Squawk Pod Alexis Ohanian’s New Stake in Chelsea Women FC 5/15/25
May 15, 2025
Alexis Ohanian, co-founder of Reddit and founder of VentureFirm 776, recently invested in Chelsea Women FC, showcasing his commitment to women's sports. He discusses the bright future of women's soccer and the challenges of monetizing sports in the digital age. The conversation touches on the role of AI in enhancing fan experiences and the broader implications for technology in sports. Ohanian also offers insights into major market trends, including corporate acquisitions and the latest controversies affecting platforms like Reddit.
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Ohanian's Sports Ownership Journey
- Alexis Ohanian shared how he became a minority owner in Chelsea Women FC after founding Angel City FC.
- He aims to build Chelsea as America's team, emphasizing its excellence in women's football.
Women's Sports Valuation Boom
- Women's sports valuations have grown rapidly but reflect long-overdue recognition.
- Massive social media followings show strong fan engagement and revenue potential.
Changing Sports Media Landscape
- Traditional media rights in sports will grow but new monetization methods will emerge.
- Younger fans consume highlights on phones more than full games, changing sports economics.