Alexis Ohanian Says Ethereum Is His Best Early Investment

Reddit co-founder Alexis Ohanian is a expertise entrepreneur and startup investor who’s backed 40 unicorns, together with Coinbase, Instacart, Ro, and Unattainable, in keeping with his website.

Ohanian can be the lead investor within the Nationwide Girls’s Soccer League’s Angel City FC via his enterprise capital agency, Seven Seven Six, and he began the first-ever all-women’s observe and discipline meet, Athlos, which concluded in September.

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Nonetheless, he says there’s been one funding up to now that stands out probably the most.

When requested by Harry Stebbings on the 20VC podcast what his “single greatest funding” has been so far, Ohanian mentioned it was a pre-launch token sale.

“It will be Ethereum on the pre-token sale,” Ohanian mentioned, including that, at in the present day’s costs, it has netted him $17.1 million.

Ohanian mentioned he initially invested $10,000, making this the perfect funding (money-wise) up to now.

Ethereum is buying and selling at round $3,600 as of press time.

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