Posts filtered by tags: Pierre Omidyar[x]


 

From Elon Musk to Tim Cook, here's where the world's most influential tech founders and CEOs went to college — and what they studied

College is where many figure out what they're actually interested in and determine the career they want to pursue. We researched the degrees and schools attended by well-known tech CEOs, many of whom launched their companies or landed on the idea for their first startup while studying at college. Here's where 52 CEOs and founders in the tech industry went to school, and what they studied. Visit Business Insider's homepage for more stories. For new college students, choosing a major can feel l...
Tags: Apple, Google, Facebook, Mark Zuckerberg, Europe, Elon Musk, Cook, Sweden, Maryland, Microsoft, Yahoo, Mba, Stanford, India, Satya Nadella, Trends


12 wildly successful companies started by people in their 20s

It's never too young to act on a great idea, and these successful entrepreneurs prove just that. Steve Jobs was only 21 when he started Apple out of his parents' garage, and Tyler Haney was 25 when she launched clothing company Outdoor Voices. David Karp, who founded Tumblr in his early 20s, faked a deep voice during important phone calls to get adults to take him seriously. Visit Business Insider's homepage for more stories. Whether they dropped out of college, spent hours holed up in their ...
Tags: Apple, Spotify, Florida, Maryland, Steve Jobs, Ebay, US, NFL, San Francisco, Trends, Vogue, EK, Richard Branson, Tumblr, Vox, Gq


Neon Pagamentos raises R$400 mln

Neon Pagamentos said Nov. 19 that it raised R$400 million ($95.3 million) in a Series B round led by General Atlantic and Banco Votorantim. Also investing were venture capital funds Monashees, Omidyar Network, Propel, Quona and Mabi, and existing Series A investors. Neon Pagamentos, of São Paulo, is a Brazailian fintech. PRESS RELEASE Neon receives investment of R$ 400 million from General Atlantic and Banco Votorantim São Paulo — November 19, 2019 — Neon Pagamentos, a leading Brazilian fintech,...
Tags: Ebay, Trends, Brazil, General Atlantic, Sao Paulo, Neon, Ga, BV, Rio São Paulo, Pierre Omidyar, VC Deals, Jay Reinemann, Jean Sigrist, General Atlantic GA, Quona, Pagamentos


Omidyar Network CEO opens up about VC-influenced philanthropy

In 2004, eBay founder Pierre Omidyar and his wife, Pam, set aside some of the wealth they acquired after the online marketplace went public and created Omidyar Network, a philanthropic investment firm “dedicated to harnessing the power of markets,” according to an official overview. Since then, the firm — which operates a 501(c)(3) nonprofit and an LLC — has committed $839 million in nonprofit grants and $735 million in for-profit investments. Today, 60 employees in Mumbai, London, Washington...
Tags: Startups, TC, Ebay, Venture Capital, Silicon Valley, Omidyar Network, Scott, Valley, Redwood City, Pam, Pierre Omidyar, Family Foundation, Intellectual Capital, Mike Kubzansky, Kubzansky, Mumbai London Washington D C


Startup Ideas that Began Small and Got Big

Entrepreneurs are pioneers that look to create solutions to address the needs of their customers. Launching your own startup business requires a leap of faith and might be long and risky. Those who have found their niche, focused on innovation, planned for their growth, collaborated and had a little bit of luck have succeeded. However, many entrepreneurs are overwhelmed by the belief they have to start from scratch. They ponder on what they could do that no one has ever done before. In other wo...
Tags: Apple, Google, Amazon, Steve Jobs, Ebay, Stanford, US, Sales, Startup, Nike, Intel, Palo Alto, Larry Page, Pennsylvania, Sergey Brin, Dell


Omidyar Network spins off new venture firm Flourish

Omidyar Network has spun off Flourish, a new venture firm focused on investing in “entrepreneurs whose innovations help people achieve financial health and prosperity.” Flourish is launching with an existing $200 million portfolio across U.S. and emerging markets as well as an additional $300 million at its disposal over the next five years. Pam and Pierre Omidyar, the founder of eBay, are backing Flourish. PRESS RELEASE REDWOOD CITY, Calif., March 7, 2019 /PRNewswire/ — The Financial Inclusion ...
Tags: London, Ebay, India, US, Trends, Funds, Omidyar Network, Pam, Pierre Omidyar, Albo, Tilman Ehrbeck, Juntos, Flourish, CFSI, United Income, Omidyar Group


