Fabrice Grinda

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Fabrice Grinda
Fabrice Grinda at LeWeb in 2011.jpg
Fabrice Grinda at LeWeb in 2011
Born (1974-08-03) 3 August 1974 (age 40)
Nationality French
Occupation Serial Entrepreneur, Business Angel
"Musings of an Entrepreneur" [1]

Fabrice Grinda is a French entrepreneur and investor; he was born in Boulogne Billancourt, the 3rd, August 1974, in a family from Nice; he grew up in Nice before leaving to study at Princeton in the United States. Serial entrepreneur and Business Angel.[1] [2]


Fabrice Grinda was born in August 3, 1974 in Boulogne Billancourt in France After growing up in Nice, where he graduated high school C Massena in 1992, he left France to follow university studies at Princeton University economics which he was the best in his class and received a number of distinctions such as price Halbert White '72 which awards the most distinguished student, or Summa Cum Laude price equivalent to the honours, and the Wolf Prize, which rewards the best Belleisen thesis.[3]

Entrepreneurship activities[edit]

To finance his studies, Fabrice Grinda created an export informatic materials company from U.S. to Europe, named Princeton International computer, and it closed in 1996. Then integrated the consulting firm New York, McKinsey & Company from 1996 to 1998 before came back France where he founded the company aucland.fr. [4]


Aucland was a web auction website French online, created by Fabrice Grinda and Sacha Fosse-Parisis July 17, 1998, whose majority shareholder was the web investment funds Europe @ Bernard Arnault, amounting to 18 million dollars for their first collected funds. Fabrice Grinda Aucland left in October 2000 and sold his shares in the company, the investment of Arnaud Bernard’s funds.[5]


In 2000, he returned to the United States where he founded Zingy, which saw exceptional growth from 2001 to 2005, with a turnover of $ 1 million in 2002 to $ 5 million in 2003 from 50 million in 2004 and finally to $ 200 million in 2005. Fabrice Grinda Zingy resold for $ 80 million June 30, 2004, Japanese foreside and remained CEO until 30 November 2005.[6][7][8]


In 2006, Fabrice Grinda co-founded the company with Alex Oxenford OLX, hosting free classifieds based in New York and Buenos Aires. In 2010, the site was acquired by the South African group Naspers. End of 2012, Fabrice Grinda left his executive position with OLX The largest classified ad website in India, Pakistan, Brazil and Portugal with over 100 million unique visitors per month. OLX is over 400 staff based between Buenos Aires, Sao Paulo, New Delhi, New York, Amsterdam, Cape Town and Islamabad.[9]


Fabrice Grinda is also an Angel Investor; he invested in start-ups as Alibab group, BrightRoll, Viajanet, Windeln, Wikimart. But also in young start-ups at heights between 100 000 and 1 million in the following countries: United States, Brazil, France, Germany, UK, Russia, China and Turkey. Fabrice Grinda total invested in over 124 companies in over 10 countries, for a total of more than 7 million.[10]


External links[edit]