The $150 Million Playbook: 7 Ways Alexis Ohanian Is Redefining Tech, VC, And Women’s Sports In 2025

As of late 2025, Alexis Ohanian is no longer just the 'Mayor of the Internet' or the co-founder of Reddit; he has cemented his status as one of the most influential venture capitalists and a powerful advocate for women’s professional sports. His firm, Seven Seven Six (776), continues to deploy capital into high-growth, non-traditional startups, while his personal mission to elevate female athletes through ownership and new leagues is reshaping the sports landscape. This deep dive explores the latest projects, investments, and philosophies driving the entrepreneur who famously co-founded one of the world's largest social media platforms. The current narrative around Ohanian centers on his transition from a social media pioneer to a venture capitalist with a strong social conscience, backing founders who are building the future, not just iterating on the past. His estimated net worth, fluctuating between $80 million and $150 million in 2025, reflects the success of his early bets and the aggressive growth of his venture firm.

The Entrepreneurial Blueprint: Alexis Ohanian's Complete Biography and Career Timeline

Alexis Kerry Ohanian Sr. is an American internet entrepreneur, investor, and activist best known for co-founding Reddit, the social news aggregation and discussion website. Born to a German mother and an Armenian-American father, his career trajectory is a masterclass in identifying and capitalizing on emerging digital trends.

• Full Name: Alexis Kerry Ohanian Sr.
• Date of Birth: April 24, 1983
• Place of Birth: Brooklyn, New York, U.S.
• Education: University of Virginia (B.A. in History and Commerce)
• Spouse: Serena Williams (m. 2017)
• Children: Alexis Olympia Ohanian Jr. and Adira River Ohanian
• Estimated Net Worth (2025): $80 million to $150 million
• Key Career Milestones:
  • 2005: Co-founded Reddit with Steve Huffman, funded by Y Combinator.
  • 2006: Reddit was acquired by Condé Nast.
  • 2010–2015: Launched travel search engine Hipmunk and served as a partner at Y Combinator.
  • 2016: Co-founded Initialized Capital, an early-stage venture capital firm.
  • 2020: Resigned from the Reddit board to push for a Black director and launched his new venture capital firm, Seven Seven Six (776).
  • 2024/2025: Deepens commitment to women's sports with investments in League One Volleyball and the launch of Athlos.

Seven Seven Six: The Venture Capital Firm That Works Like a Startup

Ohanian’s venture capital firm, Seven Seven Six (776), is arguably his most significant professional endeavor since Reddit. Launched with a mission to be a "technology company that deploys venture capital," 776 is not a traditional VC firm. It operates with a strong focus on data, transparency, and building proprietary software—like its internal 'Orion' system—to help its portfolio founders succeed.

The firm's name is a nod to the year the first Olympic Games were held, symbolizing a commitment to excellence and long-term vision. In 2025, 776 has continued its aggressive investment pace, focusing on sectors like crypto, AI, and enterprise SaaS.

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Recent 776 Funding Highlights (2025):

The firm has been instrumental in several high-profile funding rounds, demonstrating a diverse and forward-thinking investment thesis:

• Playback: 776 led the Series A financing round for Playback, a platform that allows fans to watch sports together with commentary from their favorite creators. This investment was particularly notable as it saw co-investment from both the NBA and MLB, signaling a major move into the future of sports consumption.
• Jump: In August 2025, 776 led a $23 million Series A funding round for Jump, a SaaS company, highlighting the firm's continued commitment to enterprise software and AI solutions.
• RetrievAir: The firm also participated in the pre-seed funding for RetrievAir in October 2025, showcasing its willingness to back companies at the earliest stages, particularly those with a focus on cutting-edge technology.

This approach of backing builders who are tackling complex problems, combined with a non-traditional team structure, positions 776 as a leading force in the next generation of venture capital.

The Women's Sports Revolution: A Personal Mission

Perhaps the most passionate and high-profile area of Ohanian’s recent work is his unwavering commitment to women’s sports. Influenced heavily by his wife, tennis legend Serena Williams, and his daughter, Olympia Ohanian, he has become one of the most significant venture backers in the space. He views investing in women's sports not just as a social mission, but as a massive, undervalued business opportunity.

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The 'Athlos' Initiative and League One Volleyball (LOVB)

Ohanian has put his capital and influence squarely behind building sustainable, high-value professional leagues for female athletes:

• League One Volleyball (LOVB): Ohanian is a key investor in LOVB, a professional volleyball league that debuted in 2024. His involvement is a clear statement that he is bullish on volleyball as the next major women's sport, recognizing its growing popularity and untapped commercial potential.
• Athlos: Building on his advocacy, Ohanian launched Athlos in 2024. The initiative is designed to support and elevate female athletes, with the 2025 event held in New York's Icahn Stadium. Athlos is a tangible manifestation of his strong message: the ambition in women's sports is "only just beginning."

His strategy involves giving female athletes ownership stakes in the teams and leagues, a move that aligns their long-term financial success with the growth of the sport itself. This athlete-first model is a paradigm shift in how professional sports leagues are structured.

Beyond Reddit and VC: Ohanian’s New Social Platform and Future Bets

While his focus is on venture capital and sports, Ohanian has hinted at a return to his roots in social media, albeit with a fresh, more thoughtful approach. In 2025, news emerged that he is developing a new social platform built around a single guiding principle: simplicity and safety.

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This new venture is a direct response to the complexities, toxicity, and overwhelming nature of existing platforms. Given his experience with Reddit—a platform that has struggled with content moderation and community management—Ohanian’s next foray into social media will likely prioritize a safer, more curated online space for users. The move signals an evolution in his thinking about the internet, moving from the chaotic, open-source ethos of early Reddit to a more intentional, community-driven design.

Alexis Ohanian’s trajectory in 2025 confirms his role as a multifaceted entrepreneur who is constantly looking for the next frontier. From deploying capital through 776 into the future of AI and SaaS to personally funding a revolution in women's professional sports, his influence extends far beyond the digital forums he helped create. He is not just funding the future; he is actively building the infrastructure for a more equitable and innovative one.