Jack Abraham
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Jack Abraham is an American businessperson, serial entrepreneur, investor, and the founding and managing partner of
startup studio A startup or start-up is a company or project undertaken by an entrepreneur to seek, develop, and validate a scalable business model. While entrepreneurship includes all new businesses including self-employment and businesses that do not intend to ...
and
investment fund An investment fund is a way of investment, 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 ad ...
Atomic.


Career

In 1999, at the age of 13, Abraham began working summers, nights, and weekends at
Comscore Comscore, Inc. is an American-based global media measurement and analytics company providing marketing data and analytics to enterprises, advertising agencies, brand marketers, and publishers. History Comscore was founded in July 1999 in Resto ...
, 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 article ...
. In 2004, after working for his father, Abraham enrolled in the
Wharton School The Wharton School ( ) is the business school of the University of Pennsylvania, a private Ivy League research university in Philadelphia. Established in 1881 through a donation from Joseph Wharton, a co-founder of Bethlehem Steel, the Wharton ...
at the
University of Pennsylvania The University of Pennsylvania (Penn or UPenn) is a Private university, private Ivy League research university in Philadelphia, Pennsylvania, United States. One of nine colonial colleges, it was chartered in 1755 through the efforts of f ...
in
Philadelphia Philadelphia ( ), colloquially referred to as Philly, is the List of municipalities in Pennsylvania, most populous city in the U.S. state of Pennsylvania and the List of United States cities by population, sixth-most populous city in the Unit ...
, studying technical entrepreneurship. Three years later, in 2007, Abraham dropped out of Wharton to start a local product search engine company, Milo.com. Abraham then went on to be Head of Local at
eBay eBay Inc. ( , often stylized as ebay) is an American multinational e-commerce company based in San Jose, California, that allows users to buy or view items via retail sales through online marketplaces and websites in 190 markets worldwide. ...
. During his tenure, Abraham led the creation of the news feed for the site as well as "brought an entrepreneurial mindset to
eBay eBay Inc. ( , often stylized as ebay) is an American multinational e-commerce company based in San Jose, California, that allows users to buy or view items via retail sales through online marketplaces and websites in 190 markets worldwide. ...
." In 2012, Abraham started Atomic Labs, a
San Francisco San Francisco, officially the City and County of San Francisco, is a commercial, Financial District, San Francisco, financial, and Culture of San Francisco, cultural center of Northern California. With a population of 827,526 residents as of ...
-based
startup studio A startup or start-up is a company or project undertaken by an entrepreneur to seek, develop, and validate a scalable business model. While entrepreneurship includes all new businesses including self-employment and businesses that do not intend to ...
and venture capital investment firm. With limited partners including
Peter Thiel Peter Andreas Thiel (; born 11 October 1967) is an American entrepreneur, venture capitalist, and political activist. A co-founder of PayPal, Palantir Technologies, and Founders Fund, he was the first outside investor in Facebook. According ...
and
Marc Andreessen Marc Lowell Andreessen ( ; born July 9, 1971) is an American businessman and former software engineer. He is the co-author of Mosaic, the first widely used web browser with a graphical user interface; co-founder of Netscape; and co-founder and ...
, 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 Replicant, Homebound, Exowatt and Hims & Hers Health. Abraham 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 Miami is a East Coast of the United States, coastal city in the U.S. state of Florida and the county seat of Miami-Dade County, Florida, Miami-Dade County in South Florida. It is the core of the Miami metropolitan area, which, with a populat ...
and has been credited with spurring others in
Silicon Valley Silicon Valley is a region in Northern California that is a global center for high technology and innovation. Located in the southern part of the San Francisco Bay Area, it corresponds roughly to the geographical area of the Santa Clara 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 Keith Rabois (born March 17, 1969) is an American technology executive and investor. He is a managing director at Khosla Ventures. He was an early-stage startup investor, and executive, at PayPal, LinkedIn, Slide, and Square. Rabois invested in ...
. Abraham is also an angel investor in
Pinterest Pinterest is an American social media service for publishing and discovery of information in the form of digital Bulletin board, pinboards. This includes recipes, home, style, motivation, and inspiration on the Internet using image sharing. Pint ...
,
Postmates Postmates Inc. is an American food delivery service, founded in 2011, and acquired by Uber in 2020. It offers local delivery of restaurant-prepared meals and other goods. It is headquartered in San Francisco, California. , Postmates operate ...
,
Uber Uber Technologies, Inc. is an American multinational transportation company that provides Ridesharing company, ride-hailing services, courier services, food delivery, and freight transport. It is headquartered in San Francisco, California, a ...
, and other companies and ventures. He was named one of the "100 Most Creative People in Business" by
FastCompany ''Fast Company'' is an American business magazine published monthly in print and online, focusing on technology, business, and design. It releases six print issues annually. History ''Fast Company'' was founded in November 1995 by Alan Webber ...
and has also been named to the
Forbes ''Forbes'' () is an American business magazine founded by B. C. Forbes in 1917. It has been owned by the Hong Kong–based investment group Integrated Whale Media Investments since 2014. Its chairman and editor-in-chief is Steve Forbes. The co ...
' 30 Under 30 listing twice. Abraham was formerly the executive director of the
Thiel Fellowship The Thiel Fellowship (originally named 20 under 20) is a Scholarship, fellowship created by billionaire Peter Thiel through the Thiel Foundation in 2010. The fellowship is intended for students aged 22 or younger and offers them a total of $20 ...
.


References

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