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Ramy Adeeb

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Ramy Adeeb
Ramy Adeeb
EducationUndergraduate & masters degrees, Computer Science, Harvard University
MBA, Stanford University
Occupation(s)Founder and CEO, Snip.it[1][2]

Ramy Adeeb is the founder and CEO of social curation platform Snip.it and is a venture capitalist investor in start-ups such as Square and Groupme.[3]

Snip.it

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Originally from Egypt,[3] Adeeb founded Snip.it in spring 2011 while looking for a way to share relevant information regarding the Arab Spring uprisings.[4] As of Sept. 2012, Snip.it had about 20,000 registered users who create content and 100,000 who browse it.[4] Average time spent on the site as of Sept. 2012 was 12 minutes compared to 5.23 minutes spent on the average website.[4]

On January 22, 2013, Yahoo! acquired Snip.it for US$10 million.[5][6]

Early life and career

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The son of engineers, Adeeb started writing software at 12.[3] A year later, he built a database to manage a large Egyptian corporation's employee records.[4] The database crashed when it surpassed tens of thousands of records, which Adeeb later said taught him an early lesson in the importance of building to scale.[3]

In 1994 Adeeb was selected to represent Egypt on scholarship at Pearson College UWC, in British Columbia, Canada, where he completed the International Baccalaureate in 1996.[citation needed]

Adeeb holds bachelor's and master's degrees in Computer Science from Harvard University and an MBA from Stanford University, where he was an Arjay Miller Scholar. He is the co-founder of the Harvard Arab Alumni Association and the Stanford GSB Middle East and North Africa Club.[citation needed]

At Tellme Networks, Adeeb led the enterprise engineering group and oversaw development of more than 30 products.[citation needed] Tellme Networks was sold to Microsoft in 2007 for $800 million.[3] He remained at Microsoft for less than a year before going to Stanford for his MBA.[7]

Adeeb was a principal at venture capital firm Khosla Ventures, where he worked with noted investors Vinod Khosla and Pierre Lamond on such investments as Square, Groupme (acquired by Skype), and Ness Technologies.[4] He has served on the boards of such companies as Ness Technologies and Storify.

References

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  1. ^ "Yahoo Buys Snip.it, The Pinterest-Meets-News Startup, For $10 Million Plus Earnouts". TechCrunch. 22 January 2013. Retrieved 2020-07-10.
  2. ^ Yarow, Jay. "Finding The Logic Behind Marissa Mayer's Monster Acquisition Spree". Business Insider. Retrieved 2020-07-10.
  3. ^ a b c d e Guyunn, Jessica (23 September 2012). "Ramy Adeeb is helping people share what interests them online". Business. Los Angeles Times. Retrieved 15 October 2012.
  4. ^ a b c d e Dishman, Lydia. "Meet Snip.It Founder Ramy Adeeb, Who's Debunking Web-Induced A.D.D." Innovation Agents. Fast Company. Retrieved 15 October 2012.
  5. ^ "Yahoo Buys Snip.it, The Pinterest-Meets-News Startup, For $10 Million Plus Earnouts". TechCrunch. 22 January 2013. Retrieved 2020-05-11.
  6. ^ Thomas, Owen. "Yahoo Has Acquired Snip.it, And The Startup Dealmaker Who Launched It". Business Insider. Retrieved 2020-05-11.
  7. ^ Kirkpatrick, Marshall (26 September 2011). "After Building $800m Voice Platform, TellMe Engineer Gets Funding for Social Bookmarking Startup". ReadWriteWeb. Retrieved 15 October 2012.