Initialized Capital's Katelin Holloway brings HR to the cap table - Business Insider

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A venture capital firm started by Alexis Ohanian has hired away Reddit's head of HR to bring culture to startups

. The demand for their skills means tech workers don't necessarily have to stick it out at a job where they're not happy.Garry Tan and Alexis Ohanian are the cofounders of Initialized Capital.whose skills are necessary to build a high-growth startup. The firm, which was cofounded by Holloway's old boss, Alexis Ohanian, has partners who come from engineering, design, product, and communications.

Holloway said she wanted to get into investing so she could serve many more startups as their culture guru. In addition to sourcing deals, she will mentor founders across the portfolio on questions they have, like, why they need structured compensation, and how to handle on-boarding, reviews, and exit interviews.

She hasn't made her first deal yet, but said she's particularly excited about cutting checks to female founders and companies building tools for women's health, human resources, and distributed workforces.Before investing, Holloway was the first human resources hire at Reddit. She joined the company in 2016 after its reputation in Silicon Valleyby a series of crises, including a user revolt and high-profile ousting of its female chief executive.

Holloway was the architect of the company's family policy, one of the most expansive in the industry. Reddit offers four months parental leave for male and female employees, and gives them a $18,000 stipend for expenses related to family-planning, including egg-freezing, in vitro fertilization, and adoption.

 

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