Reddit just filed to go public. The online forum's cofounder is a big fan of Warren Buffett — and once baffled him with a classic Reddit conundrum



Ohanian is a person.

Solana.

The online forum that helped fuel the meme-stock and cryptocurrencies booms this year has confidentially filed to go public.

The social-media company's co-founder and former chairman is a big fan of Warren Buffet, who once baffled the CEO with a question on the website.

A follower of the man.

Ohanian's creation may be home to irreverent subreddits such as Wall Street Bets, but he's been praising Buffett and the investor's business partner for more than a decade.

He exclaimed in 2010 that Charlie Munger was a beast.

Initialized Capital, the venture-capital firm Ohanian co-founded in 2011, counts Opendoor, Instacart, and Coinbase among its investments.

He told CNBC after attending the annual shareholder meeting that he heard Warren and Charlie talk about the same values that they look for in a founder. We look for entrepreneurs the same way they look for managers.

"We would love for our firm to have the kind of reach and impact that the company has had," he said.

There are ducks and horses.

During the annual meeting of the company, Ohanian asked the most popular question on the internet, "How much do you pay?"

"Would you like to fight one duck or 100 duck-sized horses?" the interviewer asked on Ohanian's behalf.

"You've gone to the wrong place to find the answer, right?" the investor asked.

"I would buy a bunch of ducks and horses that meet the test, and we would have a real-life illustration," he joked. I don't bring any insight to that one.

Ohanian probably didn't get the answer he wanted. He'll be hoping that some of the lessons he's learned from Munger andBuffett have trickled down to the public.

Business Insider has an original article.