Fabrice Grinda
| Fabrice Grinda | |
|---|---|
 |
|
| Born |
3 August 1974 Boulogne-Billancourt, France |
| Residence | New York, New York, U.S. and Cabarete, Dominican Republic |
| Nationality | French |
| Education | Princeton University |
| Occupation | Angel investor and entrepreneur |
| Net worth | $ 100 Million |
| Website | fabricegrinda |
Fabrice Grinda (born 3 August 1974) is a French entrepreneur, blogger for Business Insider and super angel, with more than 200 investments around the world, including Alibaba Group, Airbnb, Beepi, FanDuel, Palantir, and Windeln. Grinda has had $300 million in investment exits. He is the co-founder and former CEO of Aucland, Zingy, and OLX and is a frequent conference speaker on trends in technology, emerging markets, and investing.
Grinda was born in Boulogne Billancourt in France and grew up in Nice, where he graduated high school C Massena in 1992. He left France to attend Princeton University and graduated summa cum laude in 1996; he was awarded the Halbert White '72 prize for most distinguished economics student and the Wolf Balleisen memorial prize for best economics thesis.
While at Princeton, Grinda created Princeton International Computers, exporting high-end computer equipment from the U.S. to Europe. He then worked as a consultant for McKinsey from 1996 to 1998 before returning to France where he co-founded the company Aucland.
Aucland was one of the three largest auction websites in Europe. In July 1999, in exchange for 51% of the company, Grinda raised $18 million for Aucland from the venture fund of luxury-goods magnate Bernard Arnault. In 2000, he sold the rest of the company to Arnault’s fund.
In 2000, he returned to the United States where he founded Zingy, a mobile media start-up which he grew to $200 million in revenue. In, 2004, Grinda sold Zingy for $80 million to Japanese media conglomerate For-Side. He remained CEO until 2005.
In 2006, Grinda and Alec Oxenford co-founded OLX with the goal of becoming the largest free classified advertising website in the world. In 2010, the site was acquired by the South African group Naspers, with Grinda remaining CEO until 2013. OLX became the largest classified ad website in India, Pakistan, Brazil, Portugal, Poland and Ukraine. While he was still CEO, OLX was in more than 90 countries, in 50 languages, with over 150 million unique visitors per month.
...
Wikipedia