Reddit co-founder Alexis Ohanian joins Frank McCourt's TikTok bid as 'strategic adviser'

Reddit co-founder Alexis Ohanian has partnered with Frank McCourt and Kevin O'Leary in a bid dubbed "The People's Bid" to acquire TikTok from ByteDance. Ohanian will serve as a strategic adviser, aiming to rebuild TikTok's algorithm in the U.S. to enhance user control over their data. The initiative responds to national security concerns and seeks to utilize a blockchain platform for data transparency. As the deadline approaches for a forced sale, questions remain about regulatory acceptance and ByteDance's willingness to divest.

Ohanian's role as Strategic Advisor for Project Liberty and The People's Bid for TikTok brings invaluable expertise, perfectly aligning with our transformative approach.

I've spent my entire career building tech that puts power back in people's hands - that's what got me excited about The People's Bid.

Read at New York Post