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☆ A founding partner of VC firm 776 explains why she's still optimistic about creator-economy startups as the hype cycle ends
▼ + stars: | 2024-03-11 | by ( Marta Biino | ) www.businessinsider.com time to read: +3 min

Read previewFor Katelin Holloway, the people who say creator startups are "dead" are missing the point of the creator economy entirely. "I'm not talking about the epic stars and the MrBeasts of the world," Holloway told Business Insider. This story is available exclusively to Business Insider subscribers. Holloway is a founding partner at Seven Seven Six, the early-stage VC firm started in 2020 by Reddit founder Alexis Ohanian. The end of the hype cycle around creator-economy startups is part of the intrinsic nature of venture capital — VC "loves hype cycles," said Holloway.

Persons: —, Holloway, Alexis Ohanian Organizations: Service, Business, Seven Seven Locations: —

☆ Reddit Co-Founder and Wheelhouse CEO launch social media site aimed at collectors
▼ + stars: | 2024-02-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailReddit Co-Founder and Wheelhouse CEO launch social media site aimed at collectorsAlexis Ohanian, Seven Seven Six founder and co-founder of Reddit, and Brent Montgomery, Founder & CEO of Wheelhouse, join 'Fast Money' to talk their new social media venture 'Mantel', a site meant to bring collectors together.

Persons: Alexis Ohanian, Brent Montgomery Organizations: Seven, Wheelhouse

☆ Reddit may be targeting a $5 billion valuation for its upcoming IPO
▼ + stars: | 2024-01-28 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +2 min

The success of the IPO is contingent in part on the state of the IPO market, which has struggled in recent years. When Reddit first began preparing to go public in late 2021 — a record-breaking year for venture capital — some thought the company could be valued as high as $15 billion in an IPO. Investors are hoping that 2024 will be a more active year for the IPO market. This year's IPO market may also be helped by the Fed's promised rate cuts and a weak M&A market. The last time a social media company went public was in 2019.

Persons: Reddit, —, IPOs, Klaviyo, Steve Huffman, Alexis Ohanian, Aaron Swartz, Condé Nast, Ohanian, Huffman Organizations: Service, Bloomberg, Business, Investors, University of Virginia

☆ Reddit cofounder Alexis Ohanian was one of the first in line to get a Cybertruck
▼ + stars: | 2023-11-30 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +1 min

Reddit cofounder Alexis Ohanian was among customers who picked up a Cybertruck. AdvertisementTesla delivered its long-awaited Cybertruck to a handful of expectant customers at its Cybertruck Delivery Event, which was held at its Gigafactory near Austin, Texas, on Thursday. Reddit cofounder Alexis Ohanian was the third in line to pick up his futuristic electric truck at the highly anticipated event. Elon Musk escorting Alexis Ohanian into his new Cybertruck. He's since pivoted into venture capital, founding firms like Initialized Capital, and Seven Seven Six.

Persons: Tesla, Reddit, Alexis Ohanian, —, Ohanian, Musk, Serena Williams —, Elon Musk, Condé Nast Organizations: Service, Women's Locations: Austin , Texas

☆ Here's an exclusive look at the pitch deck two former VCs used to raise $4.7 million in funding for their startup The Grand, whose coaching service is used by Googlers, founders, and NBA players alike
▼ + stars: | 2023-10-03 | by ( Melia Russell | ) www.businessinsider.com time to read: +4 min

In the midst of a funding crapshoot for young startups, The Grand, a four-year-old startup that provides career coaching as a service, has raised $4.7 million in a round of seed funding led by Alexis Ohanian's Seven Seven Six. You could say founders Anita Hossain Choudhry and Rei Wang had a leg up on creating the pitch deck they used to convince venture capitalists to back their startup. The goliath of coaching startups is BetterUp, a startup that offers individual and group coaching and has raised $600 million in funding so far. The Grand is now walking in lockstep with roughly 1,000 members, including Googlers, founders, and pro athletes. Check out the pitch deck that The Grand used to raise $4.7 million in seed funding.

Persons: Alexis Ohanian's Seven, Anita Hossain Choudhry, Rei Wang, Hossain Choudhry, Wang, Oscar, it's Organizations: Google, Intuit, Angel City Football Club, NBA, Carta Locations: Ohanian, lockstep

☆ ScorePlay, a sports media platform using AI, just raised $5 million in a round led by Alexis Ohanian's Seven Seven Six
▼ + stars: | 2023-07-26 | by ( Riddhi Kanetkar | ) www.businessinsider.com time to read: +3 min

Lisbon and New York-based ScorePlay has secured a $5 million seed round from Seven Seven Six. A startup that has built a media operating system for sports has just raised $5 million in seed funding from Reddit cofounder Alexis Ohanian's Seven Seven Six. As a business-to-business software startup, ScorePlay makes its money by charging a monthly fee to organizations, depending on the range of services they use. The round was led by Reddit cofounder Alexis Ohanian's VC firm Seven Seven Six, which has previously backed climate tech Vaayu, and creator marketing platform PearPop. With the fresh funding, ScorePlay will grow its tech team so it can hone in on its enterprise offerings.

