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Twitter@jackabraham

Degrees

The Wharton School of the University of Pennsylvania, BE 2008
Technological Entrepreneurship

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Jack Abraham

Jack Abraham is the Founder & CEO of Milo, a leading local shopping engine that was acquired by eBay in December of 2010 where he now serves as the company’s Director of Local.

Believing that commerce would expand beyond Amazon and eBay, Jack left the Wharton School in early 2008 and moved to Palo Alto with his co-founder John Evans to experiment with ideas of the future of shopping. Shortly thereafter they discovered a major pain point: an inability to check local stock and prices in real-time from the web. In the fall of 2008 he raised an angel round with prominent angels Keith Rabois, Kevin Hartz, and Jawed Karim.

In the following year Milo added 50,000 retail locations across the US and attracted over 1 million unique monthly visitors without marketing. In the fall of 2009, Milo, then a strongly technical team of 26, was bought by eBay.

Recent Milestones

Investments

Company Date Round Size Participants
FundersClub 10/2012Seed$6.5M25
Twice 8/2012Venture Round$4M14
Kicksend 11/2011Seed$1.8M8
Gobble 5/2011Venture Round$1.2M14
Pinterest 5/2011Series A$10M7
Pinterest 1/2010Angel$500k10

Videos

Sources

  1. To Turn The Crowd Into Venture Capitalists, FundersClub Raises $6M Seed Round -- Biggest In YC History (techcrunch.com) [edit]
  2. Disrupt San Francisco Early Bird Special news Comment 0 inShare14 Twice Raises $4M From IA, SV Angel And CrunchFund For Its Concierge-Style Secondhand Clothing Marketplace (techcrunch.com) [edit]
  3. Kicksend Grabs $1.8 Million From True Ventures, SV Angel & More For Dead Simple File Sharing (techcrunch.com) [edit]
  4. Marketplace For Home-Cooked Food Gobble Raises $1.2M From Founder Collective, Greylock And Other Angels (techcrunch.com) [edit]
  5. Pinterest Has Already Pinned Down $10M At A $40M Valuation (techcrunch.com) [edit]
  6. Pinterest / Team (pinterest.com) [edit]
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Last Edited 3/14/14

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