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Tony Hsieh
Anthony Hsieh ( ; December 12, 1973November 27, 2020) was an American internet entrepreneur and venture capitalist. He retired as the CEO of the online shoe and clothing company Zappos in August 2020 after 21 years. Prior to joining Zappos, Hsieh co-founded the Internet advertising network LinkExchange, which he sold to Microsoft in 1998 for $265 million.Cf. ''Delivering Happiness'' book by Hsieh. "In 1996, I co-founded LinkExchange, which was sold to Microsoft in 1998 for $265 million." Early life and education Hsieh was born to a Taiwanese American family in Urbana, Illinois. His parents were Richard and Judy Hsieh, immigrants from Taiwan who met in graduate school at the University of Illinois. Hsieh's family moved to Lucas Valley area of Marin County, California when he was five. His mother was a social worker, and his father a chemical engineer at Chevron Corp. He had two younger brothers, Andy and Dave. Hsieh attended the Branson School. In 1995, Hsieh graduated ...
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Zappos
Zappos.com is an American online shoe and clothing retailer based in Las Vegas, Nevada, United States. The company was founded in 1999 by Nick Swinmurn and launched under the domain name Shoesite.com. In July 2009, Amazon acquired Zappos in an all-stock deal worth around $1.2 billion at the time.Jacobs, AlexandraHappy Feet: Inside the online shoe utopia''The New Yorker''. September 14, 2009. Amazon purchased all of the outstanding shares and warrants from Zappos for 10 million shares of Amazon's common stock and provided $40 million in cash and restricted stock for Zappos employees. Company history Inception Zappos was founded in 1999 by Nick Swinmurn. Swinmurn launched the company with Tony Hsieh and Alfred Lin,I Am CNBC Tony Hsieh Transcript
CNBC. August 15, 2007.
who invested $2 million throu ...
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Alfred Lin
Alfred Lin (born 1972) is a Taiwanese-American venture capitalist at Sequoia Capital.Arrington, Michae"Alfred Lin Has The Midas Touch: The Man With $2 Billion In Acquisitions Under His Belt" ''TechCrunch'', July 28, 2009. Lin was the COO, CFO, and Chairman of Zappos.com until 2010. Early life and career Lin was born in Taiwan. When he was at the age of six or seven, his parents immigrated to the New York area. Lin attended the Stuyvesant High School in New York City. He holds a B.A. in applied mathematics from Harvard and a M.S. in statistics from Stanford. While at Harvard, Lin met Tony Hsieh, the future CEO of Zappos. Hsieh first recognized Lin's business acumen while running a student-owned pizza parlor at Harvard. Lin, his best customer, was buying whole pizzas, splitting them into slices, and selling them for a profit. In 1996, Lin dropped out of a Ph.D. program at Stanford to join Hsieh, Sanjay Mandan, and Ali Partovi at LinkExchange as CFO. 18 months later LinkExchange ...
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Urbana, Illinois
Urbana ( ) is a city in Champaign County, Illinois, United States, and its county seat. As of the 2020 census, Urbana had a population of 38,336. It is a principal city of the Champaign–Urbana metropolitan area, which had 236,000 residents in 2020. Urbana is notable for sharing the main campus of the University of Illinois with its twin city of Champaign. History The Urbana area was first settled by Europeans in 1822, when it was called "Big Grove".McGinty, Alice"The Story of Champaign-Urbana" Champaign Public Library When the county of Champaign was organized in 1833, the county seat was located on 40 acres of land, 20 acres donated by William T. Webber and 20 acres by M. W. Busey, considered to be the city's founder, and the name "Urbana" was adopted after Urbana, Ohio, the hometown of State Senator John W. Vance, who authored the Enabling Act creating Champaign County. The creation of the new town was celebrated for the first time on July 4, 1833. Stores began open ...
