#96: Building Reddit, Posterous.com & Initialized Capital with Alexis Ohanian & Garry Tan

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Today, we have two amazing people behind the widely successful early stage venture capital firm, Initialized. Today, they discuss the power of coaching, the cryptocurrency space, building teams and community, and some tech trends to watch out for.

Dubbed as “Mayor of the Internet,” Alexis Ohanian is the Co-Founder of Reddit, Breadpig. He was a former partner at Y Combinator before co-founding Initialized.

Garry Tan is also a Co-Founder of Initialized, Posterous.com, and Posthaven.com. Also a former partner at Y Combinator, where he advised over 700 companies. In addition to that, he is the first seed investor at Instacart and Coinbase which will discuss in greater detail on the episode.

About:  
Lives In: Bay Area
Current Job Founders
Date Recorded 4/12/2018


Show Notes:

[01:45] How Alexis and Garry met and what pushed them to start Initialized. Garry shares about Posterous and the internet trends and shifts over the years.

[08:44] Garry shares how you can identify technology shifts and trends that you can focus on and the hard part about the crypto cycle today. Think of yourself as an investor!

[11:05] Why decentralization is a big inflection point relative to huge tech companies

[16:30] Is now the best time to get into the crypto space? What you can do at this point, what to be cautious with, and the concept of building a community around it.

[20:15] The secret sauce for building the right team: Garry dishes out how you might be investing in the wrong company

[23:20] Having been in the game for 15 years, Alexis shares his advice to people new to this game and their stories and stances on immigration, paternal leave, and hiring.

[27:44] Their thoughts on instilling balance into the culture of an organization, leveraging the value of relationships, and why social can be anti-social

[32:40] Alexis zeroes in on the power of coaching and mentorship and why he’s pushing people away from “Mentors.”

[42:00] The positive role media can play in people’s lives and the pitfalls you should avoid: Alexis emphasizes the responsibility users have in telling stories

[45:30] Garry and Alexis’ tweets to the world and the one thing people outside of tech don’t realize about tech. Alexis shares what you can do to be tech-literate and Garry enlightening advice!

Contact Info:

Alexis Ohenian

Instagram: @alexisohanian

Garry Tan

LinkedIn: https://www.linkedin.com/in/garrytan/

Articles & Mentioned Resources:

Learning Resources

Reddit

Breadpig

Y Combinator

Posterous.com

Posthaven.com

Instacart

Coinbase

Personal Projects/Partnerships:

Initialized Capital

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