Matt Ehrlichman
| Matt Ehrlichman | |
|---|---|
 | |
| Born |
Matthew A. Ehrlichman June 20, 1979[1] |
| Residence | Seattle, Washington[2] |
| Nationality | American |
| Alma mater | Stanford University[2] |
| Occupation | CEO and Co-Founder, Porch[2] |
| Years active | 1 (started April 15, 2012) |
| Spouse(s) | Wife |
| Children | 2 |
| Parent(s) | Peter & Debi Ehrlichman |
| Website | http://porch.com ; http://www.mattehrlichman.com |
Matt Ehrlichman, born June 20, 1979, in Seattle, Washington,[2] is a serial start-up entrepreneur, currently the CEO and co-founder of Porch.
History of start-ups
When Ehrlichman was 21 years old, he raised $250,000 from a handful of Puget Sound-area investors to launch Thriva LLC, which, in 2004, would become a 20-person software company that developed software to help organizations run sporting camps and summer camps by tracking applicant forms and registrations online.[3] One of Thriva's most noteworthy clients was the San Francisco Giants organization, with Thriva setting up the front-end application and registration system for the team's summer baseball leagues for children. Some 2,000 people signed up for the Giants' program in 2003.[3] At Thriva, Ehrlichman's management hierarchy was described as "loose and informal".[3]
By 2007, Ehrlichman had grown his company to 65 employees and more than 1,000 customers, at which point he and his partner sold Thriva to San Diego-based The ACTIVE Network[4] for $60 million.[5] Ehrlichman would join Active Network as chief strategy officer.[6] Active Network would go public in 2011 with an initial public offering that put the company's value at $877 million.[7] Two years later, the company was sold to Vista Equity Partners for $1.05 billion.[8]
On September 17, 2012,[5] Ehrlichman launched to the public Porch, a visual web platform (like Pinterest) that focuses on home-improvement projects. Home builders, contractors, and service providers can create free profiles on the site, or pay to drive extra traffic their way.[9] Porch was funded with money from angel investors Geoff Entress of Seattle and Ron Conway of Silicon Valley, among others,[9] with $6.25 million in cash.[5] Porch vets the service providers listed on the site, and it guarantees its recommendations to customers.
Ehrlichman advises business start-ups to "have a fun team that plays jokes around the office" and "make sure you like your co-founders."[5]
Family
Matt Ehrlichman is married and has two children.[5] His grandfather was John Ehrlichman, White House counsel in the Nixon Administration.[3]
See also
References
- ↑ The Meaning of Life, by Hugh S. Moorhead, Chicago Review Press, 1988. As sourced at Holier Than Thou - Meaning of Life.
- 1 2 3 4 "Matt Ehrlichman". LinkedIn. Retrieved 4 November 2013.
- 1 2 3 4 "Idea has really registered". The Spokesman-Review. 10 September 2004. Retrieved 6 November 2013.
- ↑ "Thriva acquired by The Active Network". Puget Sound Business Journal. 19 March 2007. Retrieved 6 November 2013.
- 1 2 3 4 5 "Best Advice I Ever Got: Matt Ehrlichman". Inc. 23 September 2013. Retrieved 6 November 2013.
- ↑ "Sixty of the Largest North American Cities Rely on Active Network's Enterprise SaaS Technology to Manage City Processes Online". Computer Weekly News. 17 November 2011. Retrieved 6 November 2013.
- ↑ "IPO Market Calms Down; No Day One Frenzy For Active Network". Forbes. 25 May 2011. Retrieved 6 November 2013.
- ↑ "Active Network Buyout Ends Wild Post-IPO Ride". TheStreet.com. 30 September 2013. Retrieved 6 November 2013.
- 1 2 "Wireless Best: Biggies Verizon and AT&T". The Seattle Times. 6 June 2013. Retrieved 6 November 2013.