the unmatched selection of audio programs. Then, download your free title and start listening! It’s that easy. Simply go to Audible.com/tim or text TIM to 500500 to get started today. *** If you enjoy the podcast, would you please consider leaving a short review on Apple Podcasts/iTunes? It takes less than 60 seconds, and it really makes a difference in helping to convince hard-to-get guests. For show notes and past guests, please visit tim.blog/podcast. Sign up for Tim’s email newsletter (“5-Bullet Friday”) at tim.blog/friday. For transcripts of episodes, go to tim.blog/transcripts. Interested in sponsoring the podcast? Please fill out the form at tim.blog/sponsor. Discover Tim’s books: tim.blog/books. Follow Tim: Twitter: twitter.com/tferriss Instagram: instagram.com/timferriss Facebook: facebook.com/timferriss YouTube: youtube.com/timferriss Past guests on The Tim Ferriss Show include Jerry Seinfeld, Hugh Jackman, Dr. Jane Goodall, LeBron James, Kevin Hart, Doris Kearns Goodwin, Jamie Foxx, Matthew McConaughey, Esther Perel, Elizabeth Gilbert, Terry Crews, Sia, Yuval Noah Harari, Malcolm Gladwell, Madeleine Albright, Cheryl Strayed, Jim Collins, Mary Karr, Maria Popova, Sam Harris, Michael Phelps, Bob Iger, Edward Norton, Arnold Schwarzenegger, Neil Strauss, Ken Burns, Maria Sharapova, Marc Andreessen, Neil Gaiman, Neil de Grasse Tyson, Jocko Willink, Daniel Ek, Kelly Slater, Dr. Peter Attia, Seth Godin, Howard Marks, Dr. Brené Brown, Eric Schmidt, Michael Lewis, Joe Gebbia, Michael Pollan, Dr. Jordan Peterson, Vince Vaughn, Brian Koppelman, Ramit Sethi, Dax Shepard, Tony Robbins, Jim Dethmer, Dan Harris, Ray Dalio, Naval Ravikant, Vitalik Buterin, Elizabeth Lesser, Amanda Palmer, Katie Haun, Sir Richard Branson, Chuck Palahniuk, Arianna Huffington, Reid Hoffman, Bill Burr, Whitney Cummings, Rick Rubin, Dr. Vivek Murthy, Darren Aronofsky, and many more. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Reddit co-founder and Initialized Capital managing partner Alexis Ohanian talks with Recode's Kara Swisher about how he became a "dadvocate" for paid paternity leave. Ohanian explains how the medical complications faced by his wife, tennis star Serena Williams, woke him up to the problem, and how time off for fathers can help mothers, as well as female coworkers. He also discusses the problem with how working men glorify their self-destructive schedules online, which he calls "hustle porn"; why he's investing in family tech companies like Mom Project at Initialized, and how the startup scene has changed since his days as a founder; and the decline of San Francisco as a desirable place for entrepreneurs to start their next companies. Plus: What Ohanian thinks of Twitter's decision to stop accepting political advertising, and how afraid we should be of deepfakes. Read a full transcript of this interview here. Featuring: Alexis Ohanian (@alexisohanian), Reddit co-founder and Initialized Capital managing partner Hosts: Kara Swisher (@karaswisher), Recode co-founder and editor-at-large More to explore: Subscribe for free to Reset, Recode's new podcast that explores why — and how — tech is changing everything. About Recode by Vox: Recode by Vox helps you understand how tech is changing the world — and changing us. Follow Us: Newsletter: Recode Daily Twitter: @Recode and @voxdotcom Learn more about your ad choices. Visit podcastchoices.com/adchoices
Steve Huffman is the Co-Founder & CEO @ Reddit, home to thousands of communities, endless conversation, and authentic human connection. To date, Reddit has raised over $550m in funding from some of the world's leading investors including Sequoia Capital, Marc Andreesen, Peter Thiel, Ron Conway, Sam Altman, Josh Kushner, Alfred Lin and Tencent, just to name a few. Steve started his career at Y Combinator as one of their first alumni back in 2005. At YC, Steve co-founded Reddit with Alexis Ohanian, which they sold in 2006 to Conde Naste Publications. In 2010, Steve co-founded Hipmunk, making business travel seamless and easy. Then in 2015, Steve re-joined Reddit as their CEO. In Today's Episode You Will Learn: 1.) How Steve made his way into the world of startups and came to be one of the very first ever entrants in the now hailed Y Combinator? How did that lead to the founding of Reddit? Why did Steve return to Reddit, the company he founded, in 2015? 