Persons: ScorePlay, Alexis Ohanian's Seven, Xavier Green, Lionel Messi, Declan Rice, Victorien Tixier, Alexis Ohanian's, Kevin Durant, Renaud Visage, Michael Philippe, Robin Sabban Organizations: Seven Seven, Premier League football, West Ham United, La Liga, Atlético de, Athletes, Seven, NBA, Tech Locations: Lisbon, New York, Atlético de Madrid, Manchester

☆ Reddit cofounder Alexis Ohanian shares his daily routine and why true work-life balance doesn't exist: 'I don't think anyone can really accomplish that'
▼ + stars: | 2023-07-18 | by ( Amanda Breen | ) www.businessinsider.com time to read: +6 min

Reddit cofounder Alexis Ohanian shared his typical work and family routine. Before marriage, he said he was terrible at finding any semblance of balance between work and life. If you're chasing balance, you're implying, like Thanos, [that] you'd be able to create something perfectly balanced. "There are times in your life where you will need to focus on the career, the work," Ohanian says. That's why he's a big advocate for paid family leave; Ohanian wants all American families to have access to it.

Persons: Alexis Ohanian, Serena Williams —, he's, Williams, he'd, It's, Thanos, You'll, Ohanian, you'll, —, He's, Ohanian's, Covid, Serena, Amanda Breen Organizations: Service, Technology, Seven, Olympia, YouTube, Olympia ., Barnard College, Columbia University, School of, Arts Locations: Wall, Silicon, South Florida

☆ Read the pitch decks from these creator economy startups that helped raise millions of dollars
▼ + stars: | 2023-07-06 | by ( Sydney Bradley | ) www.businessinsider.com time to read: +3 min

Here are the pitch decks that 24 startups used in Series A, Seed, and pre-Seed rounds. The phrase "creator economy" skyrocketed as a buzzword in 2021 as creators, VCs, and entrepreneurs rushed to cash in on a booming industry. So, how do creator economy startups land those investments? They broke down the pitch decks they used to secure millions of dollars in funding. Read the pitch decks that helped 24 creator-focused startups to fundraise millions of dollars:

Persons: —, Alexis Ohanian's Seven, Tony Tran, Tran, Jessica Wolf, who've Organizations: United Talent, Intelligence Locations: Skye

☆ Seeking nominations for the top VCs backing the creator economy in 2023
▼ + stars: | 2023-06-26 | by ( Sydney Bradley | ) www.businessinsider.com time to read: +2 min

Insider is compiling our 4th annual list of the top VCs funding startups in the creator economy. While the once-on-fire creator economy funding landscape has cooled, many startups are still out raising capital and growing their companies. As the creator economy sheds weight as some startups shut down or consolidate, there is a new wave of startups launching and building in a tighter economy. What names should every founder in the creator economy know? Insider is putting together our fourth annual list of the top VCs who are funding innovative creator economy startups in 2023.

Persons: Goldman Sachs, Alexis Ohanian's Seven Organizations: Morning

☆ The $170 million startup behind Better Bagel says it's on a mission to be the 'Beyond Meat of carbs'
▼ + stars: | 2023-06-21 | by ( Alex Bitter | ) www.businessinsider.com time to read: +4 min

BetterBrand, which makes low-carbohydrate, high-protein Better Bagels, closed a $6 million Series A funding round, it said on Wednesday. The Better Bagel contains 90% fewer carbs than a traditional bagel, BetterBrand's website says. BetterBrand founder and CEO Aimee Yang BetterBrandBetterBrand's goal is to become the "Beyond Meat of carbs," Yang said. "You've heard how much funding has gone into plant-based and just how saturated that market has gotten," Yang told Insider. BetterBrand also plans to grow sales to between $30 million and $40 million over the next 12 months, Yang said.

