Yelp, one of the most popular local business listing sites, was co-founded by Jeremy Stoppelman. He currently works as the CEO of the company. He made headlines in 2010 when he turned down Google’s offer to buy the company, and took the company public two years later.
Fast facts
Famous name: | Jeremy Stoppelman |
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Real name/Full name: | Jeremy Stoppelman |
Sex: | Male |
Age: | 44 years old |
Date of birth: | November 10, 1977 |
Birth place: | Arlington County, Virginia, United States |
Nationality: | American |
Height: | 1.78 m |
Weight: | 72 kg |
Sexual orientation: | Straight |
Marriage status: | Single |
Wife/spouse (name): | ON |
children: | ON |
Profession: | American business director |
Net worth in 2023: | 300 million dollars |
Biography of Jeremy Stoppelman
Jeremy Stoppelman was born on November 10, 1977 in Virginia, United States. He is an American Jew. His mother was a teacher and his father a security guard. In 1999, Jeremy graduated from the University of Illinois with a degree in computer engineering. He later attended Harvard Business School for a year. Jeremy is still single and dating Kelcey Morton, who is also a techie.
Jeremy Stoppelman Age, height, weight
Jeremy Stoppelman was born on November 10, 1977, he is 44 years old as of 2022. He is 1.78 m tall and weighs 72 kg.
Jeremy Stoppelman
Career
Jeremy’s interest in computers and work dates back to adolescence. When he was 14, he started investing in stocks. He always wanted to work as a game developer. He started his professional career at Home Network and then moved to X.com, which is now known as PayPal. There he met Max Levchin, who later became a major investor in Yelp. Jeremy rose to the position of Vice President of Engineering at Paypal before leaving the company when it was acquired by eBay in 2003.
When he was trying to find a recommendation for a local doctor in the summer of 2004, he got the idea for Yelp. He then collaborated with his former PayPal colleague Russell Simmons to create Yelp, which would provide users with recommendations for local businesses. Max Levchin secured seed funding of $1 million and the company has since grown to a net worth of $4 billion. In 2010, it was Steve Jobs who convinced Jeremy to turn down Google’s acquisition offer.
Achievements and awards of Jeremy Stoppelman
Jeremy’s most notable achievement is being the co-founder of a multi-billion dollar corporation. In 2010, the company had only 30 employees, but its annual revenue was around 30 billion dollars. Another turning point in his life happened when he bravely turned down Google’s billion-dollar offer to buy the company. Jeremy was VP of Engineering at PayPal. He is recognized for his innovative management style, in which he sits among his employees rather than in a remote office.
Jeremy Stoppelman Net Worth in 2023
Jeremy Stoppelman’s net worth is estimated to be more than $300 million as of August 2023. His first source of income was his job as VP of Engineering at PayPal. His ultimate source of wealth, however, is the company he co-founded, in which he owns 11% of the shares. He receives no compensation for his role as CEO of the company.
Jeremy Stoppelman wants Yelp to be more than just a website for local business recommendations. Under his leadership, the company has already acquired several different companies and they are also investing in various related businesses such as online food ordering services, restaurant reservations and so on. His vast experience and management style will undoubtedly propel Yelp to new heights of success in the coming years.
Categories: Biography
Source: HIS Education