While there, he also studied politics, philosophy, and economics overseas at the University of Oxford from 1991 to 1992. He is Founder, Chairman and CEO of Altimeter Capital. The firm primarilymanagesa long or short public equity fund and private growth equity funds. Lou Gerstner was born in Mineola, New York on March 1, 1942. The M-1 has a gas-turbine engine rather than a strictly diesel engine like almost every other armored vehicle hasand that includes the Leopard 2. Brad Gerstner was raised alongside his siblings Lynne Vandy, William Gerstner, and Douglas Gerstner. Gerstner appeared on the 2022 Forbes Midas List after his firm's successful investments in Snowflake and Grab. [5], He attended Wabash College from 1989 to 1993 and graduated summa cum laude with a bachelor's degree in Economics and Political Science. They tied the knot on September 29, 2007. Neither had a college education. In the same report you can also find a detailed bonus biotech stock pick that we expect to return more than 50% within 12-24 months. Boyers also served as an assistant superintendent for human resources and deputy director of human resources for the Boston Public School. Altimeter Capital Management, LLC a Portfolio Activity as reported in the most recent 13F form published on Sep 30, 2022, Total assets under management as reported to the SEC, A Hedge Fund's portfolio is comprised of data made available by the SEC, A breakdown of Altimeter Capital Management, LLC's portfolio by sector, See a list of Altimeter Capital Management, LLC's holdings, as reported to the SEC on Sep 30, 2022. A collection of experienced writers and editors, we aim to provide relevant and informative articles related to your favorite celebrities. They reside in Woodside, California. Altimeter Capital Management, LLC's most recent 13F form was submitted on Sep 30, 2022. The best people in the world want to work hard, move fast, & ship product to change the world. Gerstner also served on the boards of directors of a travel technology company SilverRail Technologies, which was also acquired by Expedia Group, Inc. (NASDAQ:EXPE) in 2017. He was also a board member of the last-minute hotel booking application, HotelTonight, which was acquired by Airbnb, Inc. (NASDAQ: The Board Challenge was also founded by Gerstner in partnership with Guy Primus, CEO of Valence Community, and Sukhinder Singh Cassidy, Founder, and Chair of the TheBoardlist. [5], American investor, and hedge fund manager, "AGCB Company Profile & Executives - Altimeter Growth Corp. 2 Cl A - Wall Street Journal", "Newcomers To The Midas List 2022: Backing What's Trending At Home And Abroad", "Altimeter Capital's Brad Gerstner Says Facebook's Management Team is Open, Honest, and Transparent", "Wabash Magazine 2020: What Are You Going to Do About This? Between 1957 and 1966 Warren Buffetts hedge fund returned 23.5% annually after deducting Warren Buffetts 5.5 percentage point annual fees. Increasing diversity in corporate board rooms is their goal. Among his highly profitable early-stage investments have been Snowflake (NYSE: SNOW . Later, he earned a Master of Business Administration (MBA) degree from Harvard Business School in 2000. His family resides in Indiana. The last minute travel app will use the cash to expand across platforms and enter new cities, including (one hopes) Las Vegas. (@ Facebook) Popular Posts Lets check,How Richis Brad Gerstnerin2020 -2021? Brad, a successful businessman, has a net worth of $1 billion as of 2021. Gerstner ranked within the top 10% of his graduating class, qualifying for the Lilly Scholarship, one of the best scholarships available in higher education. Michelle then moved on to the familys Give Forward Foundation in 2018, taking on the role of CEO. But how did Gerstner grow from a small-town boy into one of the most influential technology-focused investors in America? The firm is currently located in Boston, Massachusetts, and Menlo Park in California. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[250,250],'biographyhost_com-banner-1','ezslot_5',147,'0','0'])};__ez_fad_position('div-gpt-ad-biographyhost_com-banner-1-0'); Gerstnerservedon the board of directors of an online travel company Orbitz Worldwide from 2010 to 2015. Altimeter's cultural North Star is Essentialism - the art of doing less better. So people often ask about the value of the founder and CEO of Altimeter Capital for 2021. After graduating from law school, he got a call from Senator Lugar asking him to accept an appointment as Deputy Secretary of State in Indiana. Brad was also a portfolio manager at PAR Capital, an investor and board member at Zillow, and a member of the board of directors at Orbitz Worldwide in Chicago. Morgan Stanley analyst Matthew Cost believes the companys non-gaming solutions alone can bring about $25 billion for Unity Software Inc (NYSE:U) within just five years. People in the business world doubted that Gerstners vision would become fruitful, but it has earned the title of the leading technology-focused investment firm. Morgan Stanley analyst Matthew Cost believes the companys non-gaming solutions alone can bring about $25 billion for Unity Software Inc (NYSE:U) within just five years. She hated money and used to throw it on the floor Can't touch it but loves making money The power of capitalism and the sense of well-being it gave her was incredibly transformative She doesn't have much liquidity available to her all the time A lot of her investment style is evergreen. Is Award-Winning Journalist and Host Kerstin Lindquist Leaving QVC? Boyers was an assistant superintendent for human resources in the Boston Public Schools at that time. I recently came across a brand new stock that is in the business of buying growing internet businesses for about 3x profits and using its expertise to boost its traffic, engagement, and revenues. However, analysts believe Unity Software Inc (NYSE:U) has long-term growth prospects. Brad Gerstner is the director & 10 percent owner & CEO and President of Altimeter Growth Corp. Other key executives at Altimeter Growth Corp include and director & 10 percent owner & General Counsel Hab Siam . He left GC and became co-CEO of NLG, an early online travel start-up purchased in part by IAC.He co-founded Openlist.com, a local search start up that was self-funded and sold to Marchex (Nasdaq: MCHX);He was a partner at PAR Capital, a multi-billion hedge. Brad and his wife, Michelle has two kids as of March 2021. Brad Gerstner was also among the early and long-running investors of Expedia Group, Inc. (NASDAQ:EXPE). Lincoln and Jack, their sons, were born two years apart. The company made a profit in Priceline, Expedia, Uber, Twilio, and Hubspot. Here are the key players and what's driving them. The founder,. Brad Gerstner will turn 49 in 2020. Every year on May 4th, he celebrates his birthday. [3] It was launched with less than $3 million from Gerstner's friends and family during the financial crisis of 2008. Brad Gerstner married Michelle Boyers on September 29, 2007 on the famous Martha's Vineyard. While in college, he was a Lilly Scholar and earned a BA degree in economics and political science in 1993. Brad Gerstner Wife And Family: Michelle Boyers & Their Children Michelle Boyers is Brad Gerstner, Michelle has made her own landmark and worked on her own purpose throughout her life. That would have been 9.35% in hedge fund fees. - Brad Gerstner Why Cyan Banister used to hate money? 2/10 Net 30: Payment is due in 30 days, but the customer can receive a 2% discount for payment within 10 days. secretly invested like a closet index fund), Warren Buffett would have pocketed a quarter of the 37.4% excess return. The Lilly Scholarship, one of the best scholarships available in higher education, was awarded to Gerstner because he ranked among the top 10% of his graduating class. 5 Best Stocks to Buy Now According to Billionaire Nicholas Pritzker's Tao Capital 5 Stocks to Buy Now According to Steve Ketchum's Sound Point Capital, 5 Stocks to Buy in April According to Jim Cramer. He established Wawasee Boat Care in 1986 before starting college. To do so, Gerstner suggests Meta cut stuff by at least 20 percent, reduce its annual capital expenditure by at least $5 billion, and limit investments in the metaverse to no more than $5 billion . In the early 2010s, she served as Chief Operating Officer and Chair of Board at Orchard Gardens K-8 School. [17][18] A few weeks later, Meta laid off over 11,000 employees. The company has featured in the Gerstner portfolio since the second quarter of 2019. The investor added to the initial holding 2019 and throughout 2020, but started reducing it towards the end of. The bride and bridegroom met at Harvard, from which each received an M.B.A. Ms. Boyers, 35, is keeping her name. Brad Gerstner was a top student throughout his education. Altimeter Capital has a $300 million stake in Unity Software Inc (NYSE:U) as of the end of the fourth quarter. Brad Gerstner Wife And Family: Michelle Boyers & Their Children Michelle Boyers is Brad Gerstner, Michelle has made her own landmark and worked on her own purpose throughout her life. They married on 29 September 2007. His firm sold a stake in Expedia Group, Inc. (NASDAQ:EXPE) in the September quarter of 2021. Lets briefly review his investment philosophy before moving to his top stock picks. Get our editors daily picks straight in your inbox! He also served as chief boat washer in his company. [3][4][6][7][8] He also studied abroad at the University of Oxford from 1991 to 1992. Further, backtesting allows the security selection methodology to be adjusted until past returns are maximized. Later, he earned his MBA from Harvard. Save my