2.) What were Steve's biggest lessons from his journey with Hipmunk when it came to product feedback and iteration? How does Steve assess people's reliance on data today to drive product decisions? Why does he believe 3 criteria must be considered? What are the other two? What time did Steve see the confidence of his own intuition really increase? 3.) How does Steve think about stress management today? What was he like when he was younger in his relationship to stress? What did he actively do to change his relationship to stress? How has Steve seen himself change and develop as a CEO? What have been the inflection points? What has he struggled and also made mistakes in the journey? 4.) What have been Steve's biggest lessons when it comes to hiring truly A* talent at scale? What are the commonalities in the very best hires Steve has made? In the cases of it not working, what does Steve advise founders on the right way to let someone go? How does one do it with efficiency and compassion? 5.) Why does Steve believe that in dense cities, self-driving cars will not be that useful? How does Steve envisage the future of consumer transportation? What does he believe are the alternatives to self-driving cars? How does Steve see the future for the unbundling of social networks? Will they be unbundled into specific communities? How will this look? Items Mentioned In Today's Show: Steve's Fave Book: Shogun: The First Novel of the Asian saga: A Novel of Japan As always you can follow Harry and The Twenty Minute VC on Twitter here! Likewise, you can follow Harry on Instagram here for mojito madness and all things 20VC.
Reddit CEO Steve Huffman talks with Recode's Kara Swisher in this live interview recorded at Manny's in San Francisco. Huffman co-founded the company in 2005, left it in 2009, and returned in 2015 after the resignation of Reddit's previous CEO, Ellen Pao. In this episode: How Huffman thinks about Reddit today; how the site almost died; how it started and its early experience with backlash; tech leaders that don’t want to make content moderation decisions; why /r/The_Donald was quarantined and how it could clean itself up; the moving line for unacceptable comments online; conservative allegations of “shadowbanning” and tech bias; the gender breakdown of Reddit users; harassment of volunteer moderators; AI that learns from Reddit; the monopolization of tech by negative forces; and the future of /r/The_Donald. Vote for us Recode Decode has been nominated for best technology podcast in this year’s People’s Choice Podcast Awards! Cast your vote for Recode Decode at https://www.podcastawards.com/app/signup before July 31st. One vote per category. Follow us Kara Swisher (@karaswisher), host Erica Anderson (@EricaAmerica), executive producer Eric Johnson (@HeyHeyESJ), producer More to explore If you haven't already, subscribe to Recode Decode Subscribe to Recode's other podcasts: Recode Media, Pivot, and Land of the Giants Learn more about your ad choices. Visit podcastchoices.com/adchoices
This is a special episode of Unchained from the CME Global Leadership Conference in Naples, Florida. There, I spoke with Arthur Hayes, CoFounder and CEO of Bitmex, Dan O’Prey, chief marketing officer of Digital Asset, and Alexis Ohanian, Co-Founder & Executive Chairman, Reddit and Co-Founder of Initialized Capital. We cover how public and permissioned chains will compete or complement each other, how blockchain technology will affect incumbent financial services, and how it has already proven itself (hint: as a store of value is one answer). We discuss whether or not crypto represents a new asset class, why the crypto winter is helping to improve the space, and what the launch of Bakkt and Fidelity Digital Assets could mean going forward. Thank you to our sponsors! CipherTrace: https://ciphertrace.com/unchained Microsoft: https://twitter.com/MSFTBlockchain Episode links CME's Global Financial Leadership Conference: https://www.gflc.com Arthur Hayes: https://twitter.com/cryptohayes Bitmex: https://www.bitmex.com Dan O'Prey: https://www.linkedin.com/in/danoprey/ Digital Asset: https://www.digitalasset.com Alexis Ohanian: https://twitter.com/alexisohanian Initialized Capital: https://initialized.com Unconfirmed episode with Tom Jessop's Fidelity Digital Assets: http://unconfirmed.libsyn.com/fidelity-digital-asset-services-tom-jessop-on-why-its-serving-institutional-clients-first-ep043 Learn more about your ad choices. Visit megaphone.fm/adchoices
