Ryan Graves (businessman): Difference between revisions
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{{Short description|American businessman}} |
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| name = Ryan Graves |
| name = Ryan Graves |
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| image = Ryangraves-2018.jpg |
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| caption = Graves in 2018 |
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| birth_date = {{birth year and age|1983}} |
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| known_for = First employee of [[Uber]] |
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| networth = US$1.6 billion (March 2019)<ref name="Forbes profile">{{cite web|url=https://www.forbes.com/profile/ryan-graves/ |title=Forbes profile: Ryan Graves |work=Forbes |date= 4 March 2019 |accessdate=16 November 2019}}</ref> |
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'''Ryan Graves''' (born 1983) is an American billionaire |
'''Ryan Graves''' (born 1983) is an American [[billionaire]], a former CEO and member of the board of directors of [[Uber]], and a current member of the board of directors of [[Charity: Water]], Pachama, and [[Metromile]]. He is also the CEO of Saltwater, his [[family office]]. |
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==Early life== |
==Early life and education== |
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Graves was born in [[San Diego]], California and grew up near the beach. He attended [[Horizon Christian Academy]], where he competed for the high school surf team. In 2006, he graduated with an economics degree from [[Miami University]] in Ohio, where he was a member of the [[water polo]] club team and the [[Beta Theta Pi]] [[fraternity]].<ref name=ceo>{{Cite news | url=https://www.cnbc.com/2017/05/14/profile-of-ubers-ryan-graves.html | title=How Ryan Graves became Uber's first CEO | first=Anita | last=Balakrishnan | work=[[CNBC]] | date=May 14, 2017}}</ref> |
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Graves was born in [[San Diego]], California.<ref name="forbesellenhuet">Ellen Huet, [https://www.forbes.com/sites/ellenhuet/2015/03/02/uber-billionaires-garrett-camp-ryan-graves/ Uber Cofounder Garrett Camp, First Hire Ryan Graves Join FORBES Billionaires List], ''Forbes'', March 2, 2015</ref> An avid surfer, he grew up competing for his high school surf team at [[Horizon Christian Academy]]. Graves graduated from [[Miami University]] in [[Oxford, Ohio]] with a degree in Economics. |
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==Career== |
==Career== |
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Graves worked for [[General Electric]]. He eventually got an [[internship]] at [[Foursquare (company)|Foursquare]] by pretending to work for them after they turned him down for a job.<ref>{{Cite news | url=https://www.forbes.com/sites/ellenhuet/2015/03/02/uber-billionaires-garrett-camp-ryan-graves/ | title=Uber Cofounder Garrett Camp, First Hire Ryan Graves Join FORBES Billionaires List | first=Ellen | last=Huet | work=[[Forbes]] | date=March 2, 2015 | url-access=limited}}</ref> |
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Graves served as Uber's CEO and General Manager from February 2010 to December 2010, when his CEO role was replaced by one of Uber's founders [[Travis Kalanick]]. After that he served as the SVP of Global Operations at [[Uber]] until August 10, 2017. He was often referred to as 'No. 2' and was very close to Uber's former CEO Kalanick. He was on the board of directors of the company until 10 days after the IPO.<ref>{{cite web|url=https://www.cnbc.com/2017/08/10/ubers-first-employee-ryan-graves-to-step-down.html|title=Uber's original CEO, Ryan Graves, to step down from operating role|accessdate=10 August 2017}}</ref> |
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In February 2010, Graves became the first employee of Uber, receiving the job by responding "here's a tip. email me :)" to a post by [[Travis Kalanick]] on [[Twitter]]. Graves started out as general manager and was named [[CEO]] shortly after the launch.<ref>{{cite news | title=All Hail The Uber Man! How Sharp-Elbowed Salesman Travis Kalanick Became Silicon Valley's Newest Star | first=Alyson | last=Shontell | url=https://www.businessinsider.com/uber-travis-kalanick-bio-2014-1 | work=[[Business Insider]] | date=January 11, 2014 | archive-url=https://web.archive.org/web/20180908170324/https://www.businessinsider.com/uber-travis-kalanick-bio-2014-1 | archive-date=September 8, 2018 | url-status=live | df=mdy-all}}</ref> In December 2010, Kalanick succeeded Graves as CEO and Graves became [[chief operating officer]] (COO).<ref>{{cite news | title=Uber and Indiegogo – tales of disruption | url=https://www.bbc.com/news/technology-27999589 | first=Rory | last=Cellan-Jones | work=[[BBC News]] | date=June 24, 2014 | archive-url=https://web.archive.org/web/20180908164621/https://www.bbc.com/news/technology-27999589 | archive-date=September 8, 2018 | url-status=live | df=mdy-all}}</ref> |