Omidyar Network spins out its fintech investment arm as Flourish, with up to $300 million

After 12 years spent investing in impact-oriented financial services startups around the globe, the Omidyar Network, which serves as the family investment office for eBay founder Pierre Omidyar, is spinning off its financial inclusion investment arm as Flourish Ventures. Equipped with up to $300 million in capital for operations and investments, the new Flourish will continue to invest around the Network’s core mission of backing companies with a dual focus of making a social impact and achie...
Tags: TC, Money, Ebay, Finance, Africa, Entrepreneur, Tech, Economy, United States, Venture Capital, Impact Investing, Microfinance, Financial Services, Costa, Advisors, Omidyar Network


Jeff Bezos topped U.S. philanthropy in 2018 ($2 billion)

Amazon founder Bezos and ex-wife-to-be MacKenzie topped charitable giving in 2018 with $2 billion, according to the Chronicle of Philanthropy, which released its annual list this month. (Photo by Emma McIntyre/Getty Images) No. 2: Former New York City Mayor Michael Bloomberg. He donated $767 million to the arts, education, health and other causes last year. (Photo by Scott Eisen/Getty Images) Sound The gallery will resume in seconds No. 5: Microsoft’s CEO, Steve Ballmer and his ...
Tags: Amazon, Facebook, Mark Zuckerberg, Craigslist, Microsoft, Washington Post, Ebay, New York City, US, Samsung, Sport, Soccer, United States, Williams, Bill Gates, Paul Allen


CEO of Rappler, a media company critical of the Philippines government, is arrested

There’s serious concern around press freedom in the Philippines after Maria Ressa, the CEO of independent media company Rappler, was arrested last night. Ressa, who was CNN’s bureau chief in Manila and then Jakarta prior to starting Rappler in 2011, was arrested on cyber libel security charges for an article published in 2012, according to Rappler. The article in question centers around alleged links between Supreme Court Justice Renato Corona and wealthy businessmen around the time of his im...
Tags: Facebook, Supreme Court, Ebay, Southeast Asia, Barack Obama, Tech, Bloomberg, Cnn, Philippines, Quora, Myanmar, SEC, Cia, North America, Jakarta, Omidyar Network


Salesforce is hiring its first Chief Ethical and Humane Use officer to make sure its artificial intelligence isn't used for evil (CRM)

Salesforce will hire Paula Goldman as its first Chief Ethical and Humane Use officer. Goldman will spearhead a new Office of Ethical and Humane Use, which focuses on developing strategies to use technology in an ethical and humane way at the company. This announcement comes during a year of protests in Silicon Valley over how companies — including Salesforce — put its technology to use, as tech workers protest deals with the U.S. military and immigration authorities.  In the midst of the ong...
Tags: Google, Microsoft, Ebay, China, San Francisco, Trends, Department Of Defense, Silicon Valley, Pentagon, Salesforce, Donald Trump, Goldman, Sundar Pichai, Marc Benioff, Omidyar Network, U S Customs


Panel seeks independent oversight of state jails, inmates mistakenly released, tent cities planned for homeless, gecko speed-dials from Kona animal hospital, more news from all the Hawaiian Islands

Inmate overflow area at Hawaii County Community Correctional ©2018 All Hawaii News Task force calls for jail oversight committee. The lack of public information about inmate suicides is just one reason a 13-member task force chaired by Hawaii Supreme Court Associate Justice Michael Wilson is recommending the state create an independent oversight commission to inspect and monitor correctional facilities, investigate complaints, report findings to the public and shepherd in broad reforms to...
Tags: Travel, Supreme Court, Ebay, Hawaii, Larry Ellison, Hawaii Island, Forbes, Kauai, Honolulu, Hawaii County, Legislature, West Hawaii, Oahu, Kona, Hawaiian Islands, County Council


Executive Adam Pincus Out at First Look Media (EXCLUSIVE)

Adam Pincus, First Look Media’s executive VP of programming and content, has left the New York-based film and TV company. A First Look spokesperson told Variety that Pincus is no longer with the organization, founded by eBay billionaire Pierre Omidyar, and that a search is underway for his replacement. Reasons for his exit are unknown. […]
Tags: New York, News, Ebay, First Look Media, Pincus, Pierre Omidyar, Adam Pincus


