Led by CEO Dara Khosrowshahi, ride-sharing company Uber opened for trading as a public company for the first time on Friday.
Khosrowshahi, who took over Uber in 2017 from founder Travis Kalanick, filed for an initial public offering in April, pricing shares at $45. While the company’s valuation ranked among the largest US debuts, trailing Chinese e-commerce giant Alibaba and Facebook, the company opened for trading at $42 a share, meaning investors who bought Uber at IPO price lost a cumulative $655 million.
For Khosrowshahi, one of today’s most powerful tech CEOs, success runs in his blood, Fortune reports. The chief executive’s brothers, cousins, and uncles have impressive resumes that include founding their own multimillion-dollar startups, running Fortune 500 companies, and earning diplomas from Harvard, Brown and Stanford.
Here are some of the impressive careers of Uber CEO Dara Khosrowshahi’s family members:
Before Uber, he acted as CEO of travel site Expedia.
After earning his degree from Brown University, Khosrowshahi began his career at boutique investing firm Allen & Company. From there, the young Khosrowshahi took an executive role at what was then known as USA Networks, where he was considered a protégé of media industry icon Barry Diller.
The company spun off Expedia Inc in 2005, and Khosrowshahi served as CEO for 12 years. During that time, he turned the site into the largest online US travel agency and saw revenues balloon from $2.1 billion in 2005 to $8.7 billion in 2016.
Like Dara, Kaveh went to the prestigious Hackley School, the Ivy League prep school that charges around $44,000 in tuition. He then got a bachelor’s degree in history from Williams College, according to his LinkedIn, and has been at Allen & Company since 1989.
Mehrad runs the company’s Strategy and Performance Reporting division.
Before joining Confida, Mehrad spent five years at Symmetrix, a management consulting firm serving Fortune 500 companies, the Confida website states. He received an MBA from Columbia Business school with high distinction and graduated magna cum laude from Brown University.
Best Buy acquired Future Shop in 2001 for $580 million CAD.
Hassan immigrated to Canada in 1981 and founded Inwest Investments, now part of holding company Persis. Hassan now serves as chairman of Persis Holdings, and is a member of the Order of Canada, the country’s highest civilian honor, according to Persis Holdings’ website.
Hadi graduated from Harvard in 1994, and went on to have an illustrious career, working as a general manager at Microsoft and sitting on the board of directors at trucking company Convoy Inc., his LinkedIn states.
Hadi was also an angel investor in Facebook, DropBox, Uber, and more.
Amir reportedly sold Nervana to Intel for $400 million, Recode reported in 2016.
He graduated from Harvard and then completed a Ph.D. at the University of California-Berkeley. Amir also served as a vice president at Goldman Sachs for six years, his LinkedIn states. Amir now serves as VP of Intel.
Upon graduating from Columbia, Farzad opened a Subway shop with his wife in 1993 in Mamaroneck, New York. He then worked at Lehman Brothers and JP Morgan before arriving at Google, according to a Wall Street Journal profile of him written in 2012.
He went on to create Radius, a marketing software company.
Darian served as CEO of Radius until 2018. Darian says he reported directly to Mark Zuckerberg while at Facebook, and then left the company to pursue his undergraduate degree at UC Berkeley, his LinkedIn states. He dropped out within a year at college.
Avid served as the World Economic Forum’s Young Global Leader for over 3 years, she states on her LinkedIn. She got her undergraduate degree from Stanford University and MBA from Harvard Business School.
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