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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.
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
Problems
Rates
Huge
Loan
Issues
Student
Problem
Issue
Need
Rate
Needs
Bigger
Much
Cost
Tuition
Students
Resolved
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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.
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I like sarcasm. I like snark.
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If I'm at the University of Georgia and I can't inspire this room full of students, OK, fine. I'm not going to take it personally. Maybe a little bit, but I'll be all right.
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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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It takes discipline not to let social media steal your time.
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The stage of investing that I do is seed stage, so it's really early. Here's a pair of founders who maybe have a prototype. They have a little bit of traction, maybe one employee, tops. At that stage, you really, really can only evaluate a company based on those founders and what they've been able to build. It's very, very team driven.
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I actually haven't even found a curriculum in America that is really preparing people for this 21st century world.
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Facebook makes me hate the people I know, and Reddit makes me love the people I don't.
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You can throw - and we've seen plenty of these kinds of companies - millions of dollars in advertising for a website or a service, and in the end if it's not useful no one's going to use it.
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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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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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I guess if you include contractors that are six or seven people working on reddit, but when we got acquired there were basically three and then in the years since, we've added three more developer hires full time, and a community manger. But the site is still remarkably small.
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It's a lot easier to convince uninformed people than it is to convince politicians.
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I think everyone should learn how to code.
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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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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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I try to help founders as much as I can, but so many of us we won't even take meetings with people who still just have an idea, because everyone has an idea.
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The Internet is, as a communication platform and a learning platform, unparalleled because whether you want to learn something or share something, it's simply a few clicks away.
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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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Let's say you're all worried about student-loan debt and you need to have steady income. That doesn't have to be your everything.
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