Mariam Naficy

Last updated
Mariam Naficy
NationalityAmerican
Alma mater Stanford Graduate School of Business
OccupationEntrepreneur
Website LinkedIn profile

Mariam Naficy is an American entrepreneur. She is the co-founder and board chairman of Tonic.xyz, a fine art NFT gallery and community focused on generative art collections. [1]

Contents

Mariam previously ws CEO and founder of the trend-setting online design marketplace Minted [2] and prior to that, founded one of the first online cosmetic retailers, Eve.com, in 1998. Eve won kudos from media outlets such as Fortune Magazine and CNN for its site architecture and other innovations.

Early life and education

Naficy was born to Iranian and Chinese parents who are graduates of Georgetown University and were stationed abroad throughout Africa and the Middle East. [3] Her parent was a United Nations development economist, and she spent her childhood in six countries, including Egypt, Tanzania, and Iran. [4] She earned a degree in political science from Williams College, and then proceeded to pursue her master's degree from the Stanford Graduate School of Business in 1998. [5]

While in business school, Naficy published The Fast Track: The Insider's Guide to Winning Jobs in Management Consulting, Investment Banking, & Securities Trading, which has sold 50,000 copies. [6]

Career

Naficy worked as an investment banker at Goldman Sachs early in her career. [7] In 1998 at the age of 28, she co-founded Eve.com, which later sold for $110 million to Idealab in 2000. [8]

She led project management at Movielink, a 5-studio consortium, including Sony Pictures, Warner Brothers, Universal that was one of the first downloadable movie services. [9]

After that, she was Vice President and General Manager at The Body Shop, launching their first e-commerce business in 2004. [6]

Naficy founded the online stationery store Minted.com in 2008. [10] It stalled at first, but grew to 400 employees by 2019. [11] [12] Raising $208 million in 2018, it was the largest funding transaction that year involving a startup led by a female founder. [13]

Naficy sits on the Board of Directors of Minted, Medium, Victoria's Secret, and Every Mother Counts. She is a Trustee of Williams College and a member of the Advisory Council of Stanford’s Graduate School of Business.

Works

Personal life

Her husband, Michael Mader, also works at Minted. [4] They have two children. [15]

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References

  1. ↑ Chen, Min (2023-01-24). "Gagosian's Former Digital Lead Is Spearheading a 'Safe and Welcoming' NFT Marketplace With a Focus on Generative Art". Artnet News. Retrieved 2023-03-29.
  2. ↑ "Mariam Naficy: The Money Episode". Masters of Scale.
  3. ↑ "Fortune picks woman for business acumen". Iran Times. Retrieved 18 February 2023.
  4. 1 2 "A Dot-Com Era Survivor Is Back With Minted, A $700M Stationery Startup For The Instagram Generation", Forbes, 2019
  5. ↑ Feloni, Richard (9 September 2014). "The 25 Most Successful Stanford Business School Graduates". Business Insider. Retrieved 18 February 2023.
  6. 1 2 Mcmahon, Regan (November 14, 2010). "Mariam Naficy went from makeup to Minted.com". San Francisco Chronicle.
  7. ↑ Marino, Jonathan (3 November 2015). "This Wall Street bank is minting startup founders". Business Insider. Retrieved 18 February 2023.
  8. ↑ "Minted: Mariam Naficy". NPR. 9 December 2019. Retrieved 18 February 2023.
  9. ↑ Bloom, David (2002-07-24). "Movielink adds to exec ranks". Variety. Retrieved 2023-03-29.
  10. ↑ "Mariam Naficy: Tech Startup Minted.com Crowdsources Artwork". Stanford Graduate School of Business.
  11. ↑ "Mariam Naficy: The Money Episode | Masters of Scale podcast — WaitWhat". WaitWhat. Retrieved 2018-03-19.
  12. ↑ This Founder Almost Shut Down Her Design Business After Year 1. Now It Has 400 Employees and a 9-Figure Revenue, Inc.com, 2019
  13. ↑ Funding For Female Founders Stalled at 2.2% of VC Dollars in 2018, Fortune, 2019
  14. ↑ Earl G. Graves, Ltd. (June 1998). Black Enterprise. Earl G. Graves, Ltd. pp.  1–. ISSN   0006-4165.
  15. ↑ Parents, Entrepreneur, 9 May 2014
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