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He's a cool guy with a great personality but Reddit was his first startup and it had a tiny exit, certainly not enough for angel investing. I don't see angel in
by pinksoda 16y ago
He's a cool guy with a great personality but Reddit was his first startup and it had a tiny exit, certainly not enough for angel investing. I don't see angel investing as the next logical step for him.
I'd like to see him pull off another startup and grow it to be as big as Reddit is, then everyone would know it wasn't just luck and would have much more confidence in him.
As an angel investor, what is he bringing to the table? He has some experience with startups but not a whole lot. He was a non-technical co-founder and spent most of his time using Reddit like any other user. He didn't do any coding, scaling, or sysadmin work. Reddit isn't even profitable.
He did draw the Reddit alien though...
- tomhoward 16y agoAs a recipient of angel funding from several investors including Alexis, I can tell you he's one of the very best you could hope for. Sure, he's not a hacker and he doesn't pretend to be. An angel doesn't need to be. But his insights into cultivating and maintaining a highly engaged online community, developed over four years both before and after Reddit's acquisition, could be trumped by very few people in the world if any. Alexis has already made small, early-stage investments in about 10-15 companies. He invests in companies where he is excited by the concept and the founders, and he goes far beyond the norm in offering advice, moral support, and of course mascot design. I'd strongly recommend him to any startup that was lucky enough to rouse his interest.