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Magdalena Yeşil

From EverybodyWiki Bios & Wiki


Magdalena Yeşil is a venture capitalist, serial entrepreneur, tech founder, and immigrant. She currently serves on the boards of Smartsheet, Zuora, SoFi and Informed and has been an early investor in over 30 companies with acquisitions by Apple, eBay, Twitter and IPO.[1]

Education[edit]

Magdalena Yeşil grew up in Turkey and immigrated to the United States in 1976. She was accepted by both MIT and IIT but chose to attend the latter. She transferred in 1977 to Stanford and graduated there in 1980 with a Bachelor's degree in Computer Engineering. She went on to receive a Master's degree in Electrical Engineering in 1981.

Career[edit]

Magdalena began her career with Advanced Micro Devices by engineering semiconductor designs. These would go into the first Unix operating system desktop machines ever produced.[2] After several years she developed a plan to help commercialize the internet. Until that point, internet access had been primarily in university and government domains. When funding goals were not met, she joined UUNET, the first commercial internet access provider.[3] She stayed there working in Strategy and M&A for two years until leaving to found CyberCash.[4] She acted as the founder and VP of Technology and Marketing for four years until leaving again to found MarketPay in 1997, and serve as the CEO for less than a year.[4]

In 1998 she became a general partner at U.S. Venture Partners where she stayed for seven years. during this time she was a founding board member with Salesforce.

In 2010, Magdalena founded Broadway Angels, an angel investing network to bring women from tech and investing fields together.

Magdalena currently holds the following positions:

  • Executive Chair (Informed)[5]
  • Board Member (SoFi)[6]
  • Board Member (Smartsheet)[7]
  • Board Member (Zuora)[8]
  • Founder (Broadway Angels)[9]

Quotes[edit]

"As a matter of practice, I don’t 'do regret' because it’s a waste of energy"[10]

"...my children influenced my career choices from the moment they were born."[10]

"[Coming from Turkey] I didn't realize how cold Chicago was."[4]

"The biggest lesson I have to share is that it is always very very hard to start a company and win in the marketplace. You have to be ready to be told your idea is stupid and does not have a chance. Being ready for a lot of rejection is good training. With my first startup, I spent 2.5 years being told no by all my friends who were investors. We could not raise a penny. But that did not discourage me."[11]

Media[edit]

Magdalena is the author of Power UP! How Smart Women Win in the New Economy[12] and Creating the virtual store.[13]

She was the subject of a case study written by Myra M. Hart and Mary Rotelli, which was published by Harvard Business School in March 2000.[14]

She was featured on episode 6 of NextGen.Ninja as one of the Alpha Girls.[15]

See also[edit]

References[edit]

  1. "Magdalena Yesil Bio". Broadway Angels. Retrieved 2021-10-02.
  2. Uke, Jeremiah (June 14, 2019). "3 Decades In Silicon Valley". Startup Istanbul. Unknown parameter |url-status= ignored (help)
  3. "Magdalena Yesil Bio". Broadway Angels. Retrieved 2021-10-02.
  4. 4.0 4.1 4.2 Buyukdemir, Burak (2018-01-09), Magdalena Yesil - Etohum San Francisco Meeting, retrieved 2021-10-02
  5. "About". Informed.IQ. Retrieved 2021-10-02.
  6. "SoFi Announces Election of Peggy Alford and Magdalena Yeşil to its Board of Directors". SoFi. 2018-07-03. Retrieved 2021-10-02.
  7. "Smartsheet Appoints Magdalena Yesil to Board of Directors | Smartsheet". www.smartsheet.com. Retrieved 2021-10-02.
  8. "Magdalena Yesil". Zuora. Retrieved 2021-10-02.
  9. "Magdalena Yesil Bio". Broadway Angels. Retrieved 2021-10-02.
  10. 10.0 10.1 "'Steve Jobs Wanted Me to Work for Him, I Said No'". turkofamerica.com. Retrieved 2021-10-02.
  11. "Interview with Magdalena Yeşil who is from the hearth of technology". FinTech İstanbul (in Türkçe). 2017-07-21. Retrieved 2021-10-02.
  12. Yeşil, Magdalena (2017). Power up : how smart women win in the new economy. Sara Grace (First ed.). [New York], NY. ISBN 978-1-58005-691-5. OCLC 972386396. Search this book on
  13. Yeşil, Magdalena (1997). Creating the virtual store : taking your web site from browsing to buying. New York: John Wiley & Sons. ISBN 0-471-16494-1. OCLC 35145881. Search this book on
  14. "Magdalena Yesil - Case - Faculty & Research". Harvard Business School. Retrieved 2021-10-02.
  15. "episode6". nextgen.ninja. Retrieved 2021-10-02.

External links[edit]


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