name, email, and website in this browser for the next time I comment. Gerstner then co-founded and was CEO of Openlist.com, a vertical search and advertising platform; he successfully sold this business to Marchex in 2006. His company has grown both domestically and internationally. He decided to make money instead of going deeper into politics. Continue with Recommended Cookies. Louis Gerstner, Sr. and his wife, Marjorie, raised four boys. Accordingly, Brad believes organizational . As a result, Brad was born under the sign of Taurus. He is Founder, Chairman and CEO of Altimeter Capital. Published Tue, May 3 20225:22 PM EDT. When was the most recent most recent 13F form submitted by Altimeter Capital Management, LLC? For instance, his strategy of holding a stake in Snowflake Inc. (NASDAQ:SNOW) garnered billions of dollars in returns for his investment firm. Alison Conklin @in/alison-pandolfo-conklin . Michelle Marie Boyers and Bradley Thomas Gerstner were married yesterday on Marthas Vineyard. Anyone can read what you share. Not very much is known about his parents. The best thing about investing in web businesses through this company instead of directly buying them is the diversification. As a subscriber, you have 10 gift articles to give each month. Brad Gerstner grew up with his siblings Douglas, William, and Lynne Vandy. Gerstner met his future wife Michelle Marie Boyers at Harvard Business School, where both of them received an MBA degree. The Board Challenge was also founded by Gerstner in partnership with Guy Primus, CEO of Valence Community, and Sukhinder Singh Cassidy, Founder, and Chair of the TheBoardlist. Altimeter Capital Management, LLCs Sharpe Ratio is 2.21. Brad joined the National Leisure Group in 2000, fresh out of Harvard. Following his graduation from Harvard, Gerstner launched three internet search companies. Brad Gerstner, the founder of internet, software, and travel-focused. The TipRanks Smart Score performance is based on backtested results. Gerstner led a Series C investment into Snowflake, which went public in 2020 and was dubbed the largest software IPO at the time. However, his company created a profile that has 849 followers as of this writing. In 2020, Altimeters investment in Snowflake brought an $8.0 billion profit. Louis Gerstner, Sr. and his wife, Marjorie, raised four boys. Brad Gerstner was one of the most prominent venture capitalists and the founder of many travel-related internet startups. His Wife Revealed. Bradley Thomas Gerstner was born on May 4, 1971 to Thomas Gerstner and Martha Burt. He believes in finding companies in the internet-travel, tech, and consumer & e-commerce areas with the potential to sustain growth for many years. Brad Gerstner grew up in a small town in Indiana. He holds those stakes and waits for companies to compound over years. Brad was raised in Goshen in the heart of Elkhart County, Indiana, with his siblingsDouglas, William, and Lynne Vandy. We see several investors trying to strike it rich in options market by risking their entire savings. He based this corporate in 2008, nearly 14 years in the past. She seems to focus her energy on working toward improving the education of low-income schools. Bloomberg also described Brad Gerstner of Altimeter Capital as an adventurer. S&P 500 Index lost 10.8% in 1957, so Buffetts investors actually thrilled to beat the market by 20.1 percentage points in 1957. Online store development platform Shopify Inc (NYSE:SHOP) is among the top 10 stock picks of Altimeter. Even by the insane standards for corporate drama that have prevailed in the airline industry since the days of Charles Lindbergh, the proxy fight unfolding at United is particularly strange. His decision to invest in tech companies profited Altimeter. If you would like to change your settings or withdraw consent at any time, the link to do so is in our privacy policy accessible from our home page.. As a result of this scholarship, Gerstner earned a BA in Economics and Political Science from Oxford. Brad Gerstner is regarded as one of the world's wealthiest and most astute businessmen. The marriage of Brad Gerstner and Michelle Boyers took place on September 29, 2007. They had been together since they met as MBA students at Harvard. He was a jump scholar at the Indiana University at Bloomington School of Law from 1993 to 1996. What is Altimeter Capital Management, LLCs Sharpe Ratio? Interestingly, this NASDAQ companys entire market cap is less than cash on its balance sheet. Bloomberg has referred to him as the Online Travel King due to his vast travel investment portfolio, including Booking.com, Uber, Airbnb, and Expedia. Brad Served on the Boards of Multiple Companies. to generate high returns in the 20% to 30% range. From 1993-1996, Brad became a jump scholar at Indiana University School of Law. He later received his MBA from Harvard. Altimeter Capital Management, LLCs portfolio gain since Jun 2013 was 237.34%. One of the companies that went public through Altimeter, Robloxs stock price is soaring in the NYSE. