Langley Steinert

Last updated

Langley Steinert
Langley Steinert in 2005.jpg
Steinert at Harvard University, 2005
Born1963 (age 6061)
Concord, United States
Education
Occupation
  • Entrepreneur
Years active2000-present
Title

Langley Steinert (born 1963) is an American entrepreneur and business executive. He is most notable for being a founder of CarGurus and being a co-founder Tripadvisor along with Stephen Kaufer. [3]

Contents

Steinert has been estimated to have a Net worth of US$522 million as of 2021. [4]

Education

Steinert attended Georgetown University from 1981 until 1985, finishing with a Bachelor's degree in Economics. From 1989 until 1991 he attended Tuck School of Business earning his Master of Business Administration. [5]

Business career

Early career

After graduating from business school, Steinert spent three years from 1991 until 1994 as a product manager at the now defunct Lotus Software. After his stay at Lotus, he later spent three years at Papyrus and then spent another two years at Viaweb, joining as the fifth employee of the company. Steinert then became a partner at the venture capital company Flagship Pioneering (then Flagship Ventures), where he then met Stephen Kaufer, who he would later co-found Tripadvisor with. [5]

Tripadvisor

Steinert along with Kaufer, raised US$4.5 million from family and friends to later found their company Tripadvisor, a company that utilizes user-generated reviews for places such as Hotels, Museums and Restaurants, in February 2000. [3] [6] In an interview with Inc., Steinert stated that "this became bigger than I'd envisioned" when asked about his success at Tripadvisor. [6] He later stepped down as chairman of the company in February 2006 to found his new company CarGurus. [7]

CarGurus

Steinert founded the company CarGurus, a company that assists users in comparing local listings for used and new cars, and contacting sellers, in January 2006. [8] Steinert served as CEO of the company until 2021, when he stepped down, replacing him with Jason Trevisan. [9]

ApartmentAdvisor

Along with Josh Arnold and Oliver Chrzan, he founded the company ApartmentAdvisor, which is based on finding "apartments that offer the best value for the money", in 2021. [2]

Related Research Articles

<span class="mw-page-title-main">Jason Pontin</span> British-born venture capitalist and journalist

Jason Matthew Daniel Pontin is a British-born venture capitalist and journalist. He is a General Partner at the venture capital firm of DCVC in Palo Alto, and is a board member and seed investor in a number of life sciences companies. He is the former editor in chief and publisher of MIT Technology Review.

Tripadvisor, Inc. is an American company that operates online travel agencies, comparison shopping websites, and mobile apps with user-generated content.

Georges Frédéric Doriot was a French-American known for his prolific careers in military, academics, business and education.

Robert "Bob" Davoli is an American venture capitalist at Gutbrain Ventures in Boston, Massachusetts.

Jeff Taylor is an American businessman who founded the online jobs site Monster.com.

<span class="mw-page-title-main">TA Associates</span> American private equity firm

TA Associates, is an American private equity firm and was one of the early modern-era private equity firms in the United States. The firm leads buyouts and minority recapitalizations of profitable growth companies. TA invests across five industry groups: technology, healthcare, consumer products, financial services and business services.

<span class="mw-page-title-main">Thomas G. Stemberg</span> American businessman

Thomas George Stemberg was an American businessman, investor, and philanthropist. He was a pioneer of the office supplies superstore industry, most notably for founding office supply retail chain Staples Inc. with Leo Kahn.

<span class="mw-page-title-main">Paul M. English</span> American tech entrepreneur and philanthropist

Paul M. English is an American tech entrepreneur, computer scientist and philanthropist. He is the founder of Boston Venture Studio, and previously co-founded and served as CTO of Kayak.

<span class="mw-page-title-main">American Research and Development Corporation</span>

American Research and Development Corporation (ARDC) was a venture capital and private equity firm founded in 1946 by Georges Doriot, Ralph Flanders, Merrill Griswold, and Karl Compton.

<span class="mw-page-title-main">Where.com</span> Former American media company

Where, Inc. was a location-based media company in North America. Their main products were the WHERE consumer application and WHERE Ads, a hyper-local ad network that connected merchants with local audiences. PayPal announced its acquisition of Where, Inc. in 2011 for $135 million.

