David Lee (investor)
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David Lee (investor)
David Lee (born July 7) is an American angel investor. Lee is best known for his former role at angel investment firm SV Angel, where he was the managing partner for several years. Lee's departure from SV Angel in May 2015 was widely reported and acrimonious, while investor and SV Angel partner, Ron Conway told fund investors that "Lee had breached his trust." Lee was named on Forbes Magazine's Midas list for the years 2014, and 2015. Early career Lee received his bachelor's degree from Johns Hopkins University, his master's degree from Stanford University, and a Juris Doctor from New York University. Lee joined Google in 2003, and was a founding member of Google's New Business Development Team. David later joined Steve Anderson's Baseline Ventures, before joining Ron Conway, Ron Conway's SV Angel in 2007. In 2012, Ron Conway Ronald Crawford Conway (born March 9, 1951) is an American venture capitalist and philanthropist. He has been described as one of Silicon Valley's "sup ...
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Johns Hopkins University
Johns Hopkins University (Johns Hopkins, Hopkins, or JHU) is a private university, private research university in Baltimore, Maryland. Founded in 1876, Johns Hopkins is the oldest research university in the United States and in the western hemisphere. It consistently ranks among the most prestigious universities in the United States and the world. The university was named for its first benefactor, the American entrepreneur and Quaker philanthropist Johns Hopkins. Hopkins' $7 million bequest to establish the university was the largest Philanthropy, philanthropic gift in U.S. history up to that time. Daniel Coit Gilman, who was inaugurated as :Presidents of Johns Hopkins University, Johns Hopkins's first president on February 22, 1876, led the university to revolutionize higher education in the U.S. by integrating teaching and research. In 1900, Johns Hopkins became a founding member of the American Association of Universities. The university has led all Higher education in the U ...
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DoorDash
DoorDash, Inc. is an American company that operates an online food ordering and food delivery platform. The company is based in San Francisco, California. It went public in December 2020 on NYSE and trades under the symbol DASH. With a 56% market share, DoorDash is the largest food delivery company in the United States. It also has a 60% market share in the convenience delivery category. As of December 31, 2020, the platform was used by 450,000 merchants, 20,000,000 consumers, and one million deliverers. DoorDash has been criticized and sued for withholding tips, reducing tip transparency, antitrust price manipulation, listing restaurants without permission, and allegedly misclassifying workers. History In the fall of 2012, Stanford University students Tony Xu, Stanley Tang, Andy Fang and Evan Moore were getting feedback on a mobile app for small business owners when a macaroon store owner told them of her challenges meeting demand for deliveries. In January 2013, they launch ...
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Living People
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Johns Hopkins University Alumni
Johns may refer to: Places * Johns, Mississippi, an unincorporated community * Johns, Oklahoma, United States, a community * Johns Creek (Chattahoochee River), Georgia, United States * Johns Island (other), islands in Canada and the United States * Johns Mountain, a summit in Georgia * Johns River (other) * Johns River (Vermont), a tributary of Lake Memphremagog * Johns Township, Appanoose County, Iowa, United States Other uses * Johns (surname) * Johns Hopkins (1795–1873), American entrepreneur, investor and philanthropist * ''johns'' (film), a 1996 film starring David Arquette and Lukas Haas See also * John (other) * Justice Johns (other) * {{disambig, geo ...
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Angel Investors
An angel investor (also known as a business angel, informal investor, angel funder, private investor, or seed investor) is an individual who provides capital for a business or businesses start-up, usually in exchange for convertible debt or ownership equity. Angel investors usually give support to start-ups at the initial moments (where risks of the start-ups failing are relatively high) and when most investors are not prepared to back them. In a survey of 150 founders conducted by Wilbur Labs, about 70% of entrepreneurs will face potential business failure, and nearly 66% will face this potential failure within 25 months of launching their company. A small but increasing number of angel investors invest online through equity crowdfunding or organize themselves into angel groups or angel networks to share investment capital, as well as to provide advice to their portfolio companies. Over the last 50 years, the number of angel investors has greatly increased. Etymology and origin T ...
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American Businesspeople
American(s) may refer to: * American, something of, from, or related to the United States of America, commonly known as the "United States" or "America" ** Americans, citizens and nationals of the United States of America ** American ancestry, people who self-identify their ancestry as "American" ** American English, the set of varieties of the English language native to the United States ** Native Americans in the United States, indigenous peoples of the United States * American, something of, from, or related to the Americas, also known as "America" ** Indigenous peoples of the Americas * American (word), for analysis and history of the meanings in various contexts Organizations * American Airlines, U.S.-based airline headquartered in Fort Worth, Texas * American Athletic Conference, an American college athletic conference * American Recordings (record label), a record label previously known as Def American * American University, in Washington, D.C. Sports teams Soccer * B ...
