Brad Garlinghouse

Bradley Kent "Brad" Garlinghouse is the CEO and on the Board of Directors of financial technology company Ripple. He previously was the CEO and Chairman of Hightail (formerly YouSendIt). Before Hightail, he held executive positions at AOL and Yahoo!

Bradley Kent Garlinghouse
Born (1971-02-06) February 6, 1971
Nationality
Alma materUniversity of Kansas
Harvard Business School
OccupationCEO Ripple (2015-)

He was born February 6, 1971 in Topeka, Kansas. Garlinghouse has a BA in economics from the University of Kansas and an MBA from Harvard Business School.[1]

Career

Garlinghouse had early stints at @Home Network and as a GP at @Ventures before joining Dialpad as CEO from 2000 - 2001. From 2003 - 2008, he served as Senior Vice President at Yahoo! where he ran its Homepage, Flickr, Yahoo! Mail, and Yahoo! Messenger divisions.[2] While at Yahoo! he penned an internal memo known as the "Peanut Butter Manifesto,"[3] calling for the company to focus on its core business, rather than spreading itself too thin, like peanut butter.[4]

After Yahoo!, he served as a Senior Advisor at Silver Lake Partners, and then went on to be President of Consumer Applications at AOL from 2009 - 2011. He joined Hightail (formerly YouSendIt) as CEO until September 2014.

He is an active angel investor in over 40 companies including hardware company Pure Storage, AI startup Diffbot, and Indigo Agriculture.[5] He previously held board positions at Animoto,[6] Ancestry.com,[7] OutMatch and Tonic for Health.[8]

Ripple

Garlinghouse joined Ripple as COO in April 2015, reporting to then CEO and co-founder Chris Larsen. He was promoted to CEO in December 2016.[9]

In 2018 Garlinghouse claimed "major banks" would be using Ripple tools that made use of the XRP cryptocurrency and that by end of 2019 "dozens" of banks would be using XRP.[10] In November 2019, Ripple announced “...over two dozen customers are signed up to use the product, with some of them already being live” [11]

In December 2019, Garlinghouse announced that Ripple had raised a $200M series C funding round from Tetragon, SBI Ventures and Route 66 Ventures.[12] In January 2020, he made comments alluding to a Ripple IPO in the future.[13]

In April 2020, he and Ripple jointly filed a lawsuit against YouTube alleging that the social media platform did not act to remove impersonation scam videos using his and Ripple’s likenesses.[14]

References

  1. "Story Details - Alumni - Harvard Business School". www.alumni.hbs.edu. Retrieved 2020-05-12.
  2. Catone, Josh. "Is Facebook Like Google, or More Like Yahoo?". Mashable. Retrieved 2020-05-12.
  3. "Yahoo Memo: The 'Peanut Butter Manifesto'". The Wall Street Journal. November 18, 2006.
  4. Delaney, Kevin J. (November 18, 2006). "As Yahoo Falters, Executive's Memo Calls for Overhaul '". The Wall Street Journal.
  5. Brad Garlinghouse AngelList https://angel.co/brad-garlinghouse
  6. "Now At 4M Users, Video Startup Animoto Adds Former Aol/Yahoo Exec Brad Garlinghouse To Board". TechCrunch. Retrieved 2020-04-18.
  7. "Our Story | Ancestry Corporate". www.ancestry.com. Retrieved 2020-04-18.
  8. "Tonic Health". Crunchbase. Retrieved 2020-04-18.
  9. "Brad Garlinghouse takes over as CEO of payments startup Ripple". TechCrunch. Retrieved 2020-05-12.
  10. "Ripple CEO: Expect dozens of banks to use our cryptocurrency next year". CNBC. 2018-06-04. Retrieved 2020-04-25.
  11. "Ripple Surpasses 300 Customers As Swell 2019 Kicks Off In Singapore". Forbes. 2019-11-06. Retrieved 2020-05-03.
  12. "Ripple Raises $200 Million to Push Adoption of XRP Cryptocurrency". Fortune. Retrieved 2020-05-12.
  13. "Ripple's Brad Garlinghouse Hints Firm May Seek IPO Within 12 Months". CoinDesk. 2020-01-24. Retrieved 2020-05-12.
  14. "ECF 1 - Complaint - 20-Cv-2747 | You Tube | Complaint | Free 30-day Trial". Scribd. Retrieved 2020-05-12.


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