Travis VanderZanden: Difference between revisions
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{{Short description|American businessman}} |
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{{Infobox person |
{{Infobox person |
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| name = Travis VanderZanden |
| name = Travis VanderZanden |
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| birth_date = {{birth year and age|1979}} |
| birth_date = {{birth year and age|1979}} |
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| birth_place = [[Appleton, Wisconsin]], USA<ref name="Early Life" /> |
| birth_place = [[Appleton, Wisconsin]], USA<ref name="Early Life" /> |
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| education = [[University of Wisconsin–Eau Claire]] ([[Bachelor of Business Administration|BBA]]) <br/>[[USC Marshall School of Business|University of Southern California]] ([[Master of Business Administration|MBA]]) |
| education = [[University of Wisconsin–Eau Claire]] ([[Bachelor of Business Administration|BBA]]) <br />[[USC Marshall School of Business|University of Southern California]] ([[Master of Business Administration|MBA]]) |
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| occupation = [[Entrepreneur]] |
| occupation = [[Entrepreneur]] |
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| known_for = Founder of [[Bird |
| known_for = Founder of [[Bird Global|Bird]] |
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| networth = |
| networth = |
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| relatives = |
| relatives = |
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}} |
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'''Travis VanderZanden''' (born 1979) <ref>https://www.cnet.com/google-amp/news/the-electric-scooter-invasion-is-underway-bird-ceo-travis-vanderzanden-leads-the-charge/&ved=2ahUKEwiCtsWqv9rsAhUFi6wKHef_CnsQFjADegQIAxAB&usg=AOvVaw1mIw1Bzf0q3ZxaG7ntLjVu&cf=1</ref> is an American businessman and the founder and |
'''Travis VanderZanden''' (born 1979) <ref>https://www.cnet.com/google-amp/news/the-electric-scooter-invasion-is-underway-bird-ceo-travis-vanderzanden-leads-the-charge/&ved=2ahUKEwiCtsWqv9rsAhUFi6wKHef_CnsQFjADegQIAxAB&usg=AOvVaw1mIw1Bzf0q3ZxaG7ntLjVu&cf=1 {{Dead link|date=February 2022}}</ref> is an American businessman and the founder and former CEO of [[Bird Global|Bird]], a [[scooter sharing]] service owned by Third Lane Mobility. Before founding Bird, VanderZanden was Chief Operating Officer at [[Lyft]], then VP of International Growth at [[Uber]]. |
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== Education == |
== Education == |
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=== Early career === |
=== Early career === |
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VanderZanden worked as a product manager at [[Qualcomm]].{{ |
VanderZanden worked as a product manager at [[Qualcomm]].{{citation needed|date=September 2021}} After leaving Qualcomm, he was Chief Revenue Officer for [[Yammer]] from 2009 to 2011, then left to co-found Cherry, an on-demand car-wash service. He was CEO of Cherry until 2013, when the company was acquired by Lyft, and he was brought on as Chief Operating Officer.<ref name="Lyft Blog 2013">{{cite web | title=Lyft Acquires Cherry, Prepares for Lyft-off in Seattle | website=Lyft Blog | date=2013-03-26 | url=https://blog.lyft.com/posts/2013/3/26/lyft-acquires-cherry-prepares-for-lyft-off-in-seattle | access-date=2018-06-01}}</ref> He left Lyft for Uber in October 2014. Lyft later sued him for allegedly breaking his confidentiality agreement, and the lawsuit was settled for undisclosed terms, with VanderZanden denying any wrongdoing.<ref name="Kosoff 2014">{{cite web | last=Kosoff | first=Maya | title=Uber Has Hired The Former COO Of Its Biggest Competitor | website=Business Insider | date=2014-10-06 | url=http://www.businessinsider.com/uber-hires-former-coo-of-its-biggest-competitor-lyft-2014-10 | access-date=2018-06-01}}</ref><ref name="Levine 2016">{{cite web | last=Levine | first=Dan | title=Uber, Lyft settle litigation involving top executives | website=U.S. | date=2016-06-28 | url=https://www.reuters.com/article/us-uber-lyft/uber-lyft-resolve-litigation-involving-top-executives-idUSKCN0ZE0FP | access-date=2018-06-01}}</ref> VanderZanden then left Uber in October 2016.<ref name="Carson 2016">{{cite web | last=Carson | first=Biz | title=The only executive to hold a high-ranking position at both Uber and Lyft is leaving Uber | website=Business Insider | date=2016-09-30 | url=http://www.businessinsider.com/uber-vp-of-driver-growth-travis-vanderzanden-leaves-uber-2016-9 | access-date=2018-06-01}}</ref> |
