Jack Abraham
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Jack Abraham is an American businessperson, serial entrepreneur and investor who is best known for being the founding and managing partner of
startup studio A startup studio, also known as a startup factory, or a startup foundry, or a venture studio, is a studio-like company that aims at building several companies in succession. This style of business building is referred to as "parallel entrepreneurshi ...
and
investment fund An investment fund is a way of investing money alongside other investors in order to benefit from the inherent advantages of working as part of a group such as reducing the risks of the investment by a significant percentage. These advantages inc ...
Atomic.


Career

In 1999 at the age of 13, Abraham began working summers, nights, and weekends at ComScore, a marketing analytics company co-founded by his father
Magid Abraham Magid M. Abraham (born April 13, 1958) is an entrepreneur and expert on market research, consumer modeling, and information systems. He has held several executive positions, two of which were within companies he founded. Abraham authored articles ...
. After working for his father, Abraham enrolled in The Wharton School in 2004, studying technical entrepreneurship. Three years later, in 2007, Abraham dropped out of Wharton to start, local product search engine company, Milo.com. Abraham then went on to be Head of Local at
eBay eBay Inc. ( ) is an American multinational e-commerce company based in San Jose, California, that facilitates consumer-to-consumer and business-to-consumer sales through its website. eBay was founded by Pierre Omidyar in 1995 and became a ...
. During his tenure, Abraham led the creation of the news feed for the site as well as "brought a entrepreneurial mindset to
eBay eBay Inc. ( ) is an American multinational e-commerce company based in San Jose, California, that facilitates consumer-to-consumer and business-to-consumer sales through its website. eBay was founded by Pierre Omidyar in 1995 and became a ...
." In 2012, Abraham started Atomic Labs, a San Francisco based
startup studio A startup studio, also known as a startup factory, or a startup foundry, or a venture studio, is a studio-like company that aims at building several companies in succession. This style of business building is referred to as "parallel entrepreneurshi ...
and venture capital investment firm. With limited partners including Peter Thiel and
Marc Andreessen Marc Lowell Andreessen ( ; born July 9, 1971) is an American entrepreneur, investor, and software engineer. He is the co-author of Mosaic, the first widely used web browser; co-founder of Netscape; and co-founder and general partner of Silicon ...
, Atomic started with an initial fund of $20 million and has raised additional funds including $260 million in 2021. Atomic has started dozens of companies, including
Zenreach Adentro, formerly Zenreach is an American technology company based in San Francisco. It produces a marketing platform used by brick-and-mortar businesses that pairs with a business's guest Wi-Fi to enable visibility into in-store customer visit b ...
, TalkIQ, Playbook, and
Hims & Hers Health Hims & Hers Health, Inc. is an American telehealth company that sells prescription and over-the-counter drugs online, as well as personal care products. Founded in 2017, it reached a valuation of $1.6 billion after closing a deal with Oaktree Ca ...
. Jack is also the co-founder of Hims, which achieved a $1B valuation just 15 months after launch, making it the second fastest company to a $1B valuation in history. In 2020, Abraham moved to Miami and has been credited with spurring others in Silicon Valley tech to move to Miami. Abraham opened an Atomic office in the Wynwood neighborhood's The Annex. The Annex also houses OpenStore, an Atomic-backed company that Abraham co-founded with Founders Fund’s Keith Rabois. Abraham is also an angel investor in Pinterest, Postmates, Invite Media,
Uber Uber Technologies, Inc. (Uber), based in San Francisco, provides mobility as a service, ride-hailing (allowing users to book a car and driver to transport them in a way similar to a taxi), food delivery (Uber Eats and Postmates), package ...
, DrOnDemand, Ampush Media and Flatiron Health as well as an advisor to Felicis Ventures. He was named one of the "100 Most Creative People in Business" by
FastCompany ''Fast Company'' is a monthly American business magazine published in print and online that focuses on technology, business, and design. It publishes six print issues per year. History ''Fast Company'' was launched in November 1995 by Alan We ...
and has also been named to the
Forbes ''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also re ...
' 30 Under 30 listing twice. Abraham is also the executive director of the
Thiel Fellowship The Thiel Fellowship (originally named 20 under 20) is a fellowship created by billionaire Peter Thiel through the Thiel Foundation. The fellowship is intended for students aged 22 or younger and offers them a total of $100,000 over two years ...
.


References

{{DEFAULTSORT:Abraham, Jack Businesspeople from California 1986 births Wharton School of the University of Pennsylvania alumni American people of Lebanese descent Living people