Brendan F. Wallace

Last updated

Brendan F. Wallace
Born
Brendan Fitzgerald Wallace
Alma mater Stanford Graduate School of Business
OccupationBusinessperson
Years active2010–present
Known forCofounder of Fifth Wall, Cabify and Identified, Inc.

Brendan F. Wallace is an American businessman and investor. He is cofounder and managing partner of the venture capital firm Fifth Wall. He also cofounded career networking platform Identified, Inc. and the ridesharing service Cabify, and currently sits on Cabify's board of advisors.

Contents

Early life and education

Brendan Fitzgerald Wallace grew up in New York City. [1] He graduated from Princeton University with a bachelor's degree in political science and economics in 2004, and received an MBA from the Stanford Graduate School of Business in 2010. [2] While at Stanford, Wallace became interested in technology and entrepreneurship, and he went on to found several companies with his former classmates. [3]

Career

Early career

Wallace began his career as a real estate analyst at Goldman Sachs and worked for The Blackstone Group's real estate division, [4] where he was a part of Blackstone's acquisition of Hilton Hotels. [5]

Identified, Inc.

In 2010, Wallace cofounded career networking platform Identified, Inc., with Adayemi Ajao. [6] The platform's model is based on gamification, and had 10 million users within eight months of its launch. [7] Early versions of Identified's database were used by employers such as Google, Disney, and McKinsey & Company. [6] It received $33 million in venture capital between 2010 and 2014. [8] Wallace was co-CEO of the company until it was acquired by Workday, Inc. in 2014. [9]

Cabify

In 2012, Wallace cofounded the Latin American ridesharing service Cabify, with Ajao and Spanish entrepreneur Juan de Antonio. Wallace currently sits on the company's advisory board. [10] Cabify reached a valuation of $1.4 billion in 2018, making it a unicorn. [11]

Fifth Wall

In 2016, Wallace and Brad Greiwe cofounded Fifth Wall, [12] a venture capital firm which invests in PropTech ventures, including technologies which decarbonize the real estate industry. [13] [14] As of 2021, it was one of the largest property technology venture investors in the United States. [15] In July 2022, the firm raised $500 million for its inaugural Climate Fund. [16] In 2023, the company closed an $866 million investment fund, [17] which The Wall Street Journal reported was the largest real estate investment fund in history. [18]

According to LA Business Journal , he was one of the most influential business executives between 2019 and 2022. [19] [20] Commercial Observer included him on its Power 100 list in 2021 and 2022. [21]

Personal life

Wallace adopted a three-legged pit bull-mix named Lady Macbeth in 2021. They appeared on the Netflix series Canine Intervention . [22]

He dated British actress Emma Watson in 2018. [23] [24] He later dated American actress Alexandra Daddario in 2019. [25]

