Reddit Co-Founder Alexis Ohanian Resigns From Board, Pledges Millions Toward Efforts To “Curb Racial Hate”
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deadline.comDade 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. cities.The move comes after nearly two weeks of upheaval in the wake of the death of George Floyd at police hands in Minneapolis.
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