Ohanian, who is married to tennis legend Serena Williams, explained that his daughter was one of the reasons why he decided to resign.

"I co-founded Reddit 15 years ago to help people find community and a sense of belonging.

I’m writing this as a father who needs to be able to answer his black daughter when she asks: 'What did you do?'"

Ohanian wrote.

"I have resigned as a member of the reddit board, I have urged them to fill my seat with a black candidate, and I will use future gains on my Reddit stock to serve the black community, chiefly to curb racial hate, and I’m starting with a pledge of $1M to [Colin Kaepernick’s Know Your Rights Camp].