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Tony Hsieh

Tony Hsieh is an innovative advertiser who developed Zappos.com

Booking Fee: Contact us below Artist Location: United States IMDb Wikipedia

Tony Hsieh's Bio: In 1996, Hsieh started developing the idea for an advertising network called LinkExchange. Members were allowed to advertise their site over LinkExchange's network by displaying banner ads on their website. They launched in March 1996, with Hsieh as CEO, and f ound their first 30 clients by direct emailing webmasters. The site grew, and within 90 days LinkExchange had over 20,000 participating web pages, and had its banner ads displayed over 10 million times. By 1998, the site had over 400,000 members and 5 million ads rotated daily. In November 1998, LinkExchange sold to Microsoft for $265 million.

After LinkExchange sold to Microsoft, Hsieh co-founded Venture Frogs, an incubator and investment firm, with his partner, Alfred Lin. The name originated from a dare. One of Hsieh’s friends said she would invest everything if they chose "Venture Frogs" as the name, and the pair took her up on the bet (although they have yet to see any money). They invested in variety of tech and internet startups, including Ask Jeeves , OpenTable and Zappos.

In 1999, Nick Swinmurn approached Hsieh and Lin with the idea of selling shoes online. Hsieh was initially skeptical, and almost deleted Swinmurn’s initial voice mail. After Swinmurn mentioned that "footwear in the US is a 40 bi llion dollar market and 5% of that was already being sold by paper mail order catalogs," Hsieh and Lin decided to invest through Venture Frogs. Two months later, Hsieh joined Zappos as the CEO and has since doubled revenues every year, starting with $1.6 million in 2000. By 2009, revenues reached $1 billion.

On July 22, 2009 Amazon.com announced the acquisition of Zappos.com in a deal valued at approximately 1.2 billion . He is said to have made at least $214 million from the sale not including money made thr ough his former investment firm Venture Frogs. … Read more

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