John Collison

John Collison
Collison at the Web Summit.
Born (1990-08-06) August 6, 1990
Limerick, County Limerick, Ireland
Residence San Francisco, California, U.S.
Nationality Irish
Education Castletroy College
Alma mater Harvard University
Known for Auctomatic; Croma; Stripe
Net worth US$1.0 billion (August 2018)[1]
Relatives Patrick Collison (brother)

John Collison (born 1990) is an Irish entrepreneur. He is best known for having co-founded Stripe with his brother, Patrick. The brothers are worth at least $1.1 billion each, after San Francisco-based Stripe raised $150 million from CapitalG, an investment division of Google parent company Alphabet, and General Catalyst Partners.

Biography

In 2007, Collison founded "Shuppa" with his older brother Patrick in Limerick, Ireland.[2] The company later merged with Auctomatic, which was funded by Y Combinator,[3] and Collison moved to Silicon Valley.

Auctomatic was a software company that built tools for the eBay platform.[4] The company was also funded by Chris Sacca.[5] Auctomatic was acquired for $5 million in March 2008, when Collison was 17.[6][7][8][9]

In 2009, Collison (having returned to finish secondary school at Castletroy College) received 8 A1 and 2 A2 grades in the Irish Leaving Certificate examination. He continued to study at Harvard University, commencing his studies in September 2009.[10] Collison is a pilot[11] and a pianist.[12]

In 2010, Collison co-founded Stripe, which received backing from Elon Musk, Peter Thiel, Max Levchin, and Sequoia Capital.[13]

In November 2016, the Collison brothers became the world's youngest self-made billionaires, worth at least $1.1 billion, after an investment in Stripe from CapitalG and General Catalyst valued the company at $9.2 billion.[14]

References

  1. ↑ "John Collison". Forbes. Retrieved 21 March 2017.
  2. ↑ "Shuppa Bebo profile".
  3. ↑ "Y Combinator FAQ".
  4. ↑ "VentureBeat".
  5. ↑ "Chris Sacca's blog".
  6. ↑ McDonald, Henry (28 March 2008). "The Guardian". London, UK.
  7. ↑ "Getting right down to business in TY". The Irish Times. 4 April 2008.
  8. ↑ "BBC News". 27 March 2008.
  9. ↑ McBride, Louise (28 December 2008). "The Irish Independent".
  10. ↑ "Harvard next on menu for knowledge-hungry dot.com high flyer". The Irish Times. 9 September 2009.
  11. ↑ "40 under 40". 20 November 2011.
  12. ↑ "The Irish Times". 9 September 2009.
  13. ↑ "Stealth Payment Startup Stripe Backed By PayPal Founders". 28 March 2011.
  14. ↑ Mac, Ryan. "Stripe Investment Makes Cofounder The World's Youngest Self-Made Billionaire". Forbes. Retrieved 28 November 2016.
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