Alexis Ohanian's Venture into Women's Sports Business
Alexis Ohanian, co-founder of Reddit and husband of Serena Williams, ventured into women's sports business by becoming the lead investor of a National Women's Soccer League expansion team. His team, Angel City FC, became the most valuable women's sports franchise in the world after an agreement to sell to Disney CEO Bob Iger and his wife. Ohanian also advocates for women's athletics and believes in the growth potential of women's sports.
Key Points
- Ohanian co-founded Reddit in 2005
- Became lead investor of Angel City FC, a NWSL expansion team
- The team became the most valuable women's sports franchise in the world
- Advocates for women's athletics and sees the growth potential in women's sports
Pros
- Advocacy for women's athletics
- Successful investment in women's sports business
- Helped grow the popularity and value of women's sports franchises
Cons
- Initial doubt and skepticism from others about investing in women's sports