A decade ago, Snoop Dogg, the legendary rapper, took a chance on young entrepreneur, Alexis Ohanian’s Reddit which is a ten-billion-dollar giant now. Today, when Ohanian’s Reddit venture is gleaming with success, he did not forget to acknowledge one of his earliest investors. Smooth talking about the platform’s widespread appeal and cultural relevance, convincing didn’t take Sam Altman much time to get Snoop Dogg on board to eventually land a sizeable $50 million (£31 million) in funding.
The 40-year-old American entrepreneur recently took to his Twitter handle to share a post specially dedicated to the American rapper. “Beautiful day in LA. I appreciate this city so much. Got to catch up with a lot of friends. Some of you may know @SnoopDogg was one of our earliest investors at @reddit during our spin-out & turnaround. Very few people wanted to invest in us back then. Snoop did. And ya never for get your Day Ones,” read the tweet.
Reddit, at the time, was just coming out of a phase when it received a lot of criticism. These criticisms centered primarily around the platform’s delayed action to ban a community called “The Fappening” that was devoted to posting privacy-compromised nude images of celebrities. Just weeks after the ban in 2014, when the time came for the platform to spin out, renowned actor Jared Leto and legendary hip-hop artist Snoop Dogg rose to the occasion.
Interesting fact: At the time, their investment valued the company at just $500 million. A decade on, Reddit’s valuation currently stands at an astounding $10.68 billion, indicating a notable rise in value from the previous years.
The deal was led by Sam Altman, the president of the start-up incubator Y Combinator, which backed Reddit when it debuted in 2005. When Mr. Altman made the initial offer to Reddit, he said, he asked the company for a wish list of investors. “Snoop was high on the list,” Mr. Altman said. “We asked him to invest, and he said yes.”
Apart from being a significant investor in Reddit, Snoop Dogg also has a great bond with Alexis Ohanian’s tennis legend wife Serena Williams. In fact, Snoop Dogg, whose cousin Aunjanue Ellis portrayed the mother in the movie, was emotional after watching the biopic of King Richard.
Serena Williams’ father King Richard’s biopic got Snoop Dogg “crying”
Both fans and critics have written ecstatic reviews of King Richard, a biopic that chronicles the life of Venus and Serena Williams and their father Richard Williams. The film aims to capture the relationship between the main characters. American rapper Snoop Dogg was one of many people who couldn’t contain his emotions after viewing the docu-drama.
Back on April 11, 2022, Snoop Dogg took to his official Instagram profile to share his thoughts with teary eyes – “Damn, I just watched King Richard. The Williams family, shoutout to my cousin Aunjanue, who played the mother, Will Smith, and the little girls that played Venus and Serena. Y’all got me crying on this tour bus,” Snoop Dogg said.
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Nevertheless, what are your thoughts on the beautiful involvement of Snoop Dogg with Serena Williams and Alexis Ohanian? Let us know in the comment section below!
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