Jack Abraham

Jack Abraham is an American businessperson, serial entrepreneur and investor who is best known for being the founding and managing partner of startup studio and investment fund Atomic where he has co-founded over a dozen companies that are collectively worth billions[1] including 2 of the 10 fastest growing companies in the San Francisco Bay Area, Hims and Bungalow.[2]

Jack Abraham
Born (1986-02-23) February 23, 1986
Alma materThe Wharton School
OccupationManaging Partner at Atomic, Executive Director at Thiel Fellowship
Known forFounder and MP of Atomic
WebsiteAtomic

Career

Abraham began his career working for his father at ComScore in 1999.[3] After working for his father, Abraham enrolled in The Wharton School in 2004, studying technical entrepreneurship. Three years later, in 2007, Abraham dropped out of Wharton to start, local product search engine company, Milo.com.[4] The company eventually raised a total of $4.95 million in Series A funding from the likes of True Ventures, Ron Conway of SV Angel, Keith Rabois, and Kevin Hartz before getting acquired in 2010 by eBay for $75 million when Jack was 24 years old.[5][6]

Abraham then went on to be Head of Local at eBay. During his tenure, Abraham led the creation of the news feed for the site[7] as well as "brought a[n] entrepreneurial mindset to eBay."[8] After leaving Milo, Abraham started Atomic, a San Francisco based startup studio in 2012. Backed by Peter Thiel, Marc Andreessen and several others, Atomic has raised $170 million and started over 18 companies.[9] Jack 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.[10][11]

Abraham is also an angel investor in Pinterest, Postmates, Invite Media, Uber, DrOnDemand, Ampush Media and Flatiron Health as well as an advisor to Felicis Ventures. He was named one of the "100 Most Creative People in Business" by FastCompany[12] and has also been named to the Forbes' 30 Under 30 listing twice.[13] Abraham is also the executive director of the Thiel Fellowship.

References
  1. "Atomic". Crunchbase. Retrieved 31 August 2019.
  2. "Fastest Growing Companies/Startups in San Francisco, Los Angeles, San Diego, Silicon Valley, etc. Awarded by Growjo". VentureBeat. Retrieved 31 August 2019.
  3. Adams, Susan. "Milo.com Founder Jack Abraham and Father, ComScore Founder Magid Abraham: Is Entrepreneurship Inherited?". Forbes. Retrieved 31 July 2017.
  4. Adams, Susan. "Jack Abraham Thinks He's Found A Better Way To Build Businesses". Forbes. Retrieved 31 July 2017.
  5. "Milo: Crunchbase". Retrieved 31 July 2017.
  6. Cain Miller, Claire (Nov 24, 2009). "Milo, a Site to Help People Shop Offline, Attracts Investors". NY Times. Retrieved 2 August 2017.
  7. Thomas, Owen (Feb 19, 2013). "A Renegade Innovator Inside eBay Took A Team Of Six Halfway Around The Planet To Revamp Its Homepage". Business Insider. Business Insider. Retrieved 31 July 2017.
  8. Mangalindan, JP (Jan 28, 2013). "eBay loses head of local Jack Abraham". Fortune.
  9. Geron, Tomio (Jan 23, 2017). "Atomic, With First Fund, Looks to Upend Venture-Capital Model". The Wall Street Journal.
  10. "Watchlist: Charitable Fashion, Self-Driving Tractors, and a Men's Health Unicorn". Wharton Magazine.
  11. Schleifer, Teddy (Jan 28, 2019). "Hims is finalizing a $100 million fundraising round that values the company at $1 billion pre-money". Recode.
  12. Sacks, Danielle. "How Jack Abraham is Reinventing eBay". Fast Company.
  13. "Forbes 30 under 30: Technology". Forbes.
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