Reddit names first black board member after Alexis Ohanian quits
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Ohanian, the husband of tennis star Serena Williams, had quit from his seat on the board of the social news company to be given to a black candidate.
Y Combinator CEO Michael Seibel is set to join Reddit's Board of Directors, replacing the company's co-founder Alexis Ohanian.
Ohanian, the husband of tennis star Serena Williams, had quit from his seat on the board of the social news company to be given to a black candidate.
"In addition to his vast experience guiding companies in every part of the tech sector, Seibel has consistently promoted diversity and inclusion in the startup world," Reddit said in a blog post while making the announcement.
Seibel is also the cofounder of Justin.tv, the interactive video platform that later transformed into Twitch.
Born in Brooklyn, Seibel graduated from Yale with a degree in political science.
Seibel led Justin.tv as CEO from 2007 to 2011, then co-founded and served as CEO of Socialcam, a popular social video app and another successful Y Combinator startup.
In 2012, Socialcam sold to Autodesk, Inc., and in 2014, Twitch Interactive sold to Amazon for $970 million.
Seibel started working part time at Y Combinator in 2013, became a partner in 2014, and then CEO of the accelerator programme in 2016.
Ohanian said in an online post that he had resigned from the board of Reddit, which he co-founded 15 years ago. He vowed to use any future gains on his stock in the enterprise to serve the black community, predominantly by curbing racial hate.