In a world where actions echo louder than promises, Alexis Ohanian, the beloved of Serena Williams, is shaping the sound of change with a force only a few dare to harness: capitalism. In a recent IG post, the Reddit co-founder and visionary investor laid it out plainly: “Capitalism can be a powerful force for change, and a sold out stadium for @weareangelcity is one of the best examples I’ve ever seen of it. When money talks—even the haters have to listen.” That fire isn’t just limited to women’s sports; it’s blazing across both sides of the game, reshaping the business of belief and breaking old myths wide open.
As Olympia, his daughter with Serena Williams, grows, Ohanian sees the shift happening right before her eyes. She’s seven now, but by 18, he sees her walking into a world where balance exists in places it never did. “Ten years from now, when my oldest, Olympia, is 18, I think most of the major sports will be seeing quite comparable pay. This is what I think is the very best of Capitalism,” he added. It’s a future he’s not just predicting, he’s building it, brick by brick, investment by investment.
Rewind to 2019, and the noise was deafening. “Back in March in 19, when everyone started telling me, Oh no one watches women’s sports, you’re gonna waste all your money,” he recalled. But then the tides turned, and the critics were silenced. “The loudest detractors had to take a seat once they saw 22,000 people in a sold-out crowd for Angel City’s opener.”
In 2020, he went all in, becoming a founding investor and the largest shareholder of Angel City FC. Fast forward to 2024, the team was sold for a stunning $250 million. Talk about flipping the script. And if there was any doubt left, Ohanian crushed it with words that cut through:
“Capitalism can be a tremendous force for social change and I think this is one of the great examples of it. It gives me some hope to see this thing that I know that is not always meant for social progress in a demonstrable way to prove, yes, these women deserve it.” He wrapped it with truth sharp as steel: “The folks who believe in women sports, they were on board, the folks who weren’t, probably though no amount of coercion would have, and if you have that many people paying attention, and that many dollars flowing into in these teams, you now have to just get take your seat and say okay, yeah, I guess, I was wrong. Like Ball, Don’t lie, this money doesn’t lie.”
(This is a developing story…)
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