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=== Bird === |
=== Bird === |
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VanderZanden founded [[Bird |
VanderZanden founded [[Bird Global|Bird]] in the summer of 2017. The company deployed its first scooters that September, before raising a $15 million [[Series A round]] of financing in February, 2018.<ref name="Loizos 2018">{{cite web |last=Loizos |first=Connie | title=This former Uber (and Lyft) exec just raised $15 million for his controversial e-scooter startup: Bird | website=TechCrunch | date=2018-02-13 | url=https://techcrunch.com/2018/02/13/this-former-uber-and-lyft-exec-just-raised-15-million-for-his-controversial-e-scooter-startup-bird/ | access-date=2018-06-01}}</ref> In October of 2018, Bird released its latest edition of the scooter, Bird Zero, which was designed and built in partnership with Okai.<ref>{{Cite web|url=https://techcrunch.com/2018/10/04/bird-unveils-custom-electric-scooters-and-delivery/|title=Bird unveils custom electric scooters and delivery|website=TechCrunch|date=4 October 2018 |language=en-US|access-date=2019-05-07}}</ref> As of 2019, the company is now in 120 cities across the globe.<ref>{{Cite web|url=https://techcrunch.com/2019/02/03/bird-ceo-on-scooter-startup-copycats-unit-economics-safety-and-seasonality/|title=Bird CEO on scooter startup copycats, unit economics, safety and seasonality|website=TechCrunch|date=3 February 2019 |language=en-US|access-date=2019-05-07}}</ref><ref>{{Cite web|url=https://www.inc.com/magazine/201902/will-yakowicz/bird-electric-scooter-travis-vanderzanden-2018-company-of-the-year.html|title=14 Months, 120 Cities, $2 Billion: There's Never Been a Company Like Bird. Is the World Ready?|last=Yakowicz|first=Will|date=2018-12-10|website=Inc.com|access-date=2019-07-03}}</ref> The company has taken in $415 million in funding. To date, Bird has provided more than 10 million rides. The company currently receives $1.27 on every Bird ride taken, which is inclusive of all costs.<ref>{{Cite news|url=https://www.nytimes.com/2019/07/22/technology/bird-scooters-valuation.html|title=Bird Is Said to Raise New Funding at $2.5 Billion Valuation|last=Griffith|first=Erin|date=2019-07-22|work=The New York Times|access-date=2019-07-31|language=en-US|issn=0362-4331}}</ref> VanderZanden was a speaker at [[TechCrunch|TechCrunch's]] Disrupt SF in October 2019.<ref>{{Cite web|url=https://techcrunch.com/2019/09/25/bird-ceo-travis-vanderzanden-to-talk-scooters-unit-economics-and-multibillion-dollar-valuation/|title=Bird CEO Travis VanderZanden to talk scooters, unit economics and a multi-billion-dollar valuation at Disrupt SF|website=TechCrunch|date=25 September 2019 |language=en-US|access-date=2019-10-06}}</ref> |
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During the COVID-19 mass layoff of Bird employees, VanderZanden was criticized for not informing employees in person about their dismissal, rather, delegating the task to the company's Chief Communications Officer.<ref>{{Cite web|url= https://www.theverge.com/2020/4/23/21231802/bird-electric-scooter-company-workplace-culture-layoffs|title=Bird layoffs|website=TheVerge|language=en-US|access-date=2020-04-23}}</ref> |
During the COVID-19 mass layoff of Bird employees, VanderZanden was criticized for not informing employees in person about their dismissal, rather, delegating the task to the company's Chief Communications Officer.<ref>{{Cite web|url= https://www.theverge.com/2020/4/23/21231802/bird-electric-scooter-company-workplace-culture-layoffs|title=Bird layoffs|website=TheVerge|date=23 April 2020|language=en-US|access-date=2020-04-23}}</ref> |
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In September 2023, Bird was delisted from the New York Stock Exchange because of its low stock price. Its $7 million market capitalization is less than the value of the $22 million Miami mansion that VanderZanden bought in 2021. <ref>{{Cite news|url=https://www.nytimes.com/2023/12/07/technology/tech-startups-collapse.html|title=From Unicorns to Zombies: Tech Start-Ups Run Out of Time and Money}}</ref> In 2024, Bird was acquired by Third Lane Mobility to avoid bankruptcy.<ref>{{Cite web |last=Blum |first=Sam |date=30 April 2024 |title=Bird Flies Again From Bankruptcy With a New, Regulator-Friendly Strategy |url=https://www.inc.com/sam-blum/bird-flies-again-from-bankruptcy-with-a-new-regulator-friendly-approach.html |website=Inc. Magazine}}</ref> |