Rao joins TPG Growth as head

TPG Growth, the middle market and growth equity investment platform of TPG, has named Shailesh Rao to lead it and The Rise Fund for India and Southeast Asia. Since October 2017, Rao has been a senior adviser to TPG Growth and The Rise Fund. PRESS RELEASE FORT WORTH, Texas & SAN FRANCISCO & SINGAPORE & MUMBAI, India–(BUSINESS WIRE)–TPG Growth, the middle market and growth equity investment platform of global alternative asset firm TPG, announced today that it has named Shailesh Rao Head of TPG Gr...
Tags: Google, Asia, Southeast Asia, Singapore, India, US, Trends, People, Bill Mcglashan, Bookmyshow, Rao, Middle East North Africa, TPG, Pierre Omidyar, Google India, Shailesh Rao


Labor Day is EBay's Birthday

In 1995, at the age of 28, Pierre Omidyar began to write the original computer code for an online web site to enable the listing of a direct person-to-person auctions for collectible items. He created a simple prototype on his personal web page, and on Labor Day, Monday, September 4, 1995, he launched an online service called Auction Web, which would eventually become the auction site eBayBelieve it or not, the first item sold was a broken laser pointer. Among the other things housed at the na...
Tags: Ebay, Pets, Pierre Omidyar, PBurns, Terrierman


San Francisco's housing crisis is so bleak, this startup is reinventing homeschooling so teachers can afford to live where they work

In San Francisco's absurd housing market, teachers are struggling to afford to live near where they teach. A startup called Wonderschool is helping preschool teachers stay in San Francisco by providing them with the framework to set up preschools and daycares out of their homes. A school operator on Wonderschool earns an average salary of $78,000, which puts them in a better position to pay rent.   Linda Jung's living room has been taken over by five screaming, cheering, playful little child...
Tags: Ebay, New York City, America, San Francisco, Trends, Silicon Valley, Andreessen Horowitz, Baby, Omidyar Network, Bay Area, San Francisco Bay Area, Bennett, Jeff Jordan, Jung, US Department of Education, Pierre Omidyar


TPG Growth and The Rise Fund close ClEAResult buyout

TPG Growth and The Rise Fund have closed its previously announced acquisition of Austin, Texas-based CLEAResult, a provider of energy efficiency solutions for utility companies. The seller was General Atlantic. No financial terms were disclosed. PRESS RELEASE Austin, Texas, Aug. 08, 2018 (GLOBE NEWSWIRE) — CLEAResult, a leader in designing and implementing technology-enabled energy efficiency programs for utilities, today announced its completed acquisition by TPG Growth, the middle-market and g...
Tags: Singapore, Trends, Canada, Atlantic, North America, General Atlantic, Bill Mcglashan, Austin Texas, TPG, Pierre Omidyar, PE Deals, Atlantic General Atlantic, TPG TPG, Aziz Virani


DreamBox, an Edtech Startup with High-Profile Backers, Snags $130M

[Updated 5:35 p.m. See below.] DreamBox Learning, an edtech company that makes programs that help kids learn math, has agreed to take a $130 million investment from a fund managed by private equity firm TPG Growth.The Rise Fund, which is deploying $2 billion in financing raised by TPG last year, is taking a majority position in DreamBox, a startup that was founded in Bellevue, WA, in 2006. DreamBox plans to use the new money on product development, sales, marketing, other operations, and to dra...
Tags: Startups, Games, Math, Technology, Learning, Education, Bono, Trends, Startup, App, Curriculum, Software, Teaching, Netflix, Bellevue, Richard Branson


The Rise Fund to invest $130 mln in DreamBox

The Rise Fund, which is managed by TPG Growth, has agreed to invest $130 million in DreamBox Learning. Based in Bellevue, Washington, DreamBox is a K-8 digital math program. PRESS RELEASE SEATTLE AND SAN FRANCISCO —JULY 31, 2018— DreamBox Learning®, the company that pioneered Intelligent Adaptive Learning technology, and The Rise Fund, a global impact investing fund managed by TPG Growth, have signed an agreement for a $130 million investment in the education technology company. This investment ...
Tags: Mexico, San Francisco, Trends, Canada, Harvard University, Sri, Seattle, District Of Columbia, Bill Mcglashan, Duncan, John Rogers, Arne Duncan, Jessie, Johns Hopkins University, U S Education, CEPR


Indus.ai raises $3.7 mln in round led by Pierre Omidyar’s UP2398.