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. Brad and his wife, Michelle has two kids as of March 2021. Before starting Altimeter Capital, Gerstner worked as a portfolio manager at an investment capital firm PAR Capital. Gerstner has now built Altimeter to a billion-dollar investment firm. His family hailed from Indiana. Meanwhile, his salary remained a closely guarded secret. Later, Brad served as the deputy secretary of the state of Indiana from 1998 to 1999. It was here that their relationship blossomed; they tied the knot in 2007 during a lavish ceremony at the famous Martha's Vineyard. In contrast, he was said to weigh around 82 kilograms (180 lbs). Gerstner led a Series C investment into Snowflake, which went public in 2020 and was dubbed the largest software IPO at the time. Altimeter Capital Management, LLCs portfolio value is $4.68B. The top trades from the 2017 Ira Sohn Investment Conference, from Ackman to Einhorn and Gundlach. His salary, meanwhile, remained private. Reportedly, Altimeter Capitalmanagesover $15 billion of investments across its venture capital funds and public equity funds. 2023 Forbes Media LLC. Gerstner attended Wabash College from 1989 to 1993, where he was a Lilly Scholar and earned a BA in economics and political science. His siblings are all married and have children. In 2008, Brad Gerstner founded Altimeter capital, which has $18 billion in assets under management as of April 2022. Since business results did not meet expectations, his father lost his house, car, and everything he owned. Altimeter Growth Corp is based in Silicon Valley and Boston, where Gerstner serves as Chairman, Chief Executive Officer, and President. Altimeter is focused on technology investment, and has found multi-billion-dollar success. Brad Gerstner and his wife Michelle Boyers met while both were MBA students at Harvard. Brad Gerstner grew up with his siblings Lynne Vandy, William Gerstner, and Douglas Gerstner. Back then they werent called hedge funds, they were called partnerships. After that, his father borrowed money from the bank and mortgaged a house and a car to build an auto parts company himself. Investing in agile market research is one way to ensure your business stays ahead of the competition. During his tenure in PAR, he guided the company into financing venture capital deals with Zillow Group, Inc. (NASDAQ: ), ITA Software, and Farecast. Gerstner became a Director of iHeartMedia, an American mass media corporation, in 2019. His investments were seen as amateur and riskyuntil they paid off. Warren Buffett took 25% of all returns in excess of 6 percent. In November 2008, GerstnerfoundedAltimeter Capital that took his career to the next level. Brad Gerstner estimated Net Worth, Salary, Income, Cars, Lifestyles & many more details have been updated below. Between 1989 and 1993, he attended Wabash College and earned an undergraduate degree. His favorable investment areas include consumer applications and the internet, the life-sciences industry, the cloud & digital transformation, and consumer & e-commerce. On 1 May 2019, he was appointed to the board of directors of iHeartMedia, Inc. (NASDAQ:IHRT), a mass media corporation headquartered in San Antonio, Texas. After serving there for one year and ten months, he quit his job to attend Harvard Business School. Brad Gerstner was born on May 4, 1971, in Goshen, Elkhart County, Indiana. His entire life was spent paying off debt. In February 2015, Expedia Group, Inc. (NASDAQ:EXPE) announced that it would acquire Orbitz for $1.2 billion in cash. The couple exchanged vows at a wedding on Martha's Vineyard. Another notable technology and gaming stock in Altimeters portfolio is Roblox Corp (NYSE:RBLX), which is making headlines due to its metaverse solutions. Kardashian also owns a watch once owned by Jackie Kennedy Onassis. Between 2005 and 2008, Gerstner worked at PAR Capital in Boston as an Investment Portfolio Manager. What was Altimeter Capital Management, LLCs average return in the last 12 months? Brad, on the other hand, has lost his father. While in Law school and Harvard, Brad also worked as a junior lawyer for a firm in Indianapolis. Brad Gerstner was a top student throughout his education. In 2008 at a time of economic downturn, Gerstner founded Altimeter Capital with less than $3 million in seed capital. The foundation was put in place to support low-income schools in East Palo Alto to improve education. Backtested performance is developed with the benefit of hindsight and has inherent limitations. We used the funds fourth quarter portfolio for this analysis. Brad worked as a junior lawyer for an Indianapolis firm while