After stepping from his co-founded online platform, the husband of Serena Williams launched his venture capital firm Seven Seven Six. As a crypto enthusiast, Alexis Ohanian used that platform to provide funding to various non-fungible-token projects. The American internet entrepreneur reportedly also planned to raise a whopping $776 million for two of his projects.
However, Ohanian’s plans might be in jeopardy as his venture capital firm got exposed to the recent collapse of Silicon Valley Bank. Speaking of it, the Reddit co-founder expressed his concerns about the adverse phase in the country.
Serena Williams’ husband, Alexis Ohanian projects might get affected by the recent collapse
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The American internet entrepreneur somehow managed to remain a calm figure amidst the recent collapse of Silicon Valley Bank in the country. A number of investors were affected by the same, including the Reddit co-founder. The tech entrepreneur, who has often been vocal on his online platforms, talked about the difficult situations triggered by the collapse of the SVB.
During the dark phase, Alexis Ohanian is urging others to listen to some enlightening podcasts based on the SVB collapse. He said, “Must-listen pod from @brextonpham of @seriesfinancial — always bringing great vibes and sober pov.”
Ohanian also lavished praise on the Series CEO who was the main guest of that podcast show. Brexton Pham also came across that Teet and later expressed his gratitude in the comments section. He said, “Thank you 😭 Truly hoping none of us have to go anything remotely like that ever again lol”
Must-listen pod from @brextonpham of @seriesfinancial — always bringing great vibes and sober pov. https://t.co/W9jucgXqqb
— AlexisOhanian7️⃣7️⃣6️⃣ (@alexisohanian) March 15, 2023
Ohanian replied by saying, “Slept for an amazing 8.5hrs last night and it still wasn’t enough lol,” as he suggested his concerns about the adverse phase in the country.
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Williams’ husband also lauded the Federal government’s move
A number of investors were affected by the collapse of the SVB, but the American entrepreneur has lauded the authorities’ recent decision regarding the same. Ohanian took to his social media to praise the Federal government as they have now allowed the users to have access to their accounts.
The Reddit co-founder believes that it was a great move, considering the plight of the depositors. Ohanian talked about the same during an interview with Squawk Box, in which he thanked the authorities for stepping up.
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WATCH THIS STORY: Serena Williams pays tribute to Roger Federer.
What do you think of Ohanian’s opinion on the recent decision of the government? Let us know in the comments section.