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Reddit Co-Founder Alexis Ohanian Resigns From Board, Pledges Millions Toward Efforts To “Curb Racial Hate”
Dade Hayes Finance EditorAlexis Ohanian, co-founder of Reddit and husband of Serena Williams, has resigned from the company’s board and is recommending his spot be taken by a Black candidate.In addition, Ohanian wrote in a blog post that he would use future gains on his Reddit shares “to serve the black community, chiefly to curb racial hate.” He said he would start with a $1 million pledge to Colin Kaepernick’s Know Your Rights Camp, which the former NFL quarterback founded in 2016. Twitter CEO Jack Dorsey this week said he would donate $3 million to the same cause, which now operates in seven U.S.
