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Fortune
Fortune
Eleanor Pringle

Reddit cofounder Alexis Ohanian says this is the biggest regret he hears from other CEOs

Alexis Ohanian and daughter Olympia Ohanian Jr looks on vs Danka Kovinic of Montenegro during Women's 1st Round match at Arthur Ashe Stadium. Flushing, NY 8/29/2022 (Credit: Erick W. Rasco—Sports Illustrated - Getty Images)

It's not a deal gone wrong. It's not hiring the wrong person. It's not even missing out on a massive opportunity.

No, the greatest regret Reddit co-founder Alexis Ohanian hears from his fellow entrepreneurs is entirely personal—and has been echoed by some of the most successful founders of our time.

Writing on Elon Musk's social media platform X—formerly known as Twitter—the father-of-one said the regret from peers he hears most frequently is: "I wish I'd spent more time with my kids."

The tech titan who shares a daughter with tennis legend Serena Williams continued: "You can have the most successful career in the world and, turns out, that still won’t make up for missing time with your kids."

When it comes to successful careers, Microsoft co-founder Bill Gates is likely up there. But even then the man worth $133 billion said he wishes he'd spent more time with family.

In his recent commencement speech to the forestry and engineering graduates of Northern Arizona University, Gates told his audience: “You are not a slacker if you cut yourself some slack. When I was your age, I didn’t believe in vacations. I didn’t believe in weekends. I pushed everyone around me to work very long hours." 

But a so-called "new generation" of CEOs is emerging, Ohanian added, who are working hard to get the balance right when it comes to their priorities: "CEOs around me are starting to understand this and want to be amazing leaders, partners, and dads.

"It's like a whole new era of fatherhood is emerging—we are trying to do our best work, but show up in ways our Dad's didn't (or couldn't)."

Ohanian, who is now expecting a second daughter with the 23-time Grand Slam holder, added the much-touted mission to find a proper work-life balance shouldn't be the end goal: "It’s a harmony, not a balance.

"I'm finding that harmony now and it brings me comfort that there's a whole generation of CEOs/founders/Dads finding it with me."

Musk and Zuck on fatherhood

Ohanian isn't the only tech founder who has talked about the impact having children has had on their lives—and business decisions.

In 2010 Tesla CEO Elon Musk penned a piece for Business Insider about his life as a then father-of-five.

The Twitter owner wrote his boys—whom he shares custody of with his ex-wife Justine Musk—were the "love of [his] life," adding: "Almost all of my non-work waking hours are spent with my boys."

Meanwhile Musk's rival—Facebook co-founder and Meta CEO Mark Zuckerberg— said having children had changed his outlook on life "pretty dramatically."

In 2017 the father-of-three told students at North Carolina Agricultural and Technical State University on Monday: “I used to have meetings that ran really late. But now, I make sure that three times a week, I’m home to give [his eldest daughter Maxima] a bath.”

The Threads founder, reportedly worth $111 billion, added: “The thing that I’m most proud of, and the thing that brings me the most happiness, is my family.”

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