From Web2 to Web3: Alexis Ohanian and Kevin Rose

Kevin is joined by Alexis Ohanian, founder of venture capital firm SevenSevenSix and co-founder of Reddit. Here, they discuss youthful Digg vs. Reddit rivalry, Web2 lessons for Web3 aspirants, the cultural and economic benefits of diversifying the crypto space, NFT collecting, the future of investment, Bored Apes vs. CryptoPunks, the power of community, and much more.

EPISODE LINKS

SHOW NOTES

Welcome to Diggnation: The Lost Episode. [00:26]
Digg vs. Reddit: a snotty rivalry? [01:40]
What happened to travel search site Hipmunk? [10:40]
Why Alexis thinks Twitter and Discord shouldn't exist, and what Web3 will fix. [12:07]
Why Alexis thinks quite a few companies that thrived in Web2 may not make the transition to Web3 as smoothly as they might hope, and what they're forgetting to factor into the equation. [13:40]
"At the end of the day, user experience is what wins." [18:41]
Thoughts on the cultural and economic benefits of diversifying the crypto space -- and really any community. [21:50]
What is Alexis' current involvement with Web3? [25:27]
Excitement over NFTs potentially benefiting the artists who create them -- and their families -- in perpetuity. [28:06]
Is Alexis blockchain agnostic? [29:33]
Considering tech stack against the user experience you're building to accommodate. [30:49]
How Alexis and Kevin gauge the trajectory of their own investments. [32:05]
Will Gen Z grow comfortable enough with DeFi and crypto markets to truly send traditional finance the way of the dodo? [36:44]
Will VCs and Web3 mix? Who will be best poised to pick up the slack from the ones who can't? [41:38]
Why now seems like a historic era of endless possibilities and opportunities that Alexis considers to be the most exciting point of his career. [45:25]
Is there anything more Silicon Valley than algorithms predicting the success of startups by their proximity to said Valley and being given the power to vote in company decisions? Is there anything more Web3 than human beings all over the world thumbing our collective noses at these predictions? [47:18]
Planning the next steps for Seven Seven Six by Web3's increasingly democratizing playbook. [49:54]
How DeFi makes it possible for regular folks to use wealth-building tricks once available only to the very rich and utilize the value of their assets without selling them off. [51:42]
Alexis' thoughts on Bored Apes vs. CryptoPunks. [54:31]
What drives Kevin and Alexis' NFT purchases? [58:28]
Alexis confesses to almost purchasing something once near and dear to Kevin. Kevin recalls Reddit's April Fool's Day rebranding to "Redigg." [59:56]
Advice for busy new parents. [1:00:43]
Alexis' relationship advice, and reflection on the challenges, rewards, and constant opportunities for education that come with being part of an interracial couple. [1:04:11]
"What kind of podcast is this, Kevin?" [1:08:43]
What Alexis learned from fellow girldad Barack Obama. [1:09:38]
Parting thoughts. [1:11:54]

From Web2 to Web3: Alexis Ohanian and Kevin Rose

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