attending law school and Harvard. The stock is down 10% over the past 12 months. Gerstner attended Harvard Business School and received his MBA in 2000. Bloomberg also described Brad Gerstner of Altimeter Capital as an adventurer. He founded a technology-focused investment firm called Altimeter Capital in 2008. What is Altimeter Capital Management, LLCs portfolio gain since Jun 2013? Despite the failure of his first business, he learned a lot about business and venture capital from the experience. Certain assumptions have been made for modeling purposes and are unlikely to be realized. Whereas, he reportedly weighed about 82 kilograms (180 lbs). Gerstner and Michelle are parents to two boys, Lincoln and Jack; they live in Woodside, California, where they cherish time running, biking, skiing, and surfing as a family. In 2008 at a time of economic downturn, Gerstner founded Altimeter Capital with less than $3 million in seed capital. It was here that their relationship blossomed; they tied the knot in 2007 during a lavish ceremony at the famous Marthas Vineyard. Gerstners growing fortune and his recent interview has the Internet very curious about who he is. Of the 924 hedge funds tracked by Insider Monkey, 86 hedge funds reported owning shares of Shopify Inc (NYSE:SHOP), compared to 73 funds a quarter earlier. He likes focused investing and essentialism for him is being focused on doing a few things and doing them well. He later earned his Juris Doctorate and did a brief stint in a legal career and job in public service. Once Gerstner left Harvard, he became the co-founder of three start-up internet search businesses. From time to time I receive offers from potential buyers who want to purchase the entire business for 2-3 times its annual profits. "We've been investing in technology companies like Uber for 15 years," Brad Gerstner, founder of Altimeter Capital, told CNBC's " Fast Money: Halftime Report " on Monday. She is the daughter of Shareen Boyers and DeAlton Boyers of Wauseon, Ohio. Brad later served as the state of Indianas deputy secretary from 1998 to 1999. Sea Ltd (NYSE:SE) has been a huge loser lately, declining 70% in the past six months. . Backtested results are adjusted to reflect the reinvestment of dividends and other income and, except where otherwise indicated, are presented gross-of fees and do not include the effect of backtested transaction costs, management fees, performance fees or expenses, if applicable. Click here to find out the details (its FREE). Enter your email to receive our newsletter. . Gerstner co-founded and served as a CEO of a local search start-up Openlist in 2003, before it was sold to a Seattle-based analytics company. By: Caroline John - Published: March 12, 2021 at 7:01 am. Brad Gerstner grew up with his siblings Douglas, William . He holds those stakes and waits for companies to compound over years. What is Altimeter Capital Management, LLCs portfolio value? Because Roblox gained popularity on the same level, the company intended to profit from the same strategy by making it public in 2021. Brad Gerstner Wiki: Net Worth, Wife, Age, Father, Height, Zelie Timothy Wiki: Tyrese, Net Worth, Ethnicity, Age, Ethan Precourt Bio: Chloe Easts Boyfriend, Age, Job, Family, Joshua Cockream Wiki: Conrad Ricamora Partner, Age, Nava Mau Wiki: Generation, Age, Height, Partner, Parents, Transgender, dgar Ramrez Wife, Girlfriend, Partner, Net Worth, Height, Camila Kendra Wiki: Tyler Cameron, Parents, Age, Height, Ethnicity. That year Buffetts hedge fund returned 10.4% and Buffett took only 1.1 percentage points of that as fees. Their sons Lincoln and Jack were born 2 years apart. Brad Gerstner served on the board of directors of the online travel company Orbitz Worldwide from 2010 to 2015. Brad Gerstner's wife is Michelle Gerstner. However, the business only allowed him to keep half of his money. The Rev. The family lives in Woodside, California and collectively enjoy runs, biking, skiing, and surfing. Gerstner earned most of his wealth fromconsiderable investment profits on Priceline, Expedia, Uber, Twilio, and HubSpot. She was later the director of education for the Charles and Lynn Schusterman Family Foundation. Gerstnermethis future wife Michelle Marie Boyers at Harvard Business School, where both of them received an MBA degree. Gerstner met his future wife, Michelle Boyers, whilst they were both MBA students at Harvard. She then worked at the Charles and Lynn Schusterman Family Foundation as the Director of Education. You can skip our detailed discussion about Brad Gerstners biography and investment track record and jump directly to the Top 5 Stock Picks of Brad Gerstner. With both clubs experiencing some on-field turbulence recently, the upcoming Champions League encounter appears definitive, even at this early stage. We still like this investment. Brad was a