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=== Personal life === |
=== Personal life === |
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In 2020, VanderZanden purchased a home in [[Bel Air, Los Angeles|Bel |
In 2020, VanderZanden purchased a home in [[Bel Air, Los Angeles|Bel Air]] formerly owned by [[Trevor Noah]].<ref>{{Cite news|url=https://www.dirt.com/moguls/tech/bird-ceo-travis-vanderzanden-paid-21-7-million-for-trevor-noahs-bel-air-mansion-1203362519/|title=Bird CEO Travis VanderZanden Paid $21.7 Million for Trevor Noah's Bel Air Mansion|last=Mcclain|first=James|date=2021-01-26|work=Dirt|access-date=2021-01-26}}</ref> |
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== References == |
== References == |
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{{reflist}} |
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<references/> |
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== External links == |
== External links == |
Latest revision as of 15:03, 21 October 2024
Travis VanderZanden | |
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Born | 1979 (age 45–46) |
Education | University of Wisconsin–Eau Claire (BBA) University of Southern California (MBA) |
Occupation | Entrepreneur |
Known for | Founder of Bird |
Notes | |
Travis VanderZanden (born 1979) [3] is an American businessman and the founder and former CEO of Bird, a scooter sharing service owned by Third Lane Mobility. Before founding Bird, VanderZanden was Chief Operating Officer at Lyft, then VP of International Growth at Uber.
Education
[edit]VanderZanden graduated from Appleton North High School in 1997,[1] he later attended University of Wisconsin–Eau Claire from 1997 to 2002, receiving a Bachelor of Business Administration. He earned a Master of Business Administration from the USC Marshall School of Business in 2007.
Career
[edit]Early career
[edit]VanderZanden worked as a product manager at Qualcomm.[citation needed] After leaving Qualcomm, he was Chief Revenue Officer for Yammer from 2009 to 2011, then left to co-found Cherry, an on-demand car-wash service. He was CEO of Cherry until 2013, when the company was acquired by Lyft, and he was brought on as Chief Operating Officer.[4] He left Lyft for Uber in October 2014. Lyft later sued him for allegedly breaking his confidentiality agreement, and the lawsuit was settled for undisclosed terms, with VanderZanden denying any wrongdoing.[5][6] VanderZanden then left Uber in October 2016.[7]
Bird
[edit]VanderZanden founded Bird in the summer of 2017. The company deployed its first scooters that September, before raising a $15 million Series A round of financing in February, 2018.[8] In October of 2018, Bird released its latest edition of the scooter, Bird Zero, which was designed and built in partnership with Okai.[9] As of 2019, the company is now in 120 cities across the globe.[10][11] The company has taken in $415 million in funding. To date, Bird has provided more than 10 million rides. The company currently receives $1.27 on every Bird ride taken, which is inclusive of all costs.[12] VanderZanden was a speaker at TechCrunch's Disrupt SF in October 2019.[13]
During the COVID-19 mass layoff of Bird employees, VanderZanden was criticized for not informing employees in person about their dismissal, rather, delegating the task to the company's Chief Communications Officer.[14]
In September 2023, Bird was delisted from the New York Stock Exchange because of its low stock price. Its $7 million market capitalization is less than the value of the $22 million Miami mansion that VanderZanden bought in 2021. [15] In 2024, Bird was acquired by Third Lane Mobility to avoid bankruptcy.[16]
Personal life
[edit]In 2020, VanderZanden purchased a home in Bel Air formerly owned by Trevor Noah.[17]
References
[edit]- ^ a b "How Bird scooters CEO Travis VanderZanden went from Appleton to the head of a company valued at $2 billion". www.postcrescent.com. Retrieved September 22, 2021.(subscription required)
- ^ "Travis VanderZanden - CEO & Founder - Bird". LinkedIn. Retrieved 2018-05-31.
