John Collison

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John Collison
Sportsfile (Web Summit) (15088695584).jpg
Collison at the Web Summit
Born (1990-08-06) August 6, 1990 (age 28)
ResidenceSan Francisco, California, U.S.
NationalityIrish
EducationCastletroy College
Alma materHarvard University
Known forAuctomatic; Croma; Stripe
Net worthUS$1.0 billion (August 2018)[1]
RelativesPatrick Collison (brother)

John Collison (born 1990) is an Irish entrepreneur. He is best known for having co-founded Stripe with his brother, Patrick. The brothers are worth at least $1.1 billion each, after San Francisco-based Stripe raised $150 million from CapitalG, an investment division of Google parent company Alphabet, and General Catalyst Partners.

Biography[edit]

In 2007, Collison founded "Shuppa" with his older brother Patrick in Limerick, Ireland.[2] The company later merged with Auctomatic, which was funded by Y Combinator,[3] and Collison moved to Silicon Valley.[citation needed]

Auctomatic was a software company that built tools for the eBay platform.[4] The company was also funded by Chris Sacca.[5] Auctomatic was acquired for $5 million in March 2008, when Collison was 17.[6][7][8][9]

In 2009, Collison (having returned to finish secondary school at Castletroy College) received 8 A1 and 2 A2 grades in the Irish Leaving Certificate examination. He continued to study at Harvard University, commencing his studies in September 2009.[10] Collison is a pilot[11] and a pianist.[12]

In 2010, Collison co-founded Stripe, which received backing from Elon Musk, Peter Thiel, Max Levchin, and Sequoia Capital.[13]

In November 2016, the Collison brothers became the world's youngest self-made billionaires, worth at least $1.1 billion, after an investment in Stripe from CapitalG and General Catalyst valued the company at $9.2 billion.[14]

References[edit]

  1. ^ "John Collison". Forbes. Retrieved 21 March 2017.
  2. ^ "Shuppa Bebo profile".
  3. ^ "Y Combinator FAQ".
  4. ^ "VentureBeat".
  5. ^ "Chris Sacca's blog".
  6. ^ McDonald, Henry (28 March 2008). "The Guardian". London, UK.
  7. ^ "Getting right down to business in TY". The Irish Times. 4 April 2008.
  8. ^ "BBC News". 27 March 2008.
  9. ^ McBride, Louise (28 December 2008). "The Irish Independent".
  10. ^ "Harvard next on menu for knowledge-hungry dot.com high flyer". The Irish Times. 9 September 2009.
  11. ^ "40 under 40". 20 November 2011.
  12. ^ "The Irish Times". 9 September 2009.
  13. ^ "Stealth Payment Startup Stripe Backed By PayPal Founders". 28 March 2011.
  14. ^ Mac, Ryan. "Stripe Investment Makes Cofounder The World's Youngest Self-Made Billionaire". Forbes. Retrieved 28 November 2016.

External links[edit]