Indus.ai said it raised $3.7 million of seed financing in a round led by Pierre Omidyar’s UP2398. A press release follows:   indus.ai Raises $3.7 Million to Redefine Construction Development Using Artificial Intelligence Construction Intelligence-as-a-Service improves coordination and project execution for developers and general contractors SAN FRANCISCO, CA, July 23, 2018: indus.ai, the world’s most advanced construction intelligence-as-a-service solution, announced today their $3.7 million (US...
Tags: San Francisco, Trends, Service, Pierre Omidyar, VC Deals, USD, Randy Ching, Matt Man CEO


Chicago could be the largest US city to launch a basic income pilot — here are the other major experiments around the world

Universal basic income, a system in which everyone regularly receives a check from the government regardless of income, has been growing in popularity over the last few years. Former President Barack Obama even recently suggested that basic income may be a partial solution to the loss of jobs caused by automation.  In Chicago, alderman Ameya Pawar has proposed a bill to provide 1,000 families with $500 a month in a pilot that would make Chicago the largest US city to try a basic income program....
Tags: Mark Zuckerberg, California, Ebay, US, Barack Obama, Trends, Chicago, Harvard, Alaska, Stockton, Silicon Valley, Sam Altman, Oakland California, Stockton California, Tubbs, Pierre Omidyar


General Atlantic to sell CLEAResult to TPG Growth and The Rise Fund

TPG Growth and The Rise Fund have agreed to acquire Austin, Texas-based CLEAResult, a provider of energy efficiency solutions for utility companies. The seller is General Atlantic. No financial terms were disclosed. The deal is expected to close later in the year. KeyBanc Capital Markets Inc. and Robert W. Baird & Co. provided financial advice to TPG while J.P. Morgan and Piper Jaffray did likewise for General Atlantic. PRESS RELEASE Austin, TX, Fort Worth, TX and San Francisco, CA – June 18, 20...
Tags: Singapore, Trends, Canada, Atlantic, North America, General Atlantic, Bill Mcglashan, Morgan, San Francisco CA, Austin Texas, Piper Jaffray, Paul Weiss Rifkind Wharton Garrison, Robert W Baird Co, KeyBanc Capital Markets Inc, TPG, Pierre Omidyar


Jeff Bezos sees space as the “only” option to spend his money on

Jeff Bezos is super rich, $131 billion kind of rich. Business wise, an admirable drive, some incredible ideas, and a very forward looking mind, playing three dimensional chess some might say. And yet, when considering what he might do with his fortune, he was a bit disappointing. The only way that I can see to deploy this much financial resource is by converting my Amazon winnings into space travel. That is basically it, […] the most important work that I’m doing.Blue Origin is expensive enou...
Tags: Amazon, Elon Musk, Warren Buffett, Jeff Bezos, Bezos, Alex Steffen, Pierre Omidyar, Patrick Tanguay, Anjali Ramachandran


Money flowing in to Kauai as Legislature, Zuckerberg, Omidyar send relief funds, 'rescuers' in boats extort evacuees, sunscreen ban advances, more news from all the Hawaiian Islands

House Finance Chairwoman Sylvia Luke and Senate Ways and Means Chairman Donovan Dela Cruz announce relief funds, courtesy photo House and Senate lawmakers on Wednesday agreed to set aside $100 million to help finance the Kauai flood recovery effort and $25 million to speed the Oahu recovery, money that can be made available quickly until federal relief funding is available. The appropriation could be signed into law by Gov. David Ige as early as this week. Star-Advertiser.Hawaii legislato...
Tags: Travel, Mark Zuckerberg, Congress, Navy, Ebay, Senate, Hawaii, House, Associated Press, Bill, Kilauea, Pahoa, Big Island, Hawaiian Airlines, Kauai, Department Of Education


Refugee charity turns to crypto with $1M donation from Ethereum’s founder and OmiseGo

