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Alexis Ohanian on his plan to back more emerging managers



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Alexis Ohanian, Reddit cofounder, venture capitalist, and enthusiastic Twitter user, quietly announced a new initiative last week out of his venture firm, Seven Seven Six (776): the 776 Titans Fund. The new fund, as the firm describes it, plans to “focus on emerging managers, each with their own influential distribution channels and unique operational experience in backing start-up ventures.” The firm added in a statement that each fund will operate independently and will receive an initial $500,000 investment from 776, along with access to Cerebro (the proprietary operating system of the firm), and ongoing support from Series, an enterprise digital finance platform whose seed round was led by 776.
Already, three teams have received checks from …

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