In “King Richard,” the 2021 drama depicting the budding tennis careers of the Williams sisters, Will Smith’s character Richard Williams turns down opportunities so big for his daughter Venus that it makes your jaw drop. It worked out great for him and his sister Serena in the end.
If only the social-media platform Reddit—co-founded by Serena Williams’ now-husband, Alexis Ohanian—had that kind of nerve and timing. Redditors took the market by storm last year, fueling a retail frenzy in meme stocks like GameStop that changed investing fundamentals. on their head, in short making the WallStreetBets Forum the center of the financial universe. Founded in a dorm room in 2005, like Facebook a year ago, Reddit is one of the most visited websites in the world today, with over 50 million daily active unique users as of January.