The crypto industry is often criticized from the outline for creating wealth that exists only in digital form, is unstable and driven by greed. That’s why a new charity initiative from top figures inside the Ethereum community might make a few non-believers sit up for a moment. GiveDirectly, a charity that provides no-strings-attached grants to the world’s “extreme poor,” has revealed it has received a $1 million donation from OmiseGo, a fintech startup that held a $25 million ICO last year to d...
Tags: Facebook, Asia, Tech, Uganda, Crypto, Ethereum, Chris Hughes, Blockchain, Omise, Dustin Moskovitz, Pierre Omidyar, Google eBay, Vitalik Buterin, GiveDirectly, Diao, OmiseGo


Omidyar Networks spin-out Spero Ventures raises $100 mln for maiden fund

Spero Ventures, a spin-out of Omidyar Network, a philanthropic investment firm funded by eBay co-founder Pierre Omidyar, has launched and raised $100 million for its debut fund, according to a blog post by Shripriya Mahesh, the new venture firm’s founding partner. The fund’s investor is Omidyar.
Tags: Trends, Funds, Omidyar Network, Pierre Omidyar, Omidyar Networks, Shripriya Mahesh, Spero Ventures, eBay co


Sunshine Week: Big Island press club announces annual lava tube, torch of light awards

Sunshine Week government secrecy Cartoon: John Cole State Office of Information Practices awarded Lava Tube dishonor;Civil Beat Law Center for the Public Interest earns meritorious Torch of Light awardThe Big Island Press Club awards its annual meritorious Torch of Light Award to Civil Beat Law Center for the Public Interest and the Lava Tube dishonor award to the state Office of Information Practices (OIP). The Torch of Light award is given to an individual or entity who brightens the pu...
Tags: Travel, Ebay, America, Hawaii, Madison, Big Island, Senate Judiciary Committee, Scott, Hawaii County, Suzanne, Pierre Omidyar, Linda Lingle, Billy Kenoi, Peter Young, West Hawaii Today, Neil Abercrombie


Hawaiian monk seals rebounding, House shaves $35M off governor's budget, paid family leave bill advances, Navy wife awarded $24.7M in Tripler lawsuit, Kauai fights for beach access, more news from all the Hawaiian Islands

Monk seals PC:NOAA NOAA's annual monk seal population count has a promising outlook. According to NOAA's annual monk seal population update, the seal count is on the upswing. Hawaii News Now.A bill that would protect sharks and expand protections to all rays within state waters is cruising through the state Legislature. West Hawaii Today.Senate Bills Address Sustainability, Climate Change. Maui Now.House Shaves $35 Million From Governor’s Budget. The Finance Committee’s cuts create a bala...
Tags: Travel, Mark Zuckerberg, Obama, Navy, Ebay, Senate, Hawaii, House, Noaa, Vancouver, Boeing, Hawaii Island, North Shore, Penn, Forbes, Kauai


You Need to Put Yourself in a Monopoly Position

There are organizations and people that create a lot of value and yet do not earn much: The person who cleans my office creates a lot of value. Without the work that they do, my office would be quite messy. The person who sells me gas at the gas station creates a lot of value. Without gas, I would not be able to go to work or drive my children to school. The person who mows my lawn creates a lot of value. Without the work that this person does, I would be spending a few hours a week mowing ...
Tags: Apple, Amazon, Featured, Microsoft, California, Steve Jobs, Ebay, Saudi Arabia, Monopoly, Careers, Los Angeles, Cnn, Larry Page, United States, Bill Gates, Larry Ellison


An extinction event for foundations?

Private foundations – the legal entities that have funded social innovations as diverse as breakthrough civil rights litigation and the development of the 911 emergency response system – may be nearing an end. This is certainly not because they have spent down their endowments; the largest still contain billions of dollars and as of 2014 independent and family foundation endowments still contained over $700 billion in assets. Like the dinosaurs in their twilight, these organizations will live on...
Tags: Apple, Facebook, Mark Zuckerberg, Books, Featured, Law, Steve Jobs, Finance, Charity, Economics, United States, Fidelity, Silicon Valley, Social Enterprise, Philanthropy, Irs


Expat Entrepreneur: How to Make It Work for you

Aside from being co-founders of three of the world’s most influential conglomerates, what do Google’s Sergey Brin, eBay’s Pierre Omidyar and Intel’s Andrew Grove all have in common? They are… Read more » (c) Noobpreneur.com
Tags: Google, Business, News, Intel, Sergey Brin, Tips, Pierre Omidyar, Andrew Grove, Expat Entrepreneur