“Resignation can be an act of leadership”: Why Alexis Ohanian gave up his Reddit board seat

Sarah Todd
“Resignation can be an act of leadership”: Why Alexis Ohanian gave up his Reddit board seat

A lot of business leaders talk a big game about their commitment to diversity, while making very little progress in actually adding people of color to their boards and C-suites. Ohanian, who is co-founder of the early-stage VC fund Initialized, the husband of tennis superstar Serena Williams, and a proud dadfluencer, said he was motivated to act “as a father who needs to be able to answer his Black daughter when she asks: ‘What did you do?'” He also pledged to use profits from his Reddit stock to serve the Black community, beginning with a $1 million donation to Know Your Rights Camp, the racial-justice nonprofit founded by football quarterback Colin Kaepernick.