<span class="mw-page-title-main">Brian Halligan</span> American businessman

Brian Halligan is an American executive and author. He is the co-founder and executive chairman of software company HubSpot based in Cambridge, Massachusetts, and is also a senior lecturer at Massachusetts Institute of Technology. Halligan coined the term "inbound marketing" to describe the type of marketing he advocates.

<span class="mw-page-title-main">Todd Boehly</span> American businessman and investor

Todd Boehly is an American businessman and investor. He is the co-founder, chairman, chief executive officer and controlling member of Eldridge Industries, a holding company headquartered in Greenwich, Connecticut. He is also the interim CEO of the Hollywood Foreign Press Association and co-controlling owner and chairman of Premier League football club Chelsea, and co-owner of Ligue 1 football club RC Strasbourg under BlueCo. As of 2024, Forbes estimates his net worth at US$6.1 billion.

<span class="mw-page-title-main">Sheila Lirio Marcelo</span> Filipino-American entrepreneur

Sheila Lirio Marcelo is a Filipino-American entrepreneur. She is the co-founder and CEO of Ohai.ai, a technology company leveraging AI for home and household mangagement. She also founded Proof of Learn, an education platform where she served as CEO, and Care.com, an online marketplace for childcare, senior care, special needs care, tutoring, pet care, and housekeeping, where she served as CEO and chairwoman.

Yesware is a sales productivity platform designed as an ease-of-use assistant for businesses. The company was founded by Matthew Bellows, Rajat Bhargava, and Cashman Andrus. The company has over 800,000 users, including companies like Acquia, Groupon, Zendesk and Square.

CarGurus, Inc. is a Cambridge, Massachusetts-based automotive research and shopping website that assists users in comparing local listings for used and new cars, and contacting sellers.

FlipKey is an online vacation rental marketplace. It is a subsidiary of TripAdvisor. In 2016 the company listed more than 300,000 properties in 179 countries. Its headquarters is in Boston, Massachusetts, United States.

<span class="mw-page-title-main">Antonio Rodriguez (entrepreneur)</span>

Antonio Rodriguez is a serial entrepreneur and venture capitalist.

Toast, Inc. is an American cloud-based restaurant management software company based in Boston, Massachusetts. The company provides an all-in-one point of sale (POS) system built on the Android operating system.

<span class="mw-page-title-main">Stephen Kaufer</span> American businessman (born 1962)

Stephen Kaufer is an American businessman who founded travel services company TripAdvisor. Kaufer launched TripAdvisor in 2000 with Langley Steinert, and was the company's president and chief executive officer from then until his retirement in 2022.

ApartmentAdvisor is a Cambridge, Massachusetts-based apartment listings search website that assists users in finding local apartment rentals.

References

  1. "About". apartmentadvisor.com. Retrieved January 7, 2022.
  2. 1 2 Kirsner, Scott (November 4, 2021). "The entrepreneur behind TripAdvisor and CarGurus wants to change apartment hunting". The Boston Globe. Boston Globe Media Partners. Retrieved January 7, 2022.
  3. 1 2 Bussgang, Jeffrey (October 2, 2012). "The Secrets to TripAdvisor's Impressive Scale". Harvard Business Review. Harvard Business Publishing . Retrieved January 7, 2022.
  4. "Langley Steinert Net Worth". wallmine.com. Retrieved January 7, 2022.
  5. 1 2 "LANGLEY STEINERT". Tuck School of Business . Retrieved January 7, 2022.
  6. 1 2 Saporito, Bill (August 2018). "Why This CEO Took His $3.5 Billion Company Public: 'You Have to Give Employees Equity'". Inc. Mansueto Ventures . Retrieved January 7, 2022.
  7. Massy, Kevin (January 25, 2007). "Web gurus launch CarGurus.com". CNET. Red Ventures. Archived from the original on August 10, 2010. Retrieved January 7, 2022.
  8. Kirsner, Scott (January 16, 2013). "Auto shopping site CarGurus grows into new Cambridge office space; approaches $40 million in revenues". Boston.com. The Boston Globe . Retrieved January 7, 2022.
  9. "CarGurus names new CEO; Steinert to be executive chairman". Auto Remarketing. Cherokee Media Group. January 21, 2021. Retrieved January 7, 2022.