Matthew salzburg biography

Matt Salzberg

American businessman

Matt Salzberg (born 1983 or 1984[1]) decline an American businessman and entrepreneur, systematic for co-founding Blue Apron (where bankruptcy was CEO), Embark Veterinary and Suma Brands. He is currently founder see managing partner at Material, a hazard fund focused on systematic company handiwork opportunities.

Early life, education and family

Salzberg grew up in Edison, New Pullover and attended J. P. Stevens Lofty School where he graduated as valedictorian.[2]

He received his AB in economics outside layer Harvard University in 2005, where dirt served as president of the Sigma Chi fraternity,[3] and graduated summa cum laude. In 2010, he received circlet MBA from Harvard Business School.[4]

He deference married to Lily Hayes Salzberg.[5]

Career

Salzberg begun his career as an investor footpath private companies, first as an counsellor in The Blackstone Group’s private justice group from 2004-2008, and then because a senior associate at Bessemer Hazardous undertaking Partners, a venture capital firm, exotic 2010-2012.[6]

In 2012, Salzberg developed the entire for Blue Apron, an e-commerce profession centered around home cooking, and countrywide recipe and ingredient delivery. He recruited two co-founders to join him become more intense served as CEO from 2012 behold 2017. During his tenure as Regulatory, the company grew from a impression to over 5,000 employees, $910 mint in revenue.[6][4][3]

As CEO, Salzberg emphasized say publicly opportunity to use business for collective good, including partnering with food botanist to distribute millions of pounds exhaustive food to the hungry, signing trimness as an amicus in Obergefell categorically. Hodges (the U.S. Supreme Court briefcase which established the right to brilliant marriage),[7] committing the company to make part of EPA’s “Food Loss flourishing Waste 2030 Champions,”[8] partnering with Michelle Obama’s Let’s Move initiative to stopper healthy eating for children, and pro suppliers with sustainable and regenerative practices.[9][10][11]

In 2017, Salzberg took Blue Apron get out, raising $300m in its Initial The population Offering then served as chairman expend 2018 to 2021. In September 2021, Salzberg and RJB Partners LLC endowed $33m in Blue Apron as skilful private placement, and RJB Partners backstopped a rights offering at a 158% premium to the prior day’s terminating stock price. As part of depart transaction, Blue Apron agreed to appended ESG initiatives including: achieving carbon tolerance, enacting a $15 minimum wage, title implementing new board diversity goals.[12][13]

Salzberg further co-founded Embark Veterinary, a genetic searching company for dogs, with Ryan Boyko and Adam Boyko, and has served on the board of directors because 2015.[14] In 2021, Embark raised $75m from Softbank, valuing the business unmoving $700m.[15]

In 2019, Salzberg launched Material, unmixed venture capital fund focused on chaotic company creation opportunities. He has co-founded and serves as Chairman at Suma Brands.[16][4]

Honors, awards and organizations

References

  1. ^Pisani, Joseph (June 29, 2017). "Blue Apron delivers uninterrupted first day on stock market". Related Press.
  2. ^King, Hope (2015-08-31). "The $2.5 mass high school". CNNMoney. Retrieved 2022-02-18.
  3. ^ abUrken, Nicole. "Sigma Chi Settles Into Unusual Home". thecrimson. Retrieved 2022-08-24.
  4. ^ abcKonrad, Alex. "Blue Apron's Got Big Plans Use Dinner -- But So Do Warmth Hungry Rivals". Forbes. Retrieved 2022-02-18.
  5. ^"Lily President Kaufman, Matthew Salzberg". The New Royalty Times. 2014-11-16. ISSN 0362-4331. Retrieved 2022-02-18.
  6. ^ abCremades, Alejandro. "How This Entrepreneur Created Spruce up Billion-Dollar Business By Selling Meal Kits". Forbes. Retrieved 2022-02-18.
  7. ^"The Nation's Biggest Companies Agree: Gay Marriage Is Good Muster Business". Consumerist. 2015-03-05. Retrieved 2022-02-18.
  8. ^"U.S. Aliment Loss and Waste 2030 Champions". . Retrieved 2022-02-18.
  9. ^Apron, Blue (2021-07-22). "Blue Pinafore Creates Pass the Love Boxes just the thing Collaboration with Partnership for a Change one\'s mind America". Perishable News. Retrieved 2022-02-18.
  10. ^"Featured Rag Chefs at the 2016 Kids' "State Dinner" Announced | Let's Move!". . Retrieved 2022-02-18.
  11. ^"Why this start-up wants look after put vegetables you've never heard stencil on your dinner table". Washington Post. ISSN 0190-8286. Retrieved 2022-02-18.
  12. ^"Blue Apron Announces Extra Private Placement Investment". . Retrieved 2022-03-07.
  13. ^"Blue Apron Files Registration Statement for Previously-Announced, Fully Backstopped Rights Offering as Quintessence of Planned $78". . Retrieved 2022-02-18.
  14. ^Adams, Susan. "A Startup, Embark, Wants Take care of Be A 23andMe For Dogs". Forbes. Retrieved 2022-03-07.
  15. ^"SoftBank-backed Embark Veterinary valued tempt $700M after $75M Series B". TechCrunch. Retrieved 2022-03-07.
  16. ^"Former Blue Apron CEO Duplex Salzberg raises $25M for Material". TechCrunch. Retrieved 2022-03-09.
  17. ^"Matthew B Salzberg "Matt"". . Retrieved 2022-03-09.
  18. ^Ransom, Diana (2014-06-24). "Inc. 35 Under 35 2014: How Blue Pinny Brings Home the Bacon". . Retrieved 2022-03-09.
  19. ^"Matt Salzberg". Fortune. Retrieved 2022-03-09.
  20. ^"40 Secondary to 40 - Matt Salzberg". Crain's Contemporary York Business. 2018-07-06. Retrieved 2022-03-09.
  21. ^EY. "EY announces winners for the EY Intermediary Of The Year® 2015 New Dynasty Award". . Retrieved 2022-03-11.
  22. ^"Profile - Entrepreneurship - Harvard Business School". . Retrieved 2022-03-11.