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The origins of Ohanian's wealth are rooted in the explosive growth of Reddit. Launched as a simple link-sharing site, it quickly evolved into a sprawling ecosystem of niche communities, known as subreddits. The platform's unique culture and user-driven content made it a cornerstone of the internet, eventually leading to a lucrative acquisition by Condé Nast in 2006. While he left Reddit relatively early on, the proceeds from this sale provided the foundational capital for his next ventures. However, it would be a mistake to view Ohanian solely as a lucky founder who cashed out; his subsequent career has been defined by a series of calculated and often prescient investments.
