You can edit almost every page by Creating an account. Otherwise, see the FAQ.

Ale Resnik

From EverybodyWiki Bios & Wiki


Ale Resnik
AlejandroResnik - CEO Beepi.jpg
Ale Resnik, Technology Entrepreneur
BornBuenos Aires, Argentina
🏡 ResidencePalo Alto, California
🏳️ NationalityArgentine and American
🎓 Alma materMassachusetts 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]

References[edit]

  1. 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. 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. 3.0 3.1 "MIT Sloan Newsroom". MIT.edu. MIT. October 31, 2014. Retrieved February 5, 2014.
  4. 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. 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.
  6. "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.
  7. "Beepi Could Be the Car Buying Site We've Been Waiting For". Recode. Retrieved 2018-06-04.
  8. "Used Car Site Beepi Lands $12 Million From Yuri Milner and AngelList's Largest Ever Investment". Recode. Retrieved 2018-06-05.
  9. Bitcoinist. "Exclusive Interview with Beepi's CEO and Co – Founder Alejandro Resnik - Bitcoinist.com". bitcoinist.com. Retrieved 2018-06-04.
  10. 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. 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.
  12. Demos, Rolfe Winkler and Telis (2015-10-20). "Investors Strike Back on Silicon Valley Valuations". WSJ. Retrieved 2018-06-04.
  13. 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.
  14. "Creatividad y talento Sub 35" (in español). Retrieved 2018-06-04.
  15. "MIT.edu". MIT.edu. MIT. 2012. Retrieved February 5, 2015.


This article "Ale Resnik" is from Wikipedia. The list of its authors can be seen in its historical and/or the page Edithistory:Ale Resnik. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.