Reddit closed up 48%, at $50.44/share, in its NYSE debut, valuing the company at ~$9.5B on a fully diluted basis, just shy of its $10B valuation in August 2021
even for y'all. Rat King / @mikeisaac : apparently Reddit's IPO included the first bell-ringing carried out by a “non-human entity” — in this case, the alien Snoo [image] Trevor Scott / @tidefallcapit...
Bored Ape Yacht Club launches ApeCoin, or $APE, with 1B in total supply, and forms the ApeCoin DAO, whose council members include Alexis Ohanian and Amy Wu
Even among the fastest-growing crypto startups, Yuga Labs has had a particularly explosive year. — The startup is behind …
Sorare, an ethereum-powered marketplace for creating and trading football NFTs, raises $50M Series A led by Benchmark
Quick Take — NFT marketplace Sorare has raised $50 million in Series A. — The round was led by Benchmark, with participation from Accel, Reddit co-founder Alexis Ohanian …
Rally raises $17M from Porsche Ventures, Alexis Ohanian, and others for its service that lets users list and invest in, but not buy, collectibles
SEC filing: Alexis Ohanian is raising a fund called 776, with a target of $150M, three months after leaving Initialized Capital
Natasha Mascarenhas / TechCrunch :
VC firm Initialized raises $230M for its fifth fund and says the fund was “heavily oversubscribed” despite the departure of co-founder Alexis Ohanian
- Existing portfolio includes unicorns Instacart, Coinbase, Ro — Fifth fund “heavily oversubscribed” despite co-founder exit
Sentropy, which makes AI-based software to identify, track, and purge online abuse, emerges from stealth with $13M from investors, including Alexis Ohanian
Ingrid Lunden / TechCrunch :
Alexis Ohanian and Garry Tan's VC firm Initialized Capital raises $225M for its fourth fund
the Honeybadger fund— set aside specifically for teams working on ideas that are too early for other investors. http://twitter.com/... Alexis Ohanian Sr. / @alexisohanian : Back to work. http://twitte...
Online fraud detection startup Sift Science raises $53M Series D led by Stripes Group; its previous investors include Alexis Ohanian, Marc Benioff, Max Levchin
Paul Sawers / VentureBeat :
Alexis Ohanian, Garry Tan, and Harj Taggar's VC firm Initialized Capital raises $115M for its third fund for early stage startups
Initialized Capital, an early stage venture capital firm started by former Y Combinator partners Alexis Ohanian, Harj Taggar, and Garry Tan, has raised $115 million for its third fund.