Alexis Ohanian: A Champion for Women’s Sports
On July 9, Alexis Ohanian, co-founder of Reddit and husband of tennis great Serena Williams, shared an emotional moment on social media, reflecting on his significant role in promoting women’s sports. This recognition came after Serena affectionately dubbed him “the GOAT of investing” during a public appearance.
Recognition and Commitment
In her praise, Serena stated, “My husband Alexis Ohanian is I think the best VC investor there is… what he’s done for women’s sport… he started a whole movement of billions and billions of dollars.” This acknowledgment resonated deeply with Ohanian, who humorously captioned his post, “When the GOAT calls you the GOAT…”
Serena elaborated on her view of greatness, noting, “for me to firsthand see what it takes to be great… having an opportunity to work with the best and be the best… it’s priceless.” This sentiment reflects the genuine partnership they share, both personally and professionally.
Investing in the Future of Women’s Sports
Ohanian’s commitment to women’s sports goes beyond mere acknowledgment; it is grounded in strategic investment and advocacy. He identified what he termed a “tsunami” of opportunity in women’s sports as early as 2019, leading him to invest in initiatives such as Angel City FC—a professional soccer team—and the 776 Invitational.
- Angel City FC was acquired for around $1 million but is now valued at approximately $300 million, showcasing its growth potential.
- Other notable investments include the Miami Dolphins, Los Angeles Golf Club, and the WNBA’s Toronto Tempo team.
Serena highlighted the broader implications, stating, “This moment is not just about basketball… women’s sports are an incredible investment opportunity.” This underscores the strategic angle of Ohanian’s involvement, emphasizing the financial viability alongside promoting equity.
Leading by Example
Ohanian sees his advocacy as an investment in the future rather than an act of charity. As a self-described “proud girl dad” and partner to a sports trailblazer, he draws on personal experiences to fuel his passion for empowering women in sports.
His strategic philanthropy extends to collegiate athletics as well. In late 2024, he contributed $1 million to the University of Virginia’s women’s basketball program, a testament to his belief in their potential. He publicly voiced his support, tweeting: “Women’s sports is just great. Period.”
The Impact of Ohanian’s Advocacy
Through his investments and voice, Alexis Ohanian is not just supporting women’s sports; he is actively helping to reshape the perception and infrastructure surrounding them. His actions demonstrate a commitment to building a sustainable future for women athletes, ensuring they receive the recognition and resources they deserve.
Ohanian’s journey reflects a growing movement within the investment community, recognizing the untapped potential of women’s sports as both a profitable venture and a platform for societal change.
