Garrett Camp
| Garrett Camp | |
|---|---|
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Camp in 2009
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| Born |
October 4, 1978 Calgary, Alberta, Canada |
| Residence | San Francisco, California, U.S. |
| Occupation | Founder at Expa Founder & Chairman at Uber Founder & Chairman at StumbleUpon |
| Net worth |
 US$6.9 billion |
| Website | garrettcamp |
Garrett Camp (born October 4, 1978) is a Canadian businessman and investor. He co-founded StumbleUpon, a web-discovery platform that grew to over 25 million registered users, while in graduate school at the University of Calgary in 2002 and co-founded Uber, an on-demand car service available via a mobile application in 2009. Garrett serves as Chairman for both StumbleUpon and Uber. Uber operates in 58 countries and in over 400 cities around the world, and by 2016 was valued at $62 billion.
StumbleUpon is the first web-discovery platform and personalized recommendation engine, co-founded by Garrett in 2002. In 2006 StumbleUpon relocated to San Francisco upon receiving its first round of funding from Silicon Valley angels. In 2007 StumbleUpon was listed in TIME's 50 Best Websites and in TIME’s 50 Must-Have iPad Apps in 2013. StumbleUpon was acquired by eBay for $75M in 2007 and later spun-out in 2009, becoming an independent company again. Garrett grew the company to over one hundred employees and over 25 million registered users as its founding CEO before stepping down in mid 2012 to work on other ventures. In August 2015, StumbleUpon was in financial debt and was re-acquired by Garrett Camp, who re-gained a majority share of the company after resetting all previous shareholders at $0/share. StumbleUpon continues to have functional web and mobile apps.
Uber is an on-demand car service available via a mobile application. Garrett initially founded Uber as UberCab in early 2009 while he was CEO of StumbleUpon, and self funded the seed round of $250K.
In 2009, Kalanick joined Camp, who gives Camp "full credit for the idea" of Uber. Camp spent $800 hiring a private driver with friends and had been mulling over ways to decrease the cost of black car services ever since. He realized that sharing the cost with people could make it affordable, and his idea morphed into Uber. "Garrett is the guy who invented that shit," Kalanick said at an early Uber event in San Francisco. In mid-2009, the first prototype was built by Camp, and his friends, Oscar Salazar and Conrad Whelan, with Kalanick being brought on as a "mega advisor" to the company.
Uber launched in San Francisco in mid 2010 with just a few cars on the road and in late 2010 raised $1.25M in angel funding. Uber’s motto is “Everyone’s Private Driver” and in mid-2012 launched UberX and Uber SUV to offer customers low cost options and more vehicle choices. In late 2012 Uber launched UberTAXI, allowing taxi drivers to use the application with taxi-like fares for customers, and in early 2013 CEO Travis Kalanick announced that Uber will begin offering a ride-sharing service, allowing community drivers to use the application.
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Wikipedia