Victor Ho
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Victor Ho ( zh, 何 翔) is a
Taiwanese-American Taiwanese Americans () are Americans who carry full or partial ancestry from Taiwan. This includes American-born citizens who descend from migrants from Taiwan. As of the 2010 U.S. Census, 49% of Taiwanese Americans lived in the state of Califo ...
businessman, who was the co-founder and CEO of FiveStars, a customer loyalty network for small and medium businesses.


Early life and career

Ho grew up in Southern California. His parents are immigrants from
Taiwan Taiwan, officially the Republic of China (ROC), is a country in East Asia, at the junction of the East and South China Seas in the northwestern Pacific Ocean, with the People's Republic of China (PRC) to the northwest, Japan to the nort ...
. His father is an engineer and his mother an artist, both of whom met while working at Rockwell Automation. After graduating from college, Ho started his career 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 ...
. Next, he worked as a consultant at
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 ...
in New York. Whilst at McKinsey, Ho interviewed for jobs at private equity firms. One day, while stuck at San Francisco airport from a flight delay, the idea of creating a company based on improving customer loyalty for local merchants occurred to him. He called prospective employers and told them he had changed his mind. In December 2010 Ho launched FiveStars with Matt Doka, whom he knew from working at McKinsey. In July, 2011 the company launched its product, a universal customer loyalty card called FiveStars and found early success. They proceeded to raise $16 million in venture financing to grow the company. By August 2013, Five Stars employed 100 people and has in excess of a million cardholders. By 2016, the company has raised $105M in funding from investors.


References

{{DEFAULTSORT:Ho, Victor Living people University of California, Berkeley alumni American people of Taiwanese descent Year of birth missing (living people)