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| ⚫ | In 2018, Graves |
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By 2019, Graves owned 31.9 million shares in Uber. That year, he resigned from the board of directors of Uber.<ref>{{Cite news | url=https://www.wsj.com/articles/ubers-first-hired-employee-ryan-graves-is-leaving-the-board-11558741407 | title=Uber's First Hired Employee, Ryan Graves, Is Leaving the Board | first=Scott | last=Austin | work=[[The Wall Street Journal]] | date=May 24, 2019 | url-access=subscription}}</ref> |
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==Philanthropy== |
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Graves and his wife, Molly, are supporters of [[Charity: Water]] which focuses on delivering clean water solutions to people in [[developing nations]]. Graves serves on the [[Charity: Water]] Board of Directors and has found innovative ways to contribute philanthropically giving stock so the organization's employees could also share in the upside.<ref>{{cite web|url=https://www.nytimes.com/2019/04/11/business/charity-water-employees-payment.html|title=A Charity Accepts Uber Stock as Donations. Then Uses It to Pay Staff Bonuses. Is That O.K.?|accessdate=25 May 2019}}</ref> Donating philanthropically, according to Business Insider, was one of Graves' first acts after the Uber IPO.<ref>{{cite web|url=https://markets.businessinsider.com/news/stocks/uber-first-employee-ryan-graves-to-make-over-1-billion-ipo-donate-14-million-charity-2019-5-1028190584|title=Uber's first employee Ryan Graves to make over 1 Billion and already donates $14 million to charity|accessdate=25 May 2019}}</ref> |
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| ⚫ | In 2018, Graves founded Saltwater, his [[family office]], focused on investments in technology businesses.<ref>{{cite news |url=https://medium.com/@ryangraves/saltwater-capital-investing-through-the-partner-equity-model-524bc21213a9 | title=Saltwater Capital, Investing through the partner equity model | first=Ryan |last=Graves | work=[[Medium (website)|Medium]] | date=September 25, 2018}}</ref> |
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In February 2021, Graves made a $50 million investment in and became a member of the board of directors of [[Metromile]], a pay-per-mile auto insurer.<ref>{{Cite press release | url=https://www.globenewswire.com/news-release/2021/02/01/2167390/0/en/Uber-Veteran-Ryan-Graves-to-Invest-50-Million-in-Metromile-Will-Join-Board-of-Directors.html | title=Uber Veteran Ryan Graves to Invest $50 Million in Metromile, Will Join Board of Directors | publisher=[[Globe Newswire]] | date=February 1, 2021}}</ref> |
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==Personal life== |
==Personal life== |
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Graves is married, |
Graves is married to Molly Graves, his college sweetheart and a kindergarten teacher. They have four children, all sons, and live on the island of [[Kaua'i]], [[Hawaii]]. He is a supporter of the [[San Diego Padres]] baseball team.<ref name=ceo/> |
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Graves serves on the board of directors of [[Charity: Water]] and has pledged at least 1% of his net worth to the charity, which focuses on delivering clean water solutions to people in [[developing nations]].<ref>{{cite news | url=https://www.nytimes.com/2019/04/11/business/charity-water-employees-payment.html |title=A Charity Accepts Uber Stock as Donations. Then Uses It to Pay Staff Bonuses. Is That O.K.? | first=David | last=Gelles |
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| work=[[The New York Times]] | date=April 11, 2019 | url-access=limited}}</ref> |
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==References== |
==References== |
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{{Reflist}} |
{{Reflist}} |
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==External links== |
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*[https://www.forbes.com/profile/ryan-graves/?list=40under40 40 Under 40 List Ryan Graves] |
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{{Authority control}} |