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Lucile Packard Foundation For Children's Health
{{COI, date=May 2012 The Lucile Packard Foundation for Children's Health is an independent public charity, devoted exclusively to elevating the priority of children's health and increasing the quality and accessibility of children's health care through leadership and direct investment. The foundation, established in 1996, evolved from Packard Children's Hospital at Stanford University. The foundation is named for noted philanthropist Lucile Salter Packard, who had a lifelong devotion to the health and well-being of children. Programs The foundation is the primary fundraiser for Lucile Packard Children's Hospital; it also works to improve the system of care of children with special health care needs, and it disseminates information to raise awareness and promote action regarding key children's health issues. Fundraising Since 1997, the foundation has raised funds to ensure that Lucile Packard Children's Hospital and the pediatric programs at Stanford University School of M ...
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Zenefits
TriNet Zenefits (legal name: YourPeople, Inc., previously known as Zenefits) is a technology company based in San Francisco, that offers cloud-based software as a service to companies for managing their human resources, with a particular focus on helping them with payroll and health insurance coverage. The company was founded in 2013. History Zenefits was started by Parker Conrad and Laks Srini to help startups and small businesses find insurance quotes and manage employee benefits in one place. It officially launched on February 18, 2013. In January 2014, the company announced the addition of commuter spending, flexible spending, and 401(k) support, to replace functions usually handled by companies' human resources departments. In July, the company announced support for stock options in its cloud HR platform. On April 21, 2015, ''TechCrunch'' reported that Zenefits raised somewhere between $300 million and $500 million at a valuation worth $3 billion, and possibly as high as $ ...
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Snapchat
Snapchat is an American multimedia instant messaging app and service developed by Snap Inc., originally Snapchat Inc. One of the principal features of Snapchat is that pictures and messages are usually only available for a short time before they become inaccessible to their recipients. The app has evolved from originally focusing on person-to-person photo sharing to presently featuring users' "Stories" of 24 hours of chronological content, along with "Discover", letting brands show ad-supported short-form content. It also allows users to store photos in a password-protected area called "my eyes only". It has also reportedly incorporated limited use of end-to-end encryption, with plans to broaden its use in the future. Snapchat was created by Evan Spiegel, Bobby Murphy, and Reggie Brown, former students at Stanford University. It is known for representing a mobile-first direction for social media, and places significant emphasis on users interacting with virtual stickers and a ...
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Product Hunt
Product Hunt is an American website to share and discover new products. It was founded by Ryan Hoover in November 2013. Users submit products, which are listed in a linear format by day. The site includes a comments system and a voting system similar to Hacker News or Reddit. The products with the most votes rise to the top of each day's list. Products are organized into four categories; technology products ( web apps, mobile apps, hardware products, etc.), games (PC, web, mobile apps), books and podcasts. A submission simply requires a product title, URL, and tagline. As of 2016, according to Hoover, the website has led to the discovery of over 100 million products across 50,000 companies. The site also includes a daily email list that sends out yesterday's top tech "hunts" (products) as well as a featured collection. A version of the digest is also available for games and books. Product Hunt is also available as an iOS app, macOS app, an Android app, and Google Chrome ...
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Opendoor
Opendoor Technologies Inc. is an online company that buys and sells residential real estate. Headquartered in San Francisco, it makes instant cash offers on homes through an online process, makes repairs on the properties it purchases and relists them for sale. It also provides mobile application-based home buying services along with financing. As of November 2021, the company operates in 44 markets in the US. History The company was founded in March 2014 by serial entrepreneurs Keith Rabois, Eric Wu, who previously founded Movity, a real-estate startup acquired by Trulia, and JD Ross, now a general partner at Atomic. After raising a $9.95m venture capital round led by Khosla Ventures in May 2014, the company began operations. In 2018, Opendoor raised $400m in funding from the SoftBank Group Vision Fund. In 2019, it raised $300m in a funding round led by General Atlantic. At the time, the enterprise valuation was $3.8b. In August 2019, Opendoor launched mortgage services throu ...
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Angelgate
Angelgate is a controversy surrounding allegations of price fixing and collusion among a group of ten angel investors in the San Francisco Bay Area. Emergence The issue The scandal began in September 2010 after Michael Arrington, editor of the TechCrunch publication, wrote in his blog that he had been turned away from a secret meeting among so-called "super angels" he knew, held at Bin38, a wine bar in San Francisco's Marina District. The participants at the meeting, among other things, discussed how they could compete with other angels, venture capitalists, and the Y Combinator business incubator for the limited pool of worthy investment opportunities. Arrington said that after the meeting, he had been informed by two of the attendees that the investors had discussed how to fix low valuations for new start-up companies, and how to keep better-funded venture capitalists from investing. The blog became the subject of discussion among the Silicon Valley start-up community over the ...
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