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OpenTable
OpenTable is an online restaurant-reservation service company founded by Sid Gorham, Eric Moe and Chuck Templeton on July 2, 1998, and based in San Francisco, California. In 1998, operations began with a limited selection of restaurants in San Francisco. Restaurants used the company's back-end software to process the reservations made on the website, resulting in a real-time reservation system for both diners and restaurants. The service has since expanded to cover more than 55,000 restaurants in more than 80 countries as of 2024. In June 2014, the company was acquired by Priceline Group for $2.6 billion. Reservations are free to end users; the company charges restaurants flat monthly and per-reservation fees for their use of the system. According to the company, it provides online reservations for more than 50,000 restaurants around the world and seats over 1 billion diners per year. History OpenTable was founded by Chuck Templeton on July 2, 1998, and initially incorpo ...
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Park City, Utah
Park City is a city in Utah, United States. Most of the city is within Summit County, Utah, Summit County, with some portions extending into Wasatch County, Utah, Wasatch County. It is considered to be part of the Wasatch Back. The city is southeast of downtown Salt Lake City and from Salt Lake City's east edge of Sugar House, Salt Lake City, Sugar House along Interstate 80 in Utah, Interstate 80. The population was 8,396 at the 2020 United States Census, 2020 census. On average, the tourist population greatly exceeds the number of permanent residents. After a population decline following the shutdown of the area's mining, mining industry, the city rebounded during the 1980s and 1990s through an expansion of its tourism business. According to 2021 data, the city brought in a yearly average of $529.8 million to the Utah economy as a tourist hot spot, $80 million of which was attributed to the Sundance Film Festival. The city has two major ski resorts: Deer Valley, Deer Valley R ...
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The Writer's Block
The Writer's Block is an independent bookseller, publisher, and literacy educator in downtown Las Vegas. It is the first independent bookstore in Las Vegas and second in the state of Nevada. Its bookstore has been recommended several times by publications and authors including ''Los Angeles Times'', Tayari Jones, and '' Alta Journal''. In 2024, it was chosen as Best Bookstore for the '' Las Vegas Weekly'' Best of Vegas list. Original location Years before its establishment, 826NYC co-founder Scott Seeley and Drew Cohen came together with plans to found an independent bookstore in downtown Las Vegas. Beforehand, Cohen was warned severally that attempts to open an independent bookstore in the area would fail. In midst of its creation, entrepreneur Jennifer 8. Lee put Seeley and Cohen in touch with Zappos founder Tony Hsieh who, as part of his Downtown Project—a $350-million-dollar initiative to revitalize downtown Las Vegas—helped partially fund the Writer's Block. In 2 ...
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Embraer Phenom 100
The Embraer EMB-500 Phenom 100 is a very light (VLJ) business jet designed and produced by the Brazilian aircraft manufacturer Embraer. Announced in November 2005, it made its first flight on 26 July 2007 and was awarded a type certificate in December 2008; the first aircraft was delivered the same month. The Phenom 100 has been stretched into the larger Embraer Phenom 300. Powered by two rear-mounted Pratt & Whitney Canada PW600 turbofans, it can transport four to seven passengers, with a range of with four occupants. As of April 2023, 401 had been delivered. Development During April 2005, Embraer's board of directors approved the development of very light and light jets. Within ten years, it was hoped that the company could become a major provider for the global business jet market. On 9 November of that year, the company announced at the annual NBAA convention the name of its very light jet, the Phenom 100, and displayed a full-scale mock-up of the aircraft. The company st ...
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JetSuite
Superior Air Charter (previously JetSuite) is a private jet charter company based out of Dallas, Texas. The company was founded in 2006 by Alex Wilcox. In 2008, the company was re-branded from Magnum Jet after a push from financial backers. Wilcox is CEO of the company. On April 17, 2020, JetSuite, as it was called then, halted operations and furloughed most of its crew members due to the COVID-19 pandemic. On April 28, 2020, JetSuite's parent company filed for Chapter 11 bankruptcy. JetSuite has safely operated over 111,000 flights since 2009. In September 2020, the company closed the Chapter 11 filing and retired the name JetSuite. Flying recommenced in November 2020 as Superior Air Charter, operating 3 Phenom 100 aircraft. History JetSuite was born out of a re-branding of Magnum Jet after the company's financial backers decided to restructure the company. As part of this restructuring, the company also steered away from advertising as an “air taxi” with shared rides and ...
