Tony Shay is an American Internet entrepreneur, programmer, businessman and millionaire. Co-owner and CEO of Zappos, founder of the LinkExchange banner exchange network.
early years
Tony Shay was born December 12, 1973 in an ordinary family in the large American state of Illinois. Tony's childhood passed in San Francisco, where he studied at school.
Education
After graduation, the young man entered Harvard University, where he studied computer science. In 1995, he became a bachelor. During training, Tony worked as the manager of a small cafe, and after graduation he got a job at Oracle (a software corporation), Tony was not happy with the new job, so after almost six months he decided to quit. Then he became interested in creating his own corporation LinkExchange.
Career and later life
At 23, Tony Shay has already created the LinkExchange banner exchange network. The network was created with the aim of creating advertisements by displaying banners on personal sites. The number of customers grew very rapidly: in three months LinkExchange used more than 20 thousand pages, the number of impressions of the created advertising and even more: it amounted to 10 million. After 2 years, the site was used by 400 thousand people and companies, about 5 million ad impressions were produced every day, but a little later Tony Shay decided to sell LinkExchange Microsoft for a large sum of $ 265 million.
Tony Shay did not stop there. After selling LinkExchange, he began working on a venture fund called Venture Frogs (the name was coined by Shane himself and his close friend). The fund was engaged in investing money in various large projects.
After that, acquaintance Tony Nick Swinmern suggested that Neck invest in a supermarket selling shoes. Tony Shay doubted the profitability of the transaction, but still invested a large amount in a project called ShoeSite.com, and later renamed Zappos (which means “shoes” in Spanish).
Zappos did not grow and develop very rapidly, but by 2001 the annual turnover of the company amounted to $ 8.6 million, so it was decided to expand the company. Shay, along with partners, acquired an order center, raising Zappos to a new level of sales. So, in 2003, turnover increased to $ 70 million. Zappos ceased to cooperate with other companies and became a completely independent and independent organization.
Over 5 years, revenue has grown significantly and amounted to $ 1 billion, but a year later Zappos was bought by the Amazon division under such conditions that Shay, as well as other owners and employees of the company, received and continue to receive money and shares from sales.
About the personal life of Tony Shay does not apply. It is known that a billionaire lives in a trailer park, his neighbors are other talented programmers. It is known to have a pet. This is an alpaca named Marley.
