Ale Resnik
| Ale Resnik | |
|---|---|
 AlejandroResnik - CEO Beepi.jpg Ale Resnik, Technology Entrepreneur | |
| Born | Buenos Aires, Argentina |
| 🏡 Residence | Palo Alto, California |
| 🏳️ Nationality | Argentine and American |
| 🎓 Alma mater | Massachusetts Institute of Technology, Instituto Tecnologico de Buenos Aires, ORT |
| 💼 Occupation | |
Alejandro “Ale” Resnik is an Argentine-born American serial entrepreneur. Resnik's third company was Beepi, a peer-to-peer marketplace for buying and selling automobiles.[1]
Early life and education[edit]
Resnik was raised in Argentina and he began doing software programming at the age of five.[2] At the age of 18, he founded his first start up, a domain registrar named LatinDominios.com.[3][4] In 2000, he received an undergraduate degree in Information Technology from ORT in Argentina and in 2006, a degree in industrial engineering from the Buenos Aires Institute of Technology (Instituto Tecnologico de Buenos Aires).[5][6] In 2011, Resnik entered the Massachusetts Institute of Technology and in 2013, graduated with an MBA from the Sloan School of Management in the Entrepreneurship and Innovation Track.[3]
Career[edit]
In 2005, Resnik founded Global Vitamins, LTD, and became its CEO. The subscription-based e-commerce company, which sold vitamins and nutritional supplements directly to consumers, marketed to clients in Latin America and Europe. Resnik sold the 75-person company in 2011.[5][4]
The idea for Beepi became Resnik's mater's project at MIT, where he worked with the faculty to design a mobile platform to reduce points of friction for the consumer.[2] He said a goal was to make the process as easy as buying and selling a car to a family member.[7]
Resnik decided to do some of the early fundraising for Beepi from AngelList, a fundraising website alternative to venture capital firms. He brought in $2.7 million through AngelList .[8] A personal bitcoin investor, Resnik began accepting Bitcoin payments for Beepi in 2014.[9]
Resnik eventually raised $150 million for the company, but it ran out of money before it could raise a new round of capital and was sold off to satisfy creditors in January 2017.[10] A signed term sheet with a Chinese investor fell through at the last minute.[11] One Tech Crunch writer argued the company was run badly, but Resnik responded that the article was inaccurate.[10] A Wall Street Journal writer said the company was a casualty of a cooling down in the capital markets.[11][12]
Resnik then became a founder-in-residence at Andreessen Horowitz, which entails creating a company under the auspices of the venture capital firm.[13]
Awards[edit]
Resnik was listed as a "Top Innovator Under 35" by MIT Technology Review in 2014.[5][14] He also received the MIT Legatum Fellowship for Development and Entrepreneurship; and was named a "Global Young Jewish Leader" by the State of Israel for work on the Future Generations Program of the World Jewish Congress Latin America.[15]
Further reading[edit]
- An Online Tune-Up for the Used-Car Marketplace, The New York Times, April 4, 2015.
- The Next Big Thing You Missed: An Online Used-Car Company You Can Actually Trust, WIRED, February 2015.
- This guy was so frustrated about buying a lemon, he vowed to revolutionise used cars, Business Insider, February 3, 2016.
- Beepi Raises $12.7 Million, Jewish Business News, January 3, 2015.
References[edit]
- ↑ Lawler, Ryan (September 5, 2014). "Peer-To-Peer Auto Marketplace Beepi Adds A 'Prime' Option, Now Shipping To 140 Cities". Techcrunch.com. TechCrunch. Retrieved February 5, 2015.
- ↑ 2.0 2.1 Graglia, Diego. "Cuando un auto se le incendió, este emprendedor se lanzó a revolucionar el mercado de vehículos usados". Univision. Retrieved 2018-06-04.
- ↑ 3.0 3.1 "MIT Sloan Newsroom". MIT.edu. MIT. October 31, 2014. Retrieved February 5, 2014.
- ↑ 4.0 4.1 Herrera, Clarissa (October 15, 2014). "Beepi o cómo conseguir USD 60 M en seis meses para transformar la compra-venta de autos". Pulso Social. Retrieved February 9, 2015.
- ↑ 5.0 5.1 5.2 "Alejandro Resnik: Top Innovator Under 35". MIT Technology Review. MIT. November 12, 2014. Archived from the original on 21 March 2017.
- ↑ "Alejandro Resnik, 32. Ha desarrollado una plataforma 'online' de confianza para la compra-venta de vehículos usados". MIT Technology Review. November 2014. Retrieved 6 July 2018.
- ↑ "Beepi Could Be the Car Buying Site We've Been Waiting For". Recode. Retrieved 2018-06-04.
- ↑ "Used Car Site Beepi Lands $12 Million From Yuri Milner and AngelList's Largest Ever Investment". Recode. Retrieved 2018-06-05.
- ↑ Bitcoinist. "Exclusive Interview with Beepi's CEO and Co – Founder Alejandro Resnik - Bitcoinist.com". bitcoinist.com. Retrieved 2018-06-04.
- ↑ 10.0 10.1 Lunden, Ingrid (February 16, 2017). "Car startup Beepi sold for parts after potential exits to Fair, and then DGDG, broke down". TechCrunch. Retrieved October 9, 2017.
- ↑ 11.0 11.1 Chernova, Yuliya (2017-02-16). "Beepi Winding Down After Burning Through $150 Million". Wall Street Journal. ISSN 0099-9660. Retrieved 2018-06-04.
- ↑ Demos, Rolfe Winkler and Telis (2015-10-20). "Investors Strike Back on Silicon Valley Valuations". WSJ. Retrieved 2018-06-04.
- ↑ Wymer, Greg; Baskin, Kara (23 April 2018). "The Entrepreneur's Journey: Ale Resnik - The Martin Trust Center for MIT Entrepreneurship". The Martin Trust Center for MIT Entrepreneurship.
- ↑ "Creatividad y talento Sub 35" (in español). Retrieved 2018-06-04.
- ↑ "MIT.edu". MIT.edu. MIT. 2012. Retrieved February 5, 2015.
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