No, it's not your fault the economy crashed. Or that consumer preferences changed. Or that new technologies have blown apart your business model. But if you're the C.E.O., it is your problem. So what are you going to do about it? First-hand stories of disaster (and triumph) from Mark Zuckerberg, Steve Ballmer, Satya Nadella, Jack Welch, Ellen Pao, Richard Branson, and more. (Part 4 of a special series, "The Secret Life of C.E.O.'s.") Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
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They're paid a fortune — but for what, exactly? What makes a good C.E.O. — and how can you even tell? Is "leadership science" a real thing — or just airport-bookstore mumbo jumbo? We put these questions to Mark Zuckerberg, Richard Branson, Indra Nooyi, Satya Nadella, Jack Welch, Ray Dalio, Carol Bartz, David Rubenstein, and Ellen Pao. (Part 1 of a special series, "The Secret Life of C.E.O.'s.") Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
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We’re so used to thinking of “community” as our friends, families, and neighbors. But what a community is, and who it is made of, has changed thanks to the internet, and without our noticing it. What happens when online communities -- really, new subcultures -- form primarily around interests, not just personal relationships? Featuring VP of Product at Reddit Alex Le, CEO of Rabbit Michael Temkin, and CEO and co-founder of HVMN Geoffrey Woo -- in conversation with a16z general partner Chris Dixon -- this episode of the a16z Podcast is based on a discussion that took place at a16z’s annual Summit in November 2017. As communities of strangers and activities connect online and offline in new and different ways, what else changes? The views expressed here are those of the individual AH Capital Management, L.L.C. (“a16z”) personnel quoted and are not the views of a16z or its affiliates. Certain information contained in here has been obtained from third-party sources, including from portfolio companies of funds managed by a16z. While taken from sources believed to be reliable, a16z has not independently verified such information and makes no representations about the enduring accuracy of the information or its appropriateness for a given situation. This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities or digital assets are for illustrative purposes only, and do not constitute an investment recommendation or offer to provide investment advisory services. Furthermore, this content is not directed at nor intended for use by any investors or prospective investors, and may not under any circumstances be relied upon when making a decision to invest in any fund managed by a16z. (An offering to invest in an a16z fund will be made only by the private placement memorandum, subscription agreement, and other relevant documentation of any such fund and should be read in their entirety.) Any investments or portfolio companies mentioned, referred to, or described are not representative of all investments in vehicles managed by a16z, and there can be no assurance that the investments will be profitable or that other investments made in the future will have similar characteristics or results. A list of investments made by funds managed by Andreessen Horowitz (excluding investments and certain publicly traded cryptocurrencies/ digital assets for which the issuer has not provided permission for a16z to disclose publicly) is available at https://a16z.com/investments/. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others. Please see https://a16z.com/disclosures for additional important information. Stay Updated: Find a16z on YouTube: YouTube Find a16z on X Find a16z on LinkedIn Listen to the a16z Show on Spotify Listen to the a16z Show on Apple Podcasts Follow our host: https://twitter.com/eriktorenberg Please note that the content here is for informational purposes only; should NOT be taken as legal, business, tax, or investment advice or be used to evaluate any investment or security; and is not directed at any investors or potential investors in any a16z fund. a16z and its affiliates may maintain investments in the companies discussed. For more details please see a16z.com/disclosures. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