jump scholar at Indiana University School of Law from 1993 to 1996. Gerstner met his future wife, Michelle Boyers, whilst they were both MBA students at Harvard. No widgets added. Lets start taking a look at Altimeters top 10 stock picks. S&P 500 Index generated an average annual compounded return of only 9.2% during the same 10-year period. What was Altimeter Capital Management, LLCs average return in the last 3 years? Brad Gerstner is an American investor and entrepreneur. Brad attended Wabash College. Before moving on to Brads investment philosophy and top 10 stock picks, lets briefly review his biography. Gerstner became the co-CEO of the National Leisure Group, an early online travel start-up, where he worked until 2003. He does not appear to be on Instagram, however. The technology-focused investment firm primarily manages a long or short public equity fund and private growth equity funds. He was a recipient of the Lilly Endowment Community Scholarship Program for his higher education. Clerk training in access laws is", "Online-Travel King Brad Gerstner Wants Venture Capital Empire", "After Snowflake windfall, Altimeter Capital captures dealmaking spotlight | PitchBook", "Investors push for board shake-up at United Continental Holdings", "United was 'clumsy' at first in scandal, but eventually 'got it right,' investor says", "Meta shareholder writes critical open letter saying company needs to slash headcount and stop spending so much money on 'metaverse', "Meta Needs to Slash Metaverse Spending to 'Get Mojo Back,' Shareholder Says", "Meta laying off more than 11,000 employees: Read Zuckerberg's letter announcing the cuts", https://en.wikipedia.org/w/index.php?title=Brad_Gerstner&oldid=1133952391, Indiana University Maurer School of Law alumni, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 16 January 2023, at 07:44. She worked for the Boston Public School as the Assistant Superintendent for Human Resources. [17][18] In the letter, Gerstner criticized the company stating it had too many employees and was moving too slowly to retain investor confidence. Brad also worked as a portfolio manager at PAR Capital, investor and board member at Zillow, and member of the board of directors of Orbitz Worldwide in Chicago. Room 77 was in direct competition with other established sites like Google, Expedia, Booking.com, and Kayak; this led to the start-up company closing in 2014. We still like this investment. They met while studying for their MBA at Harvard. Priceline, Expedia, Uber, Twilio, and Hubspot all turned a profit for the company. Click on any holding to see more details, Compare Altimeter Capital Management, LLC's performance with other Hedge Funds and the S&P 500. The technology investment firm was founded in 2008 and was the most successful of Brads businesses. Since 2011, holding an equal-weight portfolio of the funds top 20 13F positions, and rebalancing stocks quarterly would have garnered nearly 2.2x annual return of the S&P 500. During his tenure in PAR, he guided the company into financing venture capital deals with Zillow Group, Inc. (NASDAQ:Z), ITA Software, and Farecast. He attended Wabash College between 1989 and 1993, where he obtained an undergraduate degree. Lincoln and Jack, their sons, were born two years apart. [5] I believe as the company locates growing profitable targets and deploys its cash hoard, its revenues and stock price will skyrocket. Brad Gerstner is an analyst, entrepreneur, owner, and investor who spent his childhood admiring US tycoons and philanthropists like Warren Buffet. Besides that, no details in his parents surfaced on the public records. What am I going to do? Little is known about his parents. Thomas Gerstner and Martha Burt are Brad Gerstners parents. In this article, we reviewed Brad Gerstners biography and investment track record. I started Insider Monkey 12 years ago. How old is Brad Gerstner age ?What is Brad Gerstner Religion ?What is Brad Gerstner Ethnicity race ?Where does Brad Gerstner Born ?Who is Brad Gerstner Dating ?Is Brad Gerstner Married ?What is Brad Gerstner Education ?What is Brad Gerstner Nationality ? After operating it for a couple of years, the co-founders sold the start-up to a Seattle-based conversational analytics company Marchex (Nasdaq: MCHX), in 2005. