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The social-media landscape changes incredibly fast, so you have to be open-minded and nimble to keep up with it.
Alexis Ohanian
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Alexis Ohanian
Age: 41
Born: 1983
Born: April 24
Entrepreneur
Internet Entrepreneur
Investor
Venture Capitalist
Brooklyn
New York
Kn0thing
Alexis Kerry Ohanian
Open
Social
Nimble
Keep
Minded
Incredibly
Landscape
Fast
Changes
Media
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I can't begrudge anyone who opts to get a job instead of creating one for themselves.
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I want to be in an industry where the upstarts can grow and displace the incumbents, because that's why there's so much innovation.
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I like sarcasm. I like snark.
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Every founder has to delude themselves into thinking, Yes, it's going to be big. It's going to take over the world.
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The weird thing about reddit is that, for a community its size - now I'm no longer at reddit, but the public traffic numbers that they put out are, I think with the site about eight million unique visitors a month, or every 30 days, which is a fairly big site.
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The first step, and the thing that everyone has to do right on the Internet is make something people want.
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It turns out the Internet is this amazing resource for everyone who has access to it.
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Being effective at social media, whether for business or personal use, means capturing people who have short attention spans. They're only a click away from a picture of a funny cat, so you have to make your thing more compelling than that cat. And that can be a high bar.
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Nothing will replace good journalism.
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There was a clear lesson here — and that was that the Internet loves Mister Splashy Pants.
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If I were a snarky Reddit user though, I would say, hypothetically, that that would just be like reading Reddit's Front Page a day later. But I'm not going to go there.
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The people who are going to be succeeding are not going to be waiting around for anyone's permission.
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Hundreds of these companies I've seen since the beginning stages - including Dropbox and Airbnb - one of them has actually been crushed by an incumbent. The Googles, the Twitters, the Facebooks, they might be someone to acquire you, which is not necessarily a bad position to be in.
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The best part of being an angel investor is seeing these kids coming up with companies that get way more traffic than Reddit had when we sold it. I think, 'Are you kidding me? They're just kids, and they've done so much.
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There is a much bigger issue with student loan rates, the cost of tuition those are some huge problems that need to be resolved.
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Do not be scared of the incumbents.
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If you imagine Maslow's hierarchy of needs, if you can get all those requirements checked off and have all those amazing things that we need to just live lives, but actually get to do the thing that you're really passionate about.
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If I didn't believe in rooting for founders and investing in founders, I'd be a bit of a hypocrite.
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The problem is these politicians have very, very big interests in being re-elected, and the money that gets them there is provided by people who don't necessarily have the interest of the public in mind.
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No, everyone has great ideas, but what makes a difference, especially online, or just in life, is actually doing it getting that first version out there.
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