Jay Gould (entrepreneur)

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Jay Gould (born 1 April 1979)[1] is an American tech entrepreneur and the founder & CEO of Yashi.[2] Gould is also an active angel investor in web-based startups, such as DogVacay,[3] Tout (company), Buffer (application), and Fitocracy.[4]

Education

Gould graduated from Rowan University in 2001, where he earned a bachelor's degree in Law & Justice.[5]

Career

In December 2005, Gould sold his first business to Bolt Media for an undisclosed amount[6] and joined Bolt as its President. At the time of the sale, Gould's websites had 3.3 million U.S. unique visitors, according to comScore Media Metrics.[1]

While under Gould’s management, Bolt’s revenue grew to $7 million annually, 5.3 million monthly U.S. visitors to their website,[7] culminating in signing a definitive agreement to sell the company for up to $30 million.[8][9][10] Just prior to signing the $30 million definitive agreement, Universal Music Group filed a highly publicized lawsuit against Bolt, MySpace and others for alleged copyright infringement.[11] Bolt was ultimately unable to reach a settlement with Universal Music, which resulted in the termination of Bolt’s $30 million acquisition, eventually leading Bolt to file an assignment for the benefit of creditors.[12][13]

During Gould’s tenure at Bolt, he co-founded WikiYou, which raised $500,000 from investors, including Mayfield Fund, First Round Capital, and LinkedIn co-founder Reid Hoffman.[14]

Gould later founded GamersMedia, the first vertical-advertising network to bring brand advertisers to casual-gaming websites, which at its launch had over 20 million unique visitors across 40 sites.[15][16][17] GamersMedia was later rebranded as Yashi,[18] and today is an award winning advertising technology company that has been named to Inc. Magazine's Inc. 5000 list of the Fastest-Growing Private Companies in America for three consecutive years in 2012, 2013, and 2014,[19] as well as numerous other awards including Deloitte's Technology Fast 500,[20] Red Herring[21] NJBIZ 50 Fastest Growing Companies in New Jersey,[22] as well as a Stevie Award for Company of the Year.[23] On February 2, 2015, Yashi was acquired by Nexstar Broadcasting Group for $33 million.[24]

Gould was named an Ernst & Young Entrepreneur of the Year™ Award finalist in 2014.[25] Other accolades include a Stevie Award for Executive of the Year in the American Business Awards[23] and an NJBIZ Forty under 40 Award.[26]

Investments

Gould has actively been involved with helping entrepreneurs acquire capital and expertise for their startup ventures.[27] He is an active angel investor, with sizable contributions to companies such as Buffer,[28] CapLinked, Tout, iDoneThis, Fitocracy, Cadee, and others.[29] In March 2012, Gould was part of a $1 million funding initiative for DogVacay, an online marketplace for residential dog boarding.[29]

In addition to startup capital, Gould also contributes his knowledge and expertise to entrepreneurs. He is a member of the Rowan University Entrepreneurship Program Advisor Council (ENTAC). In April 2010, he returned to his alma mater to serve as a judge for the Rowan University Elevator Pitch Contest.[30]

Foundville

In October 2011, Gould launched foundville.com, a video podcast site featuring interviews with successful Internet entrepreneurs. Gould has interviewed founders of well-known companies such as HotOrNot,[31] RockYou,[32] Adify,[33] Mochi Media,[34] Eric M. Jackson's CapLinked,[35] The Receivables Exchange,[36] Wikia,[37] SitePoint,[38] and others.

Awards and recognition

  • On 20 September 2010, Gould was honored as a recipient of the NJBIZ Forty under 40 Award. The award recognizes up-and-coming businesspersons based in the New Jersey-New York area.[26]
  • In November 2012 NJBIZ named Gould's company, Yashi, as one of the 50 Fastest Growing Companies in New Jersey. The company's success was determined by evaluating growth during a four-year period.[39]
  • Gould's company Yashi has been named to Inc Magazine's list of fastest-growing companies in America in 2012, 2013 and 2014 having been ranked #903, #1,093 and #1,151 respectively.[40]
  • In 2014, Gould was named an Ernst & Young Entrepreneur Of The Year™ Award finalist in New Jersey.[25]
  • Gould's company, Yashi, was named a winner of the Red Herring 2014 Top 100 Award for North America. The award honors the year’s most promising private technology businesses based in North America.[21]
  • In 2014, Gould was named as a Silver Stevie Winner for Executive of the Year in the American Business Awards. His company, Yashi, was also named a Bronze Stevie Winner for Company of the Year.[23]
  • In 2014, Gould's company, Yashi, was named to Deloitte's Fast 500 List of Fastest Growing Companies in North America.[20]

References

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  21. ↑ 21.0 21.1 "2014 Red Herring North America: Winners", Red Herring, 27 May 2014. Retrieved 18 December 2014.
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  23. ↑ 23.0 23.1 23.2 "2014 Company/ Organization Awards Categories Stevie® Award Winners", The American Business Awards, 3 June 2014. Retrieved 18 December 2014.
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  25. ↑ 25.0 25.1 "Congratulations to the 2014 finalists for the EY Entrepreneur Of The Year Awards in New Jersey.", Ernst & Young, 22 May 2014. Retrieved 18 December 2014.
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