Ohanian's early exit from Reddit meant a missed financial windfall at the IPO, despite his 2014 return and impact.
Reddit's journey from a college dorm room idea to a publicly traded entity capped off with a $6.4 billion IPO on Thursday, cementing its place as the newest social media company to go public.Yet, Alexis Ohanian, the co-founder whose early vision shaped Reddit, was not among the beneficiaries of the corporate milestone, or the financial windfall attached to it.
During that period, Ohanian focused on enhancing community engagement, improving product development, and fostering a company culture capable of moving Reddit from a startup to a more structured organization.He would remain in this position until 2018, but kept a seat on the board, as he shifted his focus towards broader advocacy and entrepreneurial efforts.
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