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.

Jack Abraham
Born (1986-02-23) February 23, 1986 (age 35)
Alma materThe Wharton School
OccupationManaging Partner at Atomic, Executive Director at Thiel Fellowship
Known forFounder and MP of Atomic
WebsiteAtomic

CareerEdit

In 1999 at the age of 13, Abraham began working summers, nights, and weekends at ComScore, a marketing analytics company co-founded by his father Magid Abraham.[1][2] 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.[3][4]

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[5] as well as "brought a[n] entrepreneurial mindset to eBay."[6] In 2012, Abraham started Atomic Labs, a San Francisco based startup studio and venture capital investment firm. With limited partners including Peter Thiel and Marc Andreessen, Atomic started with an initial fund of $20 million and has raised additional funds including $260 million in 2021.[7] Atomic has started dozens of companies, including Zenreach, TalkIQ, Playbook, and Hims & Hers Health.[8] 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.[9][10]

In 2020, Abraham moved to Miami and has been credited with spurring others in Silicon Valley tech to move to Miami.[11] 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.[12]

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[13] and has also been named to the Forbes' 30 Under 30 listing twice.[14] Abraham is also the executive director of the Thiel Fellowship.

ReferencesEdit

  1. ^ Adams, Susan. "Milo.com Founder Jack Abraham and Father, ComScore Founder Magid Abraham: Is Entrepreneurship Inherited?". Forbes. Retrieved 31 July 2017.
  2. ^ Lee, Allen (2021-03-06). "10 Things You Didn't Know about Jack Abraham". Money Inc. Retrieved 2021-05-28.
  3. ^ Adams, Susan. "Jack Abraham Thinks He's Found A Better Way To Build Businesses". Forbes. Retrieved 31 July 2017.
  4. ^ Cain Miller, Claire (Nov 24, 2009). "Milo, a Site to Help People Shop Offline, Attracts Investors". NY Times. Retrieved 2 August 2017.
  5. ^ 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.
  6. ^ Mangalindan, JP (Jan 28, 2013). "eBay loses head of local Jack Abraham". Fortune.
  7. ^ Geron, Tomio (Jan 23, 2017). "Atomic, With First Fund, Looks to Upend Venture-Capital Model". The Wall Street Journal.
  8. ^ "Atomic just raised $260 million more to build and fund its own companies". TechCrunch. Retrieved 2021-05-27.
  9. ^ "Watchlist: Charitable Fashion, Self-Driving Tractors, and a Men's Health Unicorn". Wharton Magazine.
  10. ^ Schleifer, Teddy (Jan 28, 2019). "Hims is finalizing a $100 million fundraising round that values the company at $1 billion pre-money". Recode.
  11. ^ Cheng, Candy. "The real story of how Atomic's Jack Abraham is turning Wynwood into the heart of Miami's tech scene". Business Insider. Retrieved 2021-05-27.
  12. ^ Cheng, Candy. "Meet OpenStore, the new stealth Miami startup founded by Founders Fund VC Keith Rabois and Atomic's Jack Abraham". Business Insider. Retrieved 2021-05-27.
  13. ^ Sacks, Danielle. "How Jack Abraham is Reinventing eBay". Fast Company.
  14. ^ "Forbes 30 under 30: Technology". Forbes. Archived from the original on April 15, 2013.