David Frankel (entrepreneur)

From Wikipedia, the free encyclopedia
Jump to navigation Jump to search

David Frankel
David Frankel entrepreneur image.png
Johannesburg, South Africa
Alma materHarvard University; University of the Witwatersrand
OccupationEntrepreneur, Venture Investor
Years active1993–present
TitleManaging Partner of Founder Collective

David Frankel (born 1970) is a South African-born American businessman. He is the co-founder of Founder Collective, a seed-stage venture capital fund with offices in New York City and Boston.


Frankel was co-founder & CEO of Internet Solutions (IS), the largest ISP and private data carrier in Africa. He served as an Executive Director on the board of London Listed Dimension Data plc which was subsequently acquired by NTT Japan for $3.2bn.[1] He also serves on the board of Rand Merchant Investments.[2] He previously served on the board of directors of Rand Merchant Bank from 2007 to 2018.

In 2000, Frankel was voted the South African Technology Achiever of the Century by Financial Mail. The World Economic Forum later selected him for the GLT (Global Leader of Tomorrow) program in Davos, Switzerland. Frankel is an Electrical Engineer (Wits) and post selection for the Fulbright Scholarship Program earned an MBA,[3] with distinction, from Harvard Business School. Frankel serves on the Dean's Advisory Council at the Harvard Radcliffe Institute,[4] and participates on the boards of several non-profit organizations including The Rashi School in Boston, Foundation 2000, the King David Schools Foundation and Endeavor South Africa. David was previously an Entrepreneur-in-Residence at the Harvard Business School Rock Center.[5]

Founder Collective[edit]

The fund was co-founded with Eric Paley (founder of Brontes Technologies).[6] Founder Collective counts Uber,[7] Makerbot and Cruise amongst its seed stage portfolio companies.[8] Frankel is the lead investor for Founder Collective in companies such as PillPack (sold to Amazon),[9][10][11][12][13][14] SeatGeek,[15] Buzzfeed and Coupang (NYSE:CPNG).[16] He previously provided the first term sheet or capital for companies such as Olo (NYSE: OLO), OPower (NYSE: OPWR) and Volaris (NYSE: VLRS).



  1. ^ Kubo, Nobuhiro. (July 15, 2010) Japan's NTT to buy Dimension Data for $3.2 billion. Reuters. Retrieved on 2016-07-16.
  2. ^ RMI Board of Directors
  3. ^ Showcase Profile – Entrepreneurship – Harvard Business School. Entrepreneurship.hbs.edu. Retrieved on July 16, 2016.
  4. ^ "About the Institute".
  5. ^ "About - Harvard Business School".
  6. ^ Angel Investors Are Going Where VCs Fear to Tread. Newsweek.com. Retrieved on July 16, 2016.
  7. ^ Meet the Uber rich. Fortune (June 5, 2014). Retrieved on 2016-07-16.
  8. ^ Scott Belsky, founder of Behance, joins Founder Collective. Fortune (February 3, 2014). Retrieved on 2016-07-16.
  9. ^ Amazon to Buy Online Pharmacy PillPack, Jumping Into the Drug Business nytimes.com Retrieved June 29, 2018
  10. ^ Amazon Shakes Up Pharmacy Business wsj.com Retrieved June 29, 2018
  11. ^ Pill-popping economist.com Retrieved July 7, 2018
  12. ^ 'Bloomberg Technology' Full Show (6/28/2018) bloomberg.com Retrieved June 28, 2018
  13. ^ Behind PillPack's $1 Billion Sale, a Frustrated 32-Year-Old Pharmacist wsj.com Retrieved 6/28/18
  14. ^ At PillPack, a lot of credit goes to the father of invention bostonglobe.com Retrieved July 26, 2018
  15. ^ Raises $35 Million From Accel | Press Releases, News. SeatGeek (August 28, 2014). Retrieved on 2016-07-16.
  16. ^ SoftBank-Backed Korean Unicorn Coupang Prepares for IPO as Soon as 2021. Bloomberg (Jan 8, 2020). Retrieved on 2020-05-24.
  17. ^ [1]
  18. ^ Korean E-commerce Leader Coupang To Raise $1 Billion From SoftBank At $5 Billion Valuation. Forbes.com Retrieved on June 3, 2015
  19. ^ https://techcrunch.com/2012/05/22/firebase-funding/. TechCrunch.com Retrieved on Feb 1, 2019
  20. ^ SeatGeek Scores $62 Million for Its Ticket-Selling App – Venture Capital Dispatch – WSJ. Blogs.wsj.com (April 2, 2015). Retrieved on 2016-07-16.
  21. ^ Pharmacy Startup PillPack Could Change The Way America Takes Its Medicine. Forbes.com. Retrieved on July 16, 2016.
  22. ^ The Pharmacy of The Future is Ready for Your Bathroom Counter. Wired.com. Retrieved on July 31, 2017
  23. ^ IBM Buys More Into OpenStack With Blue Box Acquisition. Fortune (June 3, 2015). Retrieved on 2016-07-16.
  24. ^ Frontier Capital makes MediaRadar first deal from $700m Fund V
  25. ^ Olo's 10th birthday. olo.com (June 1, 2015)
  26. ^ eBay Buys Hunch To Improve Long-Tail Shopping Recommendations
  27. ^ News Release | Intelsat. Investors.intelsat.com. Retrieved on July 16, 2016.
  28. ^ Ticketmaster Acquires U.K.-Based GetMeIn
  29. ^ 3M Acquires Developer of 3-D Imaging Technology for Digital Dentistry, Brontes Technologies Inc.
  30. ^ McMillan, Robert. (April 5, 2006) McAfee buys SiteAdvisor. Computerworld. Retrieved on 2016-07-16.
  31. ^ Adobe Acquires Efficient Frontier To Boost Its Digital Marketing Solutions. TechCrunch (November 30, 2011). Retrieved on 2016-07-16.
  32. ^ Visa Announces Acquisition Of TrialPay To Expand Its Offers Platform. TechCrunch (February 27, 2015). Retrieved on 2016-07-16.
  33. ^ GTreasury and Visual Risk join forces to create the most comprehensive Treasury Management System in the Market. Business Wire. Retrieved on 2018-10-17