Persons: BetterBrand, —, Tesla, Reddit, Alexis Ohanian's, Aimee Yang, Aimee Yang BetterBrand, Yang, You've Organizations: Service, Facebook, Verso, Gaingels, Based Foods Association, Foods

☆ Alexis Ohanian and Serena Williams are building a mini-sports empire in Los Angeles
▼ + stars: | 2023-06-08 | by ( Vishal Persaud | ) www.businessinsider.com time to read: +4 min

Alexis Ohanian and the Williams sisters have bought another sports team to bring to Los Angeles. Ohanian and the Williams sisters are the first to buy a TGL golf league team. Ohanian is already the principal owner and founding investor of LA's National Women's Soccer League team, Angel City FC. Alexis Ohanian said in a tweet that their daughter Olympia is also a co-owner of the new golf team. A rendering of the TGL golf league venue in Florida.

Persons: Alexis Ohanian, Williams, Tiger Woods, Rory McIlroy, Ohanian, Serena Williams, Venus, Eva Longoria, Jessica Chastain, Christina Aguilera, Charles Krupa, Woods, McIlroy, Mike McCarley, McIIroy, Justin Thomas, Jon Rahm, LIV Golf, LIV, Phil Mickelson, Brooks Koepka, There's, LIV Golf's Organizations: TGL, Angel City FC, Morning, Los Angeles Golf Club, NFL, MLB, NBA, NHL, MLS, Seven, Los, LA's, Women's Soccer League, Williams, Serena Ventures, TMRW Sports, PGA, NBC Sports, Golf, PGA Tour, Tour, Masters Locations: Los Angeles, Angeles, Olympia, Palm Beach , Florida, Florida, Saudi Arabia

☆ Alexis Ohanian and Serena Williams are building a mini-sports empire with a new golf team that's part of a league created by Tiger Woods and Rory McIlroy
▼ + stars: | 2023-06-08 | by ( Vishal Persaud | ) www.businessinsider.com time to read: +4 min

It's the first team for TGL, a new pro golf league established by Tiger Woods and Rory McIlroy. The couple, along with Williams' sister Venus, have bought the first golf team for TGL, a new league developed by golf greats, Tiger Woods and Rory McIlroy. Ohanian and the Williams sisters are the first to buy a TGL golf league team. Alexis Ohanian said in a tweet that their daughter Olympia is also a co-owner of the new golf team. A rendering of the TGL golf league venue in Florida.

☆ Here's an exclusive look at the pitch deck that Trala, a startup offering virtual violin lessons, used to raise $8 million from investors like Alexis Ohanian's Seven Seven Six
▼ + stars: | 2023-06-02 | by ( Madeline Renbarger | ) www.businessinsider.com time to read: +3 min

TralaTrala is a startup that helps adult violin students learn to play from virtual lessons. Now, the company has raised $8 million in Series A funding led by Alexis Ohanian's Seven Seven Six. For Trala cofounder and CEO Sam Walder, music has always been a huge part of his life. That app, called Trala, allows students to take virtual violin lessons with an instructor, and follow a practice and lesson plan. Check out the 18-slide pitch deck that edtech startup Trala used to raise $8 million in Series A funding:

Persons: Vishnu Indukuri, Sam Walder, Alexis Ohanian's Seven, Alexis Ohanian, Trala, Indukuri Organizations: University of Illinois, Seven Locations: University of Illinois Urbana, Champaign

☆ Check out the exclusive pitch deck that Trala, a startup offering virtual violin lessons, used to raise $8 million from investors like Alexis Ohanian's Seven Seven Six
▼ + stars: | 2023-03-16 | by ( Madeline Renbarger | ) www.businessinsider.com time to read: +3 min

☆ Stakeholder Labs sees an opportunity helping companies convert customers into shareholders. Here's how the fintech backed by a Reddit cofounder plans to do it.
▼ + stars: | 2023-02-16 | by ( Paige Hagy | ) www.businessinsider.com time to read: +5 min

Stakeholder Labs helps businesses identify and engage with retail investors. Stakeholder Labs provides plug-in software that verifies a company's shareholders and measures customer behavior with a goal of driving long-term loyalty. "Not trying to convert that customer into a shareholder is the biggest missed opportunity," Max Goldstein, head of marketing and shareholder experience at Stakeholder Labs, added. Stakeholder Lab's software, called Roundtable, is integrated directly into a company's website or app, allowing customers to self-identify as a shareholder. Stakeholder Labs customers range from small to mid-sized publicly traded companies that tend to be more agile and willing to try new technologies.

☆ The behind-the-scenes role that's minting future stars at BlackRock
▼ + stars: | 2023-02-15 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +5 min

Some of the most powerful people on Wall Street are men and women you've never heard of. Click here to learn more about BlackRock's new chief of staff and why the role is rising in importance across Wall Street. Everybody wants macro traders. A fintech helping companies engage with their retail investors got backing from Alexis Ohanian's Seven Seven Six. These are the top 10 holdings in the church's investment portfolio, including one Wall Street titan.

