Reddit co-founder Alexis Ohanian on social media platforms regulating content

"We've gotten way ahead of our skis in terms of the impact that it's had," Alexis Ohanian, Reddit co-founder and founder of the VC fund 776 and co-founder of Initialized Capital, told CNBC's "Squawk Box" on Friday. "Government does tend to get pretty ham-fisted with solutions, and I don't think this is a sledge hammer; I think this should be more like a scalpel."