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“Keep Shining”: Serena Williams Elated With Husband, Alexis Ohanian Raising $150 Million Funds

Published 06/11/2021, 8:39 AM EDT

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Serena Williams’ husband, Alexis Ohanian, has again scaled new heights as he takes his venture capital fund, Seven Seven Six forward. Now he recently announced that the firm has raised $150 million for its first fund. And as a proud wife, Serena Williams congratulated her husband on the achievement.

via Reuters

Alexis Ohanian announced the news on Twitter. And Serena applauded the amazing feat of his venture capital form, Seven Seven Six.

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“Today was a big day for @alexisohanian. About a year ago he started something special called @sevensevensix – today he closed on $150 million. He started with this amazing idea and now he is shining bright. Keep shining bae keep shining.”

via Reuters

Serena Williams’ husband, Alexis Ohanian on investing

Alexis started Seven Seven Six in 2020 and the firm has now gone on to invest in 17 start-ups. He has had a history of being an investor and entrepreneur and famously is the co-founder of the social media website, Reddit. Despite helping a few startups, Alexis feels he could have done things differently, and hence he wants to do it right with the help of Seven Seven Six.

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“When I thought about that track record, and all the things that I’ve been proud of as an entrepreneur and investor, I couldn’t help but feel like I was celebrating the cook. I’m still very proud of that track record, but I know that I could have done better. I want the idea that we’re always on the first starting line trying to do better in pursuit of greater returns.”

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Alexis is also learning from his experience as an entrepreneur and investor to help the budding newcomers. He admits to making some mistakes in the past that could have been avoided and now with his firm he wants to give direction to the founders and entrepreneurs of the companies he will invest in.

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Investment has been another foray that Serena has done well. She has not been an extensive investor like her husband but she has helped a few startups. But, like her husband, she has also called for helping the new entrepreneurs and hence that is what drives her to invest.

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Written by:

Bhavishya Mittal

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Bhavishya Mittal is a tennis author for EssentiallySports, who is currently pursuing his Bachelor's degree in Journalism from Manipal University. A former sports editor for The Manipal Journal, Bhavishya has also worked for The New Indian Express. He has a keen eye for many sports but he is a particularly ardent follower of tennis, with a zest to create riveting articles on the ever-evolving sport.
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