Eventually he began to make websites for nonprofit organizations for free, by "trick" them, hiding behind his email to disguise the fact that he was a teen doing this from his parent's basement.
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He spent time on message boards learning how to code and build websites. Ohanian says his obsession with technology started in middle school when he got a 33.6k dialup modem. He went to Howard High School in Ellicott City, Maryland, where he gave the student address for his graduating class in 2001. His paternal grandparents came to the United States as refugees after the Armenian genocide. Early life Īlexis Kerry Ohanian was born in Brooklyn, New York. Ohanian is based in Florida, where he lives with his wife, tennis player Serena Williams, and their daughter, Alexis Olympia Ohanian.Īs of 2019, Forbes estimated Ohanian’s net worth as $70 million. He also co-founded the early-stage venture capital firm Initialized Capital, helped launch the travel search website Hipmunk, and started the social enterprise Breadpig. He is best known as the co-founder and executive chairman of the social media site Reddit along with Steve Huffman and Aaron Swartz. Reddit also introduced a simpler design for search results based on user feedback on both desktop and mobile.Alexis Kerry Ohanian ( Armenian: Ալեքսիս Քերի Օհանյան born April 24, 1983) is an American internet entrepreneur and investor. You can now search for comments directly via a new “comments” tab in the search bar. With the new comment search function, users no longer have to click on several comments to find threads when looking for a particular conversation. Today’s announcement comes a few weeks after Reddit rolled out out the ability to search comments, alongside a few other search-related features. It’s worth noting that Reddit isn’t the only digital platform to launch a community fund, as Facebook launched a community fund in 2020 to provide funding to support “local communities’ efforts to build their resilience and social cohesion around the world.”
Reddit also provided $5,000 to fund a nomination-based gifting event for r/pan streamers. The company also provided $5,000 to gift 25 children whose families were facing financial hardship with $200 worth of gifts on Christmas.
We believe that empowering communities to do more by awarding funds to support their best ideas is one way we can accomplish this.”Īs part of the initial experiment, Reddit provided $5,000 to fund a photography competition and another $5,000 to fund a comic-creation competition. “Community Funds aligns with our mission of bringing community, belonging, and empowerment to everyone in the world. “We want to foster more opportunities for connection by making Community Funds official, with $1 million in funding,” Reddit said in a blog post about the announcement. Reddit plans to build out more submission details and guidelines in the future. Projects will be selected based on their creativity, feasibility and community impact. The company will accept nominations for projects needing between $1,000 to $50,000 in funding. Starting in June, Reddit will invite communities to submit ideas for projects, events, contests and more. With this new $1 million investment, Reddit says it’s making the Community Funds official in order to to create more opportunities for its users. Among the 13 projects was a digital conference for history buffs and a community-designed musical artist billboard in Times Square. Throughout the duration of the experiment, Reddit funded 13 projects that were nominated by communities on its platform. The company has been experimenting with its Community Funds program for the past six months and provided financial support to help Reddit users bring their ideas for events and projects to life.
Reddit is investing $1 million in its Community Funds program, the company announced on Monday.
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