Alexis Ohanian, the husband of Serena Williams, has been on a path of growth for a long time. He quit Reddit in 2020 but the co-founder of the social media platform never stopped working hard. Additionally, he created the Seven Seven Six Foundation, which is a venture capital business. With his venture capital company, he has been supporting several up-and-coming companies. Recently, he announced a partnership between Seven Seven Six Foundation and a company called LALA on his Instagram.

It is clear that Ohanian loves to get involved with tech companies and he has further strengthened that belief with this latest investment. So, what is LALA about?

Like Serena Williams like Alexis Ohanian

Along with the several businesses Ohanian has invested in, LALA is the latest one. He shared the announcement on his Instagram account where he shared a post talking about the collaboration between Seven Seven Six and LALA. In the video, they talked about the platform and also several new things that they will be doing. Additionally, they also discussed what LALA brings to its consumers.

LALA is a one-stop solution for fans of several communities. They want to build a next-level experience for fans. Therefore, a proper community can be created and fans can have a direct engagement with the creators of the media. Fans can even buy a small share of their favorite TV shows and movies. Even Ohanian shared his excitement at the news. He said that the concept was quite exciting for him.

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Ohanian captioned the post, “Welcome to the future of fandom! I’m so excited to announce our latest @776fund investment in @lala_xyz_ the first-ever digital collectible marketplace that allows entertainment fans to own a piece of their favorite movies and TV shows. Powered with blockchain technology, LALA is bringing a new level of ownership and access to the stories we all know and love. Learn more at lala.xyz”.

Alexis Ohanian’s Angel City investment

In addition to his investment in LALA, Ohanian has invested in a lot of businesses otherwise. The Reddit co-founder also put in money on a football team called Angel City FC. In total, Ohanian made an investment of around $100 million. The team recently made their first pick and managed to get the USWNT phenomenon, Alyssa Thompson.

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Alexis Ohanian has started a campaign to improve small businesses as much as he can. He has invested in a large variety of businesses over time. With another company being backed by him, they are looking up to a lot of success.