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Alexis Ohanian

Alexis Ohanian

Creator
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Reddit/Initialized; founder stories, early‑stage building, and investing perspectives.

Recent Posts

Taxing Unrealized Startup Equity Ignores High Failure Rate
Social•Dec 28, 2025

Taxing Unrealized Startup Equity Ignores High Failure Rate

It's deeply troubling to me that people really think this. The argument that taxing unrealized startup equity like real estate is like taxing lottery tickets based on what someone might win. Houses don’t expire worthless. Startups do. Most of them.

By Alexis Ohanian

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