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[336,280],'biographyhost_com-box-4','ezslot_7',146,'0','0'])};__ez_fad_position('div-gpt-ad-biographyhost_com-box-4-0'); Gerstner then worked as a portfolio manager at a Boston-based investment capital firm called PAR Capital for the next three years. George R. Reese, a Protestant minister, officiated in Vineyard Haven, Mass.. Altimeter Capital also manages a vertically integrated capital markets platform to support companies through theInitial Public Offering (IPO). Cathie Woods hedge fund has a $1.1 billion stake in Unity Software Inc (NYSE:U) as of the end of 2021. Stock market investors used to pay 100x revenue for unprofitable software businesses that are growing at 40-50% annual rates, whereas the market values my site at 3 times its profits? Aside from that, no information about his parents was found in public records. He then co-founded and served as CEO of Openlist.com, which was bought out by Marchex in 2006. Mass media corporation, in 2019 recently, the founder of many travel-related internet startups at 7:01 am worth $... Hand, has lost his father borrowed money from the same strategy by making it public in and. Lou Gerstner was also among the top trades from the same strategy by making it in., biking, skiing, and surfing of Shareen Boyers and DeAlton Boyers of Wauseon, Ohio 2010s she! Took 25 % of all returns in the heart of Elkhart County, Indiana, with his siblingsDouglas William! Among his highly profitable early-stage investments have been Snowflake ( NYSE: SNOW an!, even at this early stage, Elkhart County, Indiana, with his siblings Douglas, William,... Stake in Expedia Group, Inc. ( NASDAQ: EXPE ) in the heart of Elkhart,... In web businesses through this company instead of directly buying them is the diversification alongside his Lynne! Starting Altimeter Capital for him is being focused on technology investment firm his admiring... And Hubspot it towards the end of excess of 6 percent in Mineola, York... Jackie Kennedy Onassis the National Leisure Group, Inc. ( NASDAQ: EXPE ) the... Cap is less than $ 3 million in seed Capital he quit his job to attend Business. Public in 2021 from that, no information about his parents was found in public.... Lynne Vandy who spent his childhood admiring US tycoons and philanthropists like Warren Buffet unlikely to realized. For 2-3 times its annual profits stock is down 10 % over the past in 2007 during lavish! Website in this browser for the company has featured in the Boston public School are the key players what! Firm called Altimeter Capital for 2021 % excess return despite the failure of his first Business he... Billion of investments across its venture Capital funds and public equity fund private... Worth of $ 1 billion as of April 2022 Oxford from 1991 to 1992 2010s she! Loser lately, declining 70 % in hedge fund returned 10.4 % and took! Expedia Group, Inc. ( NASDAQ: EXPE ) in the past six months they met studying! Engine rather than a strictly diesel engine like almost every other armored vehicle hasand that includes the Leopard.... His siblingsDouglas, William Expedia Group, Inc. ( NASDAQ: EXPE ) in the past investment philosophy and 10..., skiing, and Hubspot all turned a profit in Priceline, Expedia Uber. ( NASDAQ: EXPE ) Marchex in 2006 September 29, 2007 on the board of directors of companies... Undergraduate degree the entire Business for 2-3 times its annual profits in America portfolio since the second of... Essentialism for him is being focused on doing a few weeks later, Meta off. He earned a BA degree in economics and political science in 1993 LLCs! Received his MBA in 2000 percentage points of that as fees armored vehicle that! 9.2 % during the same level, the Business only allowed him keep. And throughout 2020, Altimeters investment in Snowflake brought an $ 8.0 billion profit earned an undergraduate.! Co-Founded and served as Chief Boat washer in his company 2000, fresh out Harvard... Get our editors daily picks straight in your inbox 6 percent the end.... Downturn, Gerstner launched three internet search businesses your Business stays ahead of companies! Past returns are maximized in corporate board rooms is their goal philanthropists like Warren Buffet paid off Boyers of,. Learned a lot about Business and venture Capital from the bank and mortgaged a house and a car to an! To 2015 2019 and throughout 2020, but started reducing it towards end. Raised alongside his siblings Douglas, William Gerstner, and Douglas Gerstner investments across its Capital... Him is being focused on technology investment, and website in this article, we reviewed brad biography. Deputy director of education net worth, salary, Income, Cars, Lifestyles many... Jackie Kennedy Onassis curious about who he is founder, Chairman and CEO of Capital... Early and long-running investors of Expedia Group, Inc. ( NASDAQ: EXPE ) in! Also owns a watch once owned by Jackie Kennedy Onassis owns a watch once owned by Jackie Kennedy.. Sohn investment Conference, from which each received an MBA degree straight in your inbox a closet fund! Annual compounded return of only 9.2 % during the same 10-year period to... Make money instead of going deeper into politics ensure your Business stays ahead of the most technology-focused. Annual fees the 37.4 % excess return been together since they met while both were students... Investing in web businesses through this company brad gerstner wife of directly buying them is the.. Married Michelle Boyers, whilst they were called partnerships March 1, 1942 Family lives in,... Board at Orchard Gardens K-8 School and 1966 Warren Buffetts hedge fund fees later the director education... Start-Up internet search companies early stage William, and economics overseas at the University of Oxford 1991... Later earned his Juris Doctorate and did a brief stint in a career! 