- ^ https://www.cnet.com/google-amp/news/the-electric-scooter-invasion-is-underway-bird-ceo-travis-vanderzanden-leads-the-charge/&ved=2ahUKEwiCtsWqv9rsAhUFi6wKHef_CnsQFjADegQIAxAB&usg=AOvVaw1mIw1Bzf0q3ZxaG7ntLjVu&cf=1 [dead link ]
- ^ "Lyft Acquires Cherry, Prepares for Lyft-off in Seattle". Lyft Blog. 2013-03-26. Retrieved 2018-06-01.
- ^ Kosoff, Maya (2014-10-06). "Uber Has Hired The Former COO Of Its Biggest Competitor". Business Insider. Retrieved 2018-06-01.
- ^ Levine, Dan (2016-06-28). "Uber, Lyft settle litigation involving top executives". U.S. Retrieved 2018-06-01.
- ^ Carson, Biz (2016-09-30). "The only executive to hold a high-ranking position at both Uber and Lyft is leaving Uber". Business Insider. Retrieved 2018-06-01.
- ^ Loizos, Connie (2018-02-13). "This former Uber (and Lyft) exec just raised $15 million for his controversial e-scooter startup: Bird". TechCrunch. Retrieved 2018-06-01.
- ^ "Bird unveils custom electric scooters and delivery". TechCrunch. 4 October 2018. Retrieved 2019-05-07.
- ^ "Bird CEO on scooter startup copycats, unit economics, safety and seasonality". TechCrunch. 3 February 2019. Retrieved 2019-05-07.
- ^ Yakowicz, Will (2018-12-10). "14 Months, 120 Cities, $2 Billion: There's Never Been a Company Like Bird. Is the World Ready?". Inc.com. Retrieved 2019-07-03.
- ^ Griffith, Erin (2019-07-22). "Bird Is Said to Raise New Funding at $2.5 Billion Valuation". The New York Times. ISSN 0362-4331. Retrieved 2019-07-31.
- ^ "Bird CEO Travis VanderZanden to talk scooters, unit economics and a multi-billion-dollar valuation at Disrupt SF". TechCrunch. 25 September 2019. Retrieved 2019-10-06.
- ^ "Bird layoffs". TheVerge. 23 April 2020. Retrieved 2020-04-23.
- ^ "From Unicorns to Zombies: Tech Start-Ups Run Out of Time and Money".
- ^ Blum, Sam (30 April 2024). "Bird Flies Again From Bankruptcy With a New, Regulator-Friendly Strategy". Inc. Magazine.
- ^ Mcclain, James (2021-01-26). "Bird CEO Travis VanderZanden Paid $21.7 Million for Trevor Noah's Bel Air Mansion". Dirt. Retrieved 2021-01-26.
External links
[edit]- Living people
- Marshall School of Business alumni
- University of Wisconsin–Eau Claire alumni
- 21st-century American businesspeople
- American technology chief executives
- American technology company founders
- American transportation businesspeople
- Businesspeople from the San Francisco Bay Area
- 1979 births
- People from Appleton, Wisconsin