This Week in Startups Alexis Ohanian on Reddit's potential IPO & more | E1893
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Feb 7, 2024 
Alexis Ohanian, co-founder of Reddit and a venture capital enthusiast, shares insights on Reddit's anticipated IPO and its growth driven by community engagement. He discusses invaluable advice for young entrepreneurs and highlights the evolving landscape of venture capital. Ohanian also reflects on the importance of building strong relationships with investors and navigating challenges in securing funding. His take on the balance between innovation and accountability offers a fresh perspective on the entrepreneurial journey.
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Reddit's Resilience
- Reddit survived and thrived during its languid years at Condé Nast due to its community's loyalty and engagement.
- This highlights how deep-rooted communities can support a product even when the organization behind it lacks direction.
Emerging Manager Challenges
- Emerging managers need to navigate a lengthy sales cycle to secure commitments from LPs.
- Relationships matter greatly, as institutional investors often take years to finalize their decisions.
Nurturing Relationships with LPs
- For emerging managers, track record and business risk are main concerns for LPs.
- It's critical to build long-term relationships to ensure trust and facilitate smooth capital commitments.