Brendan F. Wallace is an American businessman and investor. He is cofounder and managing partner of the venture capital firm

Fifth Wall The fourth wall is a performance convention in which an invisible, imaginary wall separates actors from the audience. While the audience can see through this ''wall'', the convention assumes the actors act as if they cannot. From the 16th cen ...

. He also cofounded career networking platform Identified, Inc. and the ridesharing service

Cabify Cabify is a Spanish ridesharing company which provides vehicles for hire via its smartphone mobile app. Vehicles are driven by self-employed service providers. Operating in Spain and Latin America (Mexico, Chile, Colombia, Peru, Panama, Ecuador ...

, and currently sits on Cabify's board of advisors.

Early life and education

Brendan Fitzgerald Wallace grew up in New York City. He graduated from Princeton University with a bachelor's degree in political science and economics in 2004, and received an MBA from the

Stanford Graduate School of Business The Stanford Graduate School of Business (also known as Stanford GSB) is the graduate business school of Stanford University, a private research university in Stanford, California. For several years it has been the most selective business schoo ...

in 2010. While at Stanford, Wallace became interested in technology and entrepreneurship, and he went on to found several companies with his former classmates.

Career

Early career

Wallace began his career as a real estate analyst at

Goldman Sachs Goldman Sachs () is an American multinational investment bank and financial services company. Founded in 1869, Goldman Sachs is headquartered at 200 West Street in Lower Manhattan, with regional headquarters in London, Warsaw, Bangalore, H ...

and worked for The Blackstone Group's real estate division, where he was a part of Blackstone's acquisition of Hilton Hotels.

Identified, Inc.

In 2010, Wallace cofounded career networking platform Identified, Inc., with Adayemi Ajao. The platform's model is based on gamification, and had 10 million users within eight months of its launch. Early versions of Identified's database were used by employers such as Google, Disney, and

McKinsey & Company McKinsey & Company is a global management consulting firm founded in 1926 by University of Chicago professor James O. McKinsey, that offers professional services to corporations, governments, and other organizations. McKinsey is the oldest and ...

. It received $33 million in venture capital between 2010 and 2014. Wallace was co-CEO of the company until it was acquired by

Workday, Inc. Workday, Inc., is an American on‑demand (cloud-based) financial management, human capital management and Student information system software vendor. Workday was founded by David Duffield, founder and former CEO of ERP company PeopleSoft, al ...

in 2014.

Cabify

In 2012, Wallace cofounded the Latin American ridesharing service

, with Ajao and Spanish entrepreneur Juan de Antonio. Wallace currently sits on the company's advisory board. Cabify reached a valuation of $1.4 billion in 2018, making it a unicorn.

Fifth Wall

In 2016, Wallace and Brad Greiwe cofounded

, a venture capital firm which invests in

PropTech Property technology (also known as proptech, PropTech, prop-tech, and real estate technology) is used to refer to the application of information technology and platform economics to the real estate industry. Property technology overlaps with financ ...

ventures, including technologies which decarbonize the real estate industry. As of 2021, it was one of the largest property technology venture investors in the United States. In July 2022, the firm raised $500 million for its inaugural Climate Fund. In 2023, the company closed an $866 million investment fund, which '' The Wall Street Journal'' reported was the largest real estate investment fund in history. According to ''

LA Business Journal The ''Los Angeles Business Journal'', established in 1979, is a weekly newspaper and online news source in Los Angeles, California, which provides coverage of local business news. According to the ''Journals website, it has a weekly print circul ...

'', he was one of the most influential business executives between 2019 and 2022. '' Commercial Observer'' included him on its

Power 100 ''The Hollywood Reporter''s Power 100 (also known as Women in Entertainment Power 100) list, published annually since 1992, is a ranking of the 100 most powerful women in entertainment—film and television executives, agents, producers and occas ...

list in 2021 and 2022.

Personal life

Wallace adopted a three-legged pit bull-mix named Lady Macbeth in 2021. They appeared on the Netflix series ''

Canine Intervention ''Canine Intervention (Canine Academy)'' is an American Netflix original TV show/reality show of 6 episodes of about 35 minutes each. Originally a web-series, the premiere on Netflix occurred on February 24, 2021. The show takes place in Oakland, ...

''. He dated British actress Emma Watson in 2018. He later dated American actress

Alexandra Daddario Alexandra Anna Daddario (born March 16, 1986) is an American actress who had her breakthrough portraying Annabeth Chase in the ''Percy Jackson'' film series (2010–2013). In 2021, she starred in the first season of the HBO series ''The White L ...

in 2019.

References

21st-century American businesspeople American technology company founders American chief executives Businesspeople from New York City Businesspeople from Los Angeles Stanford Graduate School of Business alumni Princeton University alumni Businesspeople in software Year of birth missing (living people) Living people {{DEFAULTSORT:Wallace, Brendan F.