Entrepreneurs’ Serious Mistake Worth $200,000,000 Prompts Serena Williams’ Husband Alexis Ohanian to Send a 3-Word Warning to Up and Coming CEOs

Alexis Ohanian, husband of Serena Williams, is an established businessman. The Brooklyn native created Reddit in 2005 and found instant success with the social media platform. Since then, his advice on social media platforms has become gospel for inspiring entrepreneurs. However, a recent word of wisdom by Ohanian was just in jest as he witnessed the collapse of a social media giant. 

Prior to his jokes, the entrepreneur dished out serious advice to new founders. This time, his advice targeted aspiring entrepreneurs fresh out of school and how they could adapt to the new world. 

Serena Williams’ husband Alexis Ohanian about the downfall of big platform

In 2022, IRL was another company that was struggling with the impact of Covid-19. Even though the company underwent a mass layoff, the founder and CEO, Abraham Shafi, said that the platform was thriving. As per him, there were 20 million active monthly users who were talking to each other and planning their daily life. Additionally, the platform was able to raise $200 million in funding.

However, after an investigation by the members of the board, the CEO found himself with a suspension. A spokesperson recently said that 95% of the users were automated and did not exist in real life. As a result of the probe, the company shut down. Further, the capital was returned to stakeholders.

Noticing the downfall of a promising platform, the Reddit co-founder, dropped a gold nugget when he heard the news. He shared the news on his Twitter page with a simple piece of advice for the up-and-coming CEOs. He said, “Wow. CEOs: don’t do this.“

While this time, Ohanian’s advice was short and precise, he explained the business world properly in an earlier Twitter thread.

Alexis Ohanian’s advice for amateurs

 The Queen of the Court’s spouse recently shared his experience in the form of wisdom for amateur businessmen. In a recent Twitter thread, he drew a comparison from school to the real world. His main focus was on the feedback. In school, any mistake provokes feedback and can be fixed. But in the field of business, feedback is unclear, and one has to keep testing various ways to figure out which works best for them.

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He also said that, unlike school, real life does not have a syllabus. Therefore, one must aim to learn as much as one can. With a portfolio as impressive as his, his pieces of advice could be of great help to many. An aspiring entrepreneur would surely think about what Ohanian said at least once.

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