User:Prof.PMarini/sandbox/new

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Daniel Hoffer
Born
CitizenshipAmerican
Alma materHarvard University (AB)
Columbia University (MBA)
Occupation(s)Entrepreneur, Executive, Venture Capitalist
Known forCo-founder and former CEO of CouchSurfing
Managing Director of Autotech Ventures

Daniel Hoffer is an American

venture capitalist.[1] He is co-founder and former CEO of the hospitality exchange service, CouchSurfing.[2] [3]

Hoffer is currently Managing Director at Autotech Ventures, a California-based venture capital firm that invests in ground transportation startups.[4]

Background

Hoffer grew up in Brookline.[5] He started his first dot-com company at age 15,[2] and has been involved in internet-related communities and businesses since 1990.[6] During high school, he ran an online Bulletin Board System and an educational program that connected physically-challenged individuals with other students online.[6]

Hoffer graduated with an A.B. degree in Philosophy from Harvard University, then completed his M.B.A. at Columbia University.[2]

Career

Hoffer co-founded Fuxito Worldwide, a venture-backed soccer website. While working at Fuxito, he hired Casey Fenton and Sebastien Letuan in 1999.[6]

He worked as a strategist at

NEC Corporation and in sales at Siebel Systems.[6] In 2007, he moved into product management at Symantec.[5] Daniel also subsequently worked at Concur as Head of Produt for TripIt.[7][8]

CouchSurfing

Daniel Hoffer and Sebastian Letuan assisted Casey Fenton as co-founders of CouchSurfing.[6] They registered the company as a non-profit in 2003.[9]

Hoffer was Couchsurfing's chief operating officer and head of revenue-generation while the company was operating as a non-profit.[5] He was later appointed chairman of the board.[10]

In 2010, the Internal Revenue Service (IRS), denied the company's application for 501(c)(3) tax-exempt status. Hoffer then became CEO of CouchSurfing, joined Benchmark Capital as an Entrepreneur-in-Residence, and converted CouchSurfing to a for profit certified B corporation.[11][12]

In 2011, as CEO, Hoffer raised $7.6 million in Series A venture capital funding for CouchSurfing.[13] The funding was led by Benchmark Capital and Omidyar Network.[13][14]

In 2012, Hoffer resigned as CEO of Couchsurfing, and was replaced by Tony Espinoza.[11]

Other Ventures

In 2015, Hoffer was named a Partner at Tandem Capital, a Silicon Valley mobile-first seed venture capital fund.[7]

In 2018, he was named as a part-time General Partner in Austrian VC fund, SpeedInvest.[15]

As managing director at Autotech, Hoffer executed the company's investments in

SWVL, a private transit start-up in Dubai and Cairo, that later went public in NASDAQ,[16] BusUp, a shuttle platform in Barcelona,[1] and in Bus.com, a charter bus service in Montreal.[17] His pursuit of bus startups earned him the nickname, "The Bus King."[1]

In 2017, Hoffer was one of the Angel investors investors involved in the $30 million funding for online parking marketplace, SpotHero.[18]

In 2020, Hoffer was one of the angel investors involved in the $10 million funding for online learning platform, Preply.[19]

Daniel Hoffer has also been a guest lecturer at Harvard Business School, Columbia Business School and UC Berkeley Haas School of Business.[6]

Personal Life

Hoffer publishes in Forbes and TechCrunch.[20][21] Hoffer teaches martial arts in his spare time as he is a licensed martial arts instructor.[12] Hoffer lives in Menlo Park, California.

Board Positions, Past and Present

References

  1. ^ a b c Bergman, Ben (2021-12-23). "A VC known as 'the Bus King' explains how he found an undiscovered industry and made a lot of money". businessinsider.com. Insider. Archived from the original on 2021-12-23 – via archive.today.
  2. ^ a b c Green, Penelope (2007-09-20). "Surfing the World Wide Couch". www.nytimes.com. New York Times.
  3. ^ Fedorov, Andrew (2021-09-15). "Paradise lost: The rise and ruin of Couchsurfing.com". inverse.com. Input.
  4. ^ Vartabedian, Marc (2019-09-26). "Autotech Ventures Navigates Quickly Evolving Transportation Sector". wsj.com. The Wall Street Journal.
  5. ^ a b c Latimore, Ashton. "Couch Agent". www.harvardmagazine.com. No. November-December 2007. Harvard Magazine.
  6. ^ a b c d e f g h Zittrain, Jonathan (2009-04-08). "CouchSurfing: What one website reveals about the future of the net". cyberharvard.edu. Berkman Klein Center for Internet and Society at Harvard University.
  7. ^ a b Taylor, Kate (2015-04-29). "This Mobile Seed Fund Just Added Two More Partners". entrepreneur.com.
  8. ^ "Concur Technologies, Inc. : TripIt Introduces an Easier Way to Communicate Travel Plans On the Go, By Making Specific Trip Plans and Flight Status Alerts Shareable | MarketScreener". www.marketscreener.com. 2014-01-06.
  9. ^ Moran, Gwen. "How CouchSurfing Got its Start, and Landed VC Millions". NBC News.
  10. ^ Baedeker, Rob (2010-06-21). "Building community, one couch at a time". SFGATE.
  11. ^ a b Lapowsky, Issie (2012-05-29). "Couchsurfing Dilemma: Going for Profit". inc.com. Archived from the original on 2013-06-29 – via archive.today.
  12. ^ a b "Dan Hoffer | Managing Director - Autotech Ventures". Forbes Councils.
  13. ^ a b Lacy, Sarah (2011-08-05). "CouchSurfing Raises $7.6 M; Will Users Cry "Sell Out"?". techcrunch.com.
  14. ^ Moran, Gwen. "How CouchSurfing Got its Start, and Landed VC Millions". NBC News. {{cite web}}: |archive-date= requires |archive-url= (help)
  15. ^ Ohr, Thomas (2018-01-31). "Speedinvest launches new €50 million fund "Speedinvest x" to invest in European marketplace technologies". eu-startups.com.
  16. ^ "SWVL debuts on Nasdaq, sets initial offer price at $9.95 per share". Wamda. 2022-03-31.
  17. ^ Czikk, Joseph (2019-06-27). "Bus.com raises $19.5 million, will hire lots of people". montrealintechnology.com.
  18. ^ "SpotHero Secures $30 Million to Accelerate Market Expansion, Business Partnerships and Product Innovation". www.businesswire.com. 2017-07-18.
  19. ^ "Preply Raises $10 million as Online Language Learning Comes Into Its Own". markets.businessinsider.com. 2020-03-30.
  20. ^ Hoffer, Dan (2023-02-07). "Council Post: Rightsizing The Capital Runway For Takeoff". Forbes.
  21. ^ Hoffer, Daniel (2022-09-28). "The unbearable lightness of being asset-light". TechCrunch.

External Links