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References

  1. ↑ Burford, Annie (June 30, 2020). "Watch: Three Experts". dot.LA. Archived from the original on December 16, 2022. Retrieved December 15, 2022.
  2. ↑ "What to Know About Emma Watson's New Businessman Beau Brendan Wallace". Peoplemag. Archived from the original on October 9, 2022. Retrieved December 15, 2022.
  3. ↑ "A new venture firm focused on real estate has raised $212 million from real estate industry giants". TechCrunch. Retrieved December 15, 2022.
  4. ↑ "Fifth Wall's Brendan Wallace On What's Next After $866M Proptech Fund". Commercial Observer. December 18, 2022. Archived from the original on February 8, 2023. Retrieved February 8, 2023.
  5. ↑ Lemoncelli, Jenna (October 16, 2018). "Brendan Wallace: 5 Things To Know About Emma Watson's Hunky New CEO Boyfriend". Hollywood Life. Archived from the original on February 8, 2023. Retrieved February 8, 2023.
  6. 1 2 Tilley, Aaron (April 27, 2012). "Identified Inc.: Helping job seekers level up". San Francisco Business Times. Archived from the original on September 6, 2012. Retrieved December 15, 2022.
  7. ↑ Hoge, Patrick (June 5, 2012). "Identified raises $21 million Series B". San Francisco Business Journals. Archived from the original on June 14, 2012. Retrieved December 15, 2022.
  8. ↑ "Meet a VC: Brendan Wallace & Brad Greiwe". NASDAQ . October 12, 2017. Archived from the original on December 16, 2022.
  9. ↑ "Identified Acquires by Workday". Wall Street Journal. February 26, 2014. ISSN   0099-9660. Archived from the original on December 16, 2022. Retrieved December 15, 2022.
  10. ↑ DÍAS, CINCO (December 23, 2011). "Un fundador de Tuenti se pasa a los coches de lujo bajo demanda". Cinco Días (in Spanish). Archived from the original on December 16, 2022. Retrieved December 15, 2022.
  11. ↑ "Spain's Cabify claims it is first profitable car-booking app". Financial Times. February 5, 2020. Archived from the original on December 27, 2022. Retrieved December 27, 2022.
  12. ↑ "Fifth Wall Ventures Raises $20M, Led by Identified's Founder". Wall Street Journal. September 30, 2016. ISSN   0099-9660. Archived from the original on December 16, 2022. Retrieved December 15, 2022.
  13. ↑ Wells, Matty (November 16, 2021). "How One Venice Entrepreneur Has Raised $140 Million to Combat Climate Change". Los Angeles Magazine. Archived from the original on December 25, 2022. Retrieved December 15, 2022.
  14. ↑ Lash, Herbert (July 21, 2022). "EXCLUSIVE Fifth Wall climate fund aims to decarbonize property industry". Reuters. Archived from the original on February 14, 2023. Retrieved December 15, 2022.
  15. ↑ Maio, Pat (April 25, 2021). "Fifth Wall SPAC Seeks $250 Million". Los Angeles Business Journal. Archived from the original on December 27, 2022. Retrieved December 27, 2022.
  16. ↑ Olick, Diana. "Fifth Wall closes half-billion-dollar climate fund to decarbonize global real estate". CNBC. Archived from the original on December 13, 2022. Retrieved February 8, 2023.
  17. ↑ Nicoll, Alex. "Proptech is losing money left and right, but Fifth Wall's Brendan Wallace is ready to spend $866 million as the sector enters its 'proving ground'". Business Insider. Archived from the original on February 8, 2023. Retrieved February 8, 2023.
  18. ↑ Putzier, Konrad. "WSJ News Exclusive | Venture Firm Fifth Wall Raises Record Real-Estate Startup Fund". WSJ. Archived from the original on February 17, 2023. Retrieved February 8, 2023.
  19. ↑ "BRENDAN WALLACE". Los Angeles Business Journal. May 19, 2019. Archived from the original on October 12, 2022. Retrieved December 15, 2022.
  20. ↑ "LA500 2022: Brendan Wallace". Los Angeles Business Journal. June 20, 2022. Archived from the original on December 16, 2022. Retrieved December 15, 2022.
  21. ↑ "Brendan Wallace and Brad Greiwe". Commercial Observer. May 16, 2022. Archived from the original on December 16, 2022. Retrieved December 15, 2022.
  22. ↑ Gottesman, Eliana (March 1, 2021). "Canine Intervention: Everything To Know About Lady Macbeth's Owner Brendan Wallace". ScreenRant. Archived from the original on December 16, 2022. Retrieved December 15, 2022.
  23. ↑ Epstein, Rachel (January 15, 2019). "Are Emma Watson and Brendan Wallace Still a Thing? Here's What to Know About Him". Marie Claire . Archived from the original on December 21, 2022. Retrieved December 15, 2022.
  24. ↑ "Emma Watson Spotted With a New Tech Bro". W Magazine . Archived from the original on December 21, 2022. Retrieved December 15, 2022.
  25. ↑ "Alexandra Daddario's Dating History: Here Are The Famous Names She's Been Linked To". Inquisitr . August 13, 2021. Archived from the original on February 1, 2023. Retrieved December 15, 2022.
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