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Very Light Jet
A very light jet (VLJ), entry-level jet or personal jet, previously known as a microjet, is a category of small business jets that seat four to eight people. VLJs are considered the lightest business jets and are approved for single-pilot operation. History The first small jet-powered civil aircraft, the 1950s Morane-Saulnier MS.760 Paris, has been retroactively suggested as being the first VLJ, as it seats four with a single pilot and is smaller than modern VLJs. The production of MS.760 differs from modern business jets in having a sliding canopy for cabin access rather than a door; a six-seat version with an enclosed cabin and a conventional door was canceled after a single prototype was built. Two unbuilt Cessna aircraft of the 1950s and 1960s would have met the definition of a VLJ. The first was the 407, a four-seat civil version of the T-37 jet trainer proposed in 1959; however, the 407 never progressed past the mockup stage due to insufficient customer interest. The s ...
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The New Yorker
''The New Yorker'' is an American magazine featuring journalism, commentary, criticism, essays, fiction, satire, cartoons, and poetry. It was founded on February 21, 1925, by Harold Ross and his wife Jane Grant, a reporter for ''The New York Times''. Together with entrepreneur Raoul H. Fleischmann, they established the F-R Publishing Company and set up the magazine's first office in Manhattan. Ross remained the editor until his death in 1951, shaping the magazine's editorial tone and standards. ''The New Yorker''s fact-checking operation is widely recognized among journalists as one of its strengths. Although its reviews and events listings often focused on the Culture of New York City, cultural life of New York City, ''The New Yorker'' gained a reputation for publishing serious essays, long-form journalism, well-regarded fiction, and humor for a national and international audience, including work by writers such as Truman Capote, Vladimir Nabokov, and Alice Munro. In the late ...
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TechCrunch
TechCrunch is an American global online newspaper focusing on topics regarding high tech, high-tech and Startup company, startup companies. It was founded in June 2005 by Archimedes Ventures, led by partners Michael Arrington and Keith Teare. In 2010, AOL acquired the company for approximately $25 million. Following the 2015 Verizon Communications#Acquisition of AOL and Yahoo, acquisition of AOL and Yahoo! by Verizon, the site was owned by Verizon Media from 2015 through 2021. In 2021, Verizon sold its media assets, including AOL, Yahoo!, and TechCrunch, to the private equity firm Apollo Global Management. Apollo integrated them into a new entity called Yahoo! Inc. (2017–present), Yahoo! Inc. In addition to its news reporting, TechCrunch is also known for its annual Disrupt conference, a technology event hosted in several cities across the United States, Europe, and China. History TechCrunch was founded in June 2005 by Archimedes Ventures, led by partners Michael Arrington a ...
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Amazon (company)
Amazon.com, Inc., doing business as Amazon, is an American Multinational corporation, multinational technology company engaged in e-commerce, cloud computing, online advertising, digital streaming, and artificial intelligence. Founded in 1994 by Jeff Bezos in Bellevue, Washington, the company originally started as an online marketplace for books but gradually expanded its offerings to include a wide range of product categories, referred to as "The Everything Store". Today, Amazon is considered one of the Big Tech, Big Five American technology companies, the other four being Alphabet Inc., Alphabet, Apple Inc., Apple, Meta Platforms, Meta, and Microsoft. The company has multiple subsidiaries, including Amazon Web Services, providing cloud computing; Zoox (company), Zoox, a self-driving car division; Kuiper Systems, a satellite Internet provider; and Amazon Lab126, a computer hardware R&D provider. Other subsidiaries include Ring (company), Ring, Twitch (service), Twitch, IMDb, ...
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