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Known for. CEO of Zappos (1999–2020) Anthony Hsieh ( / ʃeɪ / SHAY; [1] December 12, 1973 – November 27, 2020) [2] [3] [4] 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. [5] [6] Prior to joining Zappos, Hsieh co-founded the ...
Zappos.com is an American online shoe and clothing retailer based in Las Vegas, Nevada, United States. [1] 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.
That number seems to have been right on the mark, in hindsight: Sequoia ended up making $248 million from the exit. Instead of regaining full control of the company along with new investors, Hsieh ...
Tony Hsieh, the former head of Zappos who catapulted the shoe company into the big leagues with a sale to Amazon and then used the proceeds of his success in a huge project kickstarting ...
1:21 PM PDT • July 22, 2009. Comment. News has just broken that Amazon.com has purchased hot ecommerce up-and-comer Zappos for 10 million Amazon shares or $880 million. (The Amazon release said ...
University of California, Santa Barbara. Occupations. Founder of Zappos. Founder of Basecamp Fitness. Investor, Leeds United. Nick Swinmurn is the founder of Zappos. He started the company in 1999. He left in 2006, before it reached $1 billion sales in 2008, and was sold to Amazon in 2009.
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Given the closing price on Friday, 10/30/09, for Amazon stock, those shares were valued at approximately $1.2 billion at the time of close. As expected, the Zappos management team will remain ...