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Ohanian's venture fund Seven Seven Six hosted the inaugural race, awarding over $500,000. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementFor two weeks straight, my Instagram feed was flooded with ads featuring Reddit cofounder Alexis Ohanian promoting his latest investment, a futuristic women's-only track competition. What type of track event would a multimillionaire tech founder help to create? Ohanian calls it Athlos, and his venture fund Seven Seven Six just hosted the inaugural all-woman race on Thursday.
Persons: Athlos, Alexis Ohanian's, , Alexis Ohanian, Tiffany, That's, Serena Williams, He's, Bob Iger, Willow, Ohanian, he's, It's Organizations: Tiffany, Service, Angel City FC, Paris Olympics Locations: New York
"I compete in the Olympic Games TOMORROW and can’t even pay my rent," Fraley, is the 2024 NCAA discus champion, wrote on X. Ohanian, who is married to gold medal-winning tennis champion Serena Williams, also pledged to help Fraley on Thursday. Flav said through the representative that he is "happy to help out those who are representing the best of us. She thanked Flavor Flav directly and shared Ohanian's post, on X. "this makes every difference in the WORLD & I hope to represent team USA well this week," she wrote.
Persons: Veronica Fraley, haven’t, Flav, Reddit, Alexis Ohanian, Maggie Steffens, Ohanian, Serena Williams, Fraley, Organizations: Seven, Clemson University, Olympic, Vanderbilt Commodores, Vanderbilt, U.S . Olympic, WORLD, USA, Locations: Paris, Nashville , Tennessee
Reddit co-founder Alexis Ohanian on the rise of women's sports
  + stars: | 2024-07-29 | 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 Alexis Ohanian on the rise of women's sportsAlexis Ohanian, 776 founder and Reddit co-founder and former executive chairman, joins 'Squawk Box' to discuss the rise of women's sports, investing in women's sports, Ohanian's women's track investment, and more.
Persons: Alexis Ohanian, Reddit
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
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
Alexis Ohanian recently told Entrepreneur he doesn't think anyone can accomplish work-life balance. Ohanian's point is that sometimes, work needs to be the priority — and other times, life needs to be. Alexis Ohanian (left), Olympia Ohanian (center), and Serena Williams. Ringo Chiu/Reuters"There are times in your life where you will need to focus on the career, the work," Ohanian said. So it's refreshing to hear Ohanian explicitly lay out that while routines and consistency are important, flexibility is also essential.
Persons: Alexis Ohanian, It's, Ohanian, You'll, Serena Williams, Ringo Chiu, We've Organizations: Service Locations: Wall, Silicon
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
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
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
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
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
Reddit's cofounder Alexis Ohanian said the US government is not equipped to deal with AI. Vice President Kamala Harris recently invited tech leaders to the White House to discuss AI safety. Alexis Ohanian, a cofounder of Reddit alongside Steve Huffman and Aaron Swartz, spoke with CNN's Chris Wallace in an interview about AI. Wallace played a montage of clips showing senators interrogating tech leaders about the technology they develop with little information or education about how it works. He added: "I give credit to the White House for convening all of these AI leaders to get them in the loop.
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:
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.
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.
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:
A majority of voters want to see more regulation of cryptocurrencies, a new industry-sponsored poll found, though they're split on which party should enact such changes. A bipartisan polling team surveyed the 1,200 likely voters online from October 8 through 10, according to CCI. The survey found that crypto issues may resonate in particular with key demographics, like young voters and Black and Latino voters. Thirty percent of Black voters who responded to the poll said they would be more likely to support a pro-crypto candidate and 38% of Latino voters said they would support such a candidate. WATCH: Ether crosses $1,400, Apple tweaks NFT rules, and Alexis Ohanian's crypto outlook: CNBC Crypto World
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.
Party Round is now Capital and will offer more features beyond fundraising capabilities. Party Round, the fundraising app for startups, has rebranded as Capital, expanding its services beyond a tool to raise cash. Jordi Hays, Capital CEO, said the rebrand was really tied to the company's expanding vision to support other startups as they built Party Round with the idea of becoming a sort of neobank. But now, once they've begun fundraising, Capital can issue a virtual Visa debit card to users so they can start using the cash they just received. Capital has a long history with NFTs; Party Round went viral in 2021 after it launched NFT versions of top VCs.
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