{{Authority control}} |
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{{DEFAULTSORT:Graves, Ryan}} |
{{DEFAULTSORT:Graves, Ryan}} |
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[[Category: |
[[Category:1983 births]] |
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[[Category:21st-century American businesspeople]] |
[[Category:21st-century American businesspeople]] |
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[[Category:21st-century American philanthropists]] |
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[[Category:American billionaires]] |
[[Category:American billionaires]] |
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[[Category: |
[[Category:Beta Theta Pi]] |
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[[Category:Directors of Uber]] |
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[[Category:Living people]] |
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[[Category:Miami University alumni]] |
[[Category:Miami University alumni]] |
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{{US-business-bio-1980s-stub}} |
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Latest revision as of 22:21, 2 June 2024
Ryan Graves | |
|---|---|
 Graves in 2018 | |
| Born | 1983 (age 41–42) San Diego, California, US |
| Education | Miami University (2006) |
| Occupation(s) | Founder & CEO, Saltwater SVP, Uber (2010-2017) CEO, Uber (2010) |
| Known for | First employee of Uber |
| Board member of | Charity: Water Metromile |
| Spouse | Molly Graves |
| Children | 4 |
Ryan Graves (born 1983) is an American billionaire, a former CEO and member of the board of directors of Uber, and a current member of the board of directors of Charity: Water, Pachama, and Metromile. He is also the CEO of Saltwater, his family office.
Early life and education
[edit]Graves was born in San Diego, California and grew up near the beach. He attended Horizon Christian Academy, where he competed for the high school surf team. In 2006, he graduated with an economics degree from Miami University in Ohio, where he was a member of the water polo club team and the Beta Theta Pi fraternity.[1]
Career
[edit]Graves worked for General Electric. He eventually got an internship at Foursquare by pretending to work for them after they turned him down for a job.[2]
In February 2010, Graves became the first employee of Uber, receiving the job by responding "here's a tip. email me :)" to a post by Travis Kalanick on Twitter. Graves started out as general manager and was named CEO shortly after the launch.[3] In December 2010, Kalanick succeeded Graves as CEO and Graves became chief operating officer (COO).[4]
By 2019, Graves owned 31.9 million shares in Uber. That year, he resigned from the board of directors of Uber.[5]
In 2018, Graves founded Saltwater, his family office, focused on investments in technology businesses.[6]
In February 2021, Graves made a $50 million investment in and became a member of the board of directors of Metromile, a pay-per-mile auto insurer.[7]
Personal life
[edit]Graves is married to Molly Graves, his college sweetheart and a kindergarten teacher. They have four children, all sons, and live on the island of Kaua'i, Hawaii. He is a supporter of the San Diego Padres baseball team.[1]
Graves serves on the board of directors of Charity: Water and has pledged at least 1% of his net worth to the charity, which focuses on delivering clean water solutions to people in developing nations.[8]
References
[edit]- ^ a b Balakrishnan, Anita (May 14, 2017). "How Ryan Graves became Uber's first CEO". CNBC.
- ^ Huet, Ellen (March 2, 2015). "Uber Cofounder Garrett Camp, First Hire Ryan Graves Join FORBES Billionaires List". Forbes.
- ^ Shontell, Alyson (January 11, 2014). "All Hail The Uber Man! How Sharp-Elbowed Salesman Travis Kalanick Became Silicon Valley's Newest Star". Business Insider. Archived from the original on September 8, 2018.
- ^ Cellan-Jones, Rory (June 24, 2014). "Uber and Indiegogo – tales of disruption". BBC News. Archived from the original on September 8, 2018.
- ^ Austin, Scott (May 24, 2019). "Uber's First Hired Employee, Ryan Graves, Is Leaving the Board". The Wall Street Journal.
- ^ Graves, Ryan (September 25, 2018). "Saltwater Capital, Investing through the partner equity model". Medium.
- ^ "Uber Veteran Ryan Graves to Invest $50 Million in Metromile, Will Join Board of Directors" (Press release). Globe Newswire. February 1, 2021.
- ^ Gelles, David (April 11, 2019). "A Charity Accepts Uber Stock as Donations. Then Uses It to Pay Staff Bonuses. Is That O.K.?". The New York Times.