Alexis Ohanian Reveals Ethereum as Top Early Investment
Reddit co-founder Alexis Ohanian is a well-known technology entrepreneur and startup investor with an impressive track record. He has backed 40 unicorns, including big names like Coinbase, Instacart, Ro, and Impossible, as stated on his website. But among all his investments, there’s one that stands out the most.
In a recent interview on the 20VC podcast with Harry Stebbings, Ohanian revealed that his single best investment so far has been Ethereum at the pre-token sale stage. With an initial investment of $10,000, Ohanian has seen this investment grow to a whopping $17.1 million at today’s prices. Ethereum is currently trading at around $3,600.
Apart from his successful investments, Ohanian also leads as the investor in the National Women’s Soccer League’s Angel City FC through his venture capital firm, Seven Seven Six. He also initiated the first-ever all-women’s track and field meet, Athlos, which wrapped up in September.
It’s fascinating to see how Ohanian’s smart investment decisions have paid off, and Ethereum has certainly been a standout winner for him. With a friendly and approachable demeanor, Ohanian continues to inspire many with his success stories in the world of tech and startups.