☆ This fintech helping companies engage and build loyalty with retail investors just nabbed funding from Alexis Ohanian's Seven Seven Six
▼ + stars: | 2023-02-14 | by ( Paige Hagy | ) www.businessinsider.com time to read: +5 min

Stakeholder Labs helps businesses identify and engage with retail investors. CEO and cofounder Matt Joanou observed the untapped potential of retail investors while at Reddit. This startup wants to help companies engage with their retail investors, and it just got backing from an investor well-versed in building active communities. Stakeholder Labs provides plug-in software that verifies a company's shareholders and measures customer behavior with a goal of driving long-term loyalty. Stakeholder Lab's software, called Roundtable, is integrated directly into a company's website or app, allowing customers to self-identify as a shareholder.

☆ The founders of Web3 startup QuickNode managed to raise $60 million, valuing the company at $800 million — even after the fall of FTX. Here's how they did it.
▼ + stars: | 2023-01-24 | by ( April Joyner | ) www.businessinsider.com time to read: +4 min

Web3 infrastructure company QuickNode has raised $60 million at an $800 million valuation. That's illustrated by the blockchain infrastructure company QuickNode, which just announced $60 million in Series B funding at an $800 million valuation. That's helped QuickNode quadruple its revenue over the past year, Alex Nabutovsky, QuickNode's CEO and cofounder, told Insider. QuickNode's founders decided it was best to put off raising a Series B and focus on their company's growth. Back then, QuickNode's founders received a term sheet in a matter of days, capped off with a meal at the trendy restaurant Carbone.

☆ Watch CNBC's full interview with Reddit Co-Founder Alexis Ohanian
▼ + stars: | 2022-12-28 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Reddit Co-Founder Alexis OhanianAlexis Ohanian, Seven Seven Six founder and Reddit co-founder, joins 'Closing Bell' to discuss if he's seeing valuation markdowns in his venture portfolio, if he expects another rough year for valuations and if it's a good time to invest in early-stage companies.

☆ 'Fat and complacent' valuations will, without a doubt, see some resets, says Reddit Co-Founder
▼ + stars: | 2022-12-28 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'Fat and complacent' valuations will, without a doubt, see some resets, says Reddit Co-FounderAlexis Ohanian, Seven Seven Six founder and Reddit co-founder, joins 'Closing Bell' to discuss if he is seeing valuation markdowns in his venture portfolio, if he expects another rough year for valuations and if it's a good time to invest in early-stage companies.

☆ Read the 9-page pitch deck that July, a 'talent manager in your pocket' for creators, used to raise $2.3 million from investors like Alexis Ohanian
▼ + stars: | 2022-12-15 | by ( Sydney Bradley | ) www.businessinsider.com time to read: +3 min

It just announced a $2.3 million pre-seed fundraising round led by Seven Seven Six. "Hands down, the biggest problem that we have all run into was how can we effectively source and manage brand deals?" Led by Alexis Ohanian's Seven Seven Six fund, July raised a $2.3 million pre-seed round with participation from Genius Ventures, Z Fellows, and several angel investors. The fundraising environment for creator economy startups isn't as ablaze as it was a year ago, however. Check out the 9-page pitch deck July used to raise its pre-seed round:

☆ Read the 18-slide pitch deck that creator-marketing startup Pearpop used to raise $18 million in fresh funding
▼ + stars: | 2022-11-30 | by ( Dan Whateley | ) www.businessinsider.com time to read: +3 min

It just completed a $18 million fundraising round at a $300 million valuation. Here's the pitch deck it used to woo investors at a tricky moment for the creator industry. The company announced on Tuesday that it raised $18 million in a fundraising round that valued the company at $300 million, adding to last year's $10 million Series A round. The company plans to spend its new cash pile on engineering resources, product development, and growing its sales operation, Mason said. Pearpop shared with Insider the 19-page pitch deck it used to raise its $18 million round.

☆ Read the 18-slide pitch deck that creator-marketing startup Pearpop used to raise its latest funding round at a $300 million valuation
▼ + stars: | 2022-11-29 | by ( Dan Whateley | ) www.businessinsider.com time to read: +3 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEther crosses $1,400, Apple tweaks NFT rules, and Alexis Ohanian's crypto outlook: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Alexis Ohanian and Katelin Holloway of Seven Seven Six discuss the firm's investment in Doodles, and they share their outlook for the crypto industry.

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailPolygon surges, FTX reimburses phishing victims, and Doodles CEO discusses NFTs: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Doodles CEO Julian Holguin discusses the company's funding round led by Seven Seven Six, the venture capital firm founded by Alexis Ohanian, and the future of NFTs.

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