Investor Ellen Pao talks with Recode’s Kara Swisher about her new book, “Reset: My Fight for Inclusion and Lasting Change,” which chronicles Pao’s 2015 court battle against her former employer, Kleiner Perkins Caufield & Byers. She reflects on why the gender discrimination lawsuit ultimately failed, and why Pao believes it nevertheless laid the groundwork for future whistleblowers like ex-Uber employee Susan Fowler. She also talks about her ensuing work as interim CEO of Reddit, what she thinks of the controversial memo written by former Google engineer James Damore, and why we shouldn’t take tech companies’ proclamations of “free speech” idealism at face value. Learn more about your ad choices. Visit podcastchoices.com/adchoices
With $12,000 and a mascot named Snoo, two former college roommates designed a web site they hoped would become "the front page of the Internet." Today, despite growing pains, personal issues and persistent trolls, Reddit has over 300 million monthly users and is valued at 1.8 billion dollars. Recorded live in San Francisco. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Alexis Ohanian is co-founder of Reddit & Initialized Capital. After graduating from UVA in 2005, Alexis and his co-founder Steve Huffman started Reddit, which they sold in 2006 to Conde Nast. In 2015, he returned to a full-time capacity with Steve Huffman as the two returned to the helm of a fully independent Reddit, which is now the 8th largest US website. In 2016, he joined Garry Tan in kicking off the third fund for Initialized Capital, an early stage venture capital firm. He's invested in and advised over two hundred tech startups and was a partner at Y Combinator; Alexis has also written a national best-selling book, Without Their Permission and was named on Forbes 30 Under 30 list two years in a row. In Today's Episode You Will Learn: 1.) How Alexis made his way into the world of VC from founding Reddit? 2.) What were the biggest surprises for Alexis about making the move into venture full time? What have been the biggest challenges? 3.) How do Alexis and Garry (Alexis' partner) look to integrate process into their investing with Initialized? What is core to the success of this process? Why should more VCs be doing so? 4.) What does Alexis believe makes the best seed investors? What are the benefits of investors that have been in the trenches? How can they add to their companies in a way those without operating experience cannot? 5.) How does kindness integate into Alexis' role as an investor? Can one win in investing while being kind? How does Alexis look to show his kindness to founders and investors? Items Mentioned In Today's Show: Alexis' Fave Blog: Reddit Alexis' Fave Book: Slaughterhouse 5 Alexis' Most Recent Investment: Workramp As always you can follow Harry, The Twenty Minute VC and Alexis on Twitter here! Likewise, you can follow Harry on Snapchat here for mojito madness and all things 20VC. Pearl believes the latest automotive technology should be available to every driver – whether it's time for you to buy a new car or not. RearVision is our first step in driving this commitment forward. Pearl RearVision is the only wireless backup camera and alert system that installs in minutes and updates throughout its lifetime. Pearl literally takes less than 10minutes to install and is completely wireless because it's solar powered. Since RearVision is software based, we're able to push updates and new features over the Pearl App in the exact same way you receive updates for other apps on your phone. Pearl RearVision is perfect for anyone who wants to upgrade their car in minutes. Pearl RearVision is $499.99 and available at PearlAuto.com. It's also available on Amazon and through Crutchfield. Xero is beautiful, easy-to- use online accounting software for small businesses. With Xero, you can easily manage your accounting anytime, anywhere from your computer or mobile device.When you add Xero to your small business you are able to: Send online invoices and get paid faster. Get an instant view of your cash flow. Track your payroll and keep tabs on your inventory. Partner with your accountant and bookkeeper in real time whenever you like. You can also customize your Xero experience with over five hundred business apps, including advanced solutions for point-of- sale, time tracking, ecommerce and more. Sign up for a free thirty-day trial at xero.com/20vc
Free, one click with Google. Browse every guest and company across the catalog.