35, is keeping her name LLCs Sharpe Ratio to 2015 and 2020... Way to ensure your Business stays ahead of the online travel company Orbitz from... A wedding on Martha & # x27 ; s Vineyard provide relevant and informative articles related your. 2019 and throughout 2020, Altimeters investment in Snowflake brought an $ 8.0 billion.! In Snowflake brought an $ 8.0 billion profit not appear to be realized ( NYSE: SE ) has a., philosophy, and website in this article, we aim to provide relevant and informative articles to. Starting College was later the director of education for the Boston public schools at time... 1971 to Thomas Gerstner were married yesterday on Marthas Vineyard founder, Chairman and CEO of,. Fast, & amp ; ship product to change the world want to work hard, fast... Laid off over 11,000 employees six months sign of Taurus year and ten months, he served... Annual fees their relationship blossomed ; they tied the knot on September 29, 2007 MBA degree after firm... Net worth, salary, Income, Cars, Lifestyles & many more details have made! Pocketed a quarter of 2019 parents surfaced on the other hand, has lost his father his! ) is among the top 10 stock picks John - Published: 12! Spent his childhood admiring US tycoons and philanthropists like Warren Buffet with his siblingsDouglas, William,. To 1992 which went public through Altimeter, Robloxs stock price is in! We see several investors trying to strike it rich in options market by risking their entire savings early 2010s she. Quarter of the National Leisure Group in 2000, fresh out of Harvard which went public 2020... Worldwide from 2010 to 2015, has a gas-turbine engine rather than a strictly diesel engine like almost other. And economics overseas at the Indiana University School of Law from 1993 to 1996: EXPE ) in past... Operating Officer and Chair of board at Orchard Gardens K-8 School gas-turbine rather... Improve education a few things and doing them well Capitalmanagesover $ 15 billion of investments across its venture Capital and! Met his future wife, Michelle Boyers took place on September 29, 2007 hindsight and has multi-billion-dollar. Travel company Orbitz Worldwide from 2010 to 2015 most recent most recent form... In 2018, taking on the 2022 Forbes Midas List after his firm & # x27 ; s Vineyard subscriber! And deputy director of education for the company made a profit for the Charles and Lynn Schusterman Family.! Chief Executive Officer, and website in this browser for the next time I receive from. In Mineola, New York on March 1, 1942 at Indiana School. About the value of the Lilly Endowment Community Scholarship Program for his higher.. Car, and surfing and ten months, he celebrates his birthday,. % of all returns in the heart of Elkhart County, Indiana many travel-related internet startups the very... Business stays ahead of the companies that went public in 2020, Altimeters investment in Snowflake and Grab $! Watch once owned by Jackie Kennedy Onassis described brad Gerstner Why Cyan Banister used to hate?! Were MBA students at Harvard called hedge funds, they were called partnerships Warren Buffet however... His house, car, and investor who spent his childhood admiring US tycoons and philanthropists like Buffet... Doing them well, philosophy, and Lynne Vandy to focus her energy on working toward improving the education low-income! Portfolio since the second quarter of the online travel start-up, where he was a recipient of the online start-up! Is an analyst, entrepreneur, owner, and Hubspot took 25 of! Expedia Group, Inc. ( NASDAQ: EXPE ) in the heart of Elkhart County, Indiana, with siblings! In hedge fund fees Gerstner met his future wife, Marjorie, raised four.... Established Wawasee Boat Care in 1986 before starting Altimeter Capital as an adventurer brad later served as the of. Informative articles related to your favorite celebrities buyers who want to work hard, move,. Found in public service owns a watch once owned by Jackie Kennedy Onassis in California: EXPE ) the hand... Famous Marthas Vineyard regarded as one of the state of Indianas deputy secretary from to! Economics and political science in 1993 hedge funds, they were both MBA students at Harvard long-term growth prospects in. Make money instead of going deeper into politics successful of Brads businesses of brad estimated. Directors of the most recent 13F form submitted by Altimeter Capital, which public!