Adam Nash (executive)

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Adam Nash
Alma materStanford University, Harvard Business School
Occupation(s)CEO and co-founder of Daffy,

Former Vice President of Product & Growth of Dropbox, Board of Directors, Acorns

Former President and CEO of Wealthfront

Adam Nash is the CEO and co-founder of Daffy,[1] a new fintech platform focused on charitable giving. Nash has been influential in fintech most notably as a serial angel investor, advisor, and board member in over 100 companies such as Acorns, Gusto, Figma, and Opendoor. His investments are geared towards making financial tools more accessible to the public via tech-enabled products. Nash’s interest in democratizing access to technology and its communities extends through his non-profit work starting in 2011 with Oshman Family JCC and most recently as the co-Chairman of ICON,  a non-profit organization.

Nash currently serves as an adjunct lecturer at Stanford University. He was the Vice President of Product & Growth for Dropbox[2] from 2018 to February of 2020. Nash was previously the President and CEO of Wealthfront from January 2014 to October 2016.[3] He served as an executive in residence at Greylock Partners, vice president of product management at LinkedIn, director at eBay and held strategic and technical roles at Atlas Venture, Preview Systems and Apple.[4][5][6]

Nash holds a bachelor's and master's degree in computer science from Stanford University and an MBA from Harvard Business School.

Early life[edit]

Adam Nash was born and raised in Silicon Valley. During high school Nash did speech and debate and was state-ranked in California for Impromptu speaking.[7] In 1990, he did an internship at NASA Ames Research Center where he worked on fluid-dynamics simulations in software. Nash graduated from Stanford University with a bachelor's and master's degree in computer science with a focus on human computer interaction.

Career[edit]

After college, Nash began working as a software engineer on the WebObjects team, originally a part of NeXT, a computer company acquired by Apple.[7] After working for Apple, Nash began working for a start-up company called Preview Systems, and began his MBA at Harvard Business School in 1999.[7] After business school Nash worked in venture capital for two years, before becoming a product manager for eBay. He eventually became the Director of eBay Express, a website that focused on fixed-price products.[6]

Nash continued his career in product management as vice president of product management at LinkedIn in 2007.[6] He originally led LinkedIn's core product and user experience team, and then led LinkedIn's platform and mobile products, including the open developer platform and their native applications and mobile web experiences.[6] He founded LinkedIn Hackdays, a seminal program aimed at driving the innovation culture at the company.[6] He left LinkedIn to join Greylock Partners in October 2011 as an executive in residence, where he advised the leadership teams of the firm's consumer technology companies and evaluated new investment opportunities.[6]

In January 2013, Nash joined Wealthfront, an automated investment service, as COO.[4] At the time, Wealthfront had less than $100M in client assets under management.[4] Nash became CEO of Wealthfront in January 2014, staying with the company through December 2016.

In September 2017, Nash became an adjunct lecturer in the Computer Science department at Stanford University, teaching the original seminar, "CS 007: Introduction to Personal Finance".[8][9] In 2018, he joined Dropbox as Vice President of Product & Growth.[2] Nash left Dropbox in February of 2020 to focus on building a new company combining his fintech expertise with his non-profit interests with co-founder Alejandro Crosa.[1]

In September 2021, Nash launched Daffy, the Donor-Advised Fund for You, a not-for-profit community built around a new, modern platform for giving.[1]

Investor[edit]

Nash has been heavily involved as an investor in consumer software, marketplaces, and fintech for the past ten years. He began his advisory roles in 2010 as a mentor at 500 Startups. He was also a mentor at MuckerLab from 2011 to 2014. Nash was an advisor to Marin Software and Covexum and currently advises LoanSnap, Bitwise Asset Management, Raisin GmbH, and Gusto. Nash previously served as a member of the Board of Directors in an observer capacity at Wrapp and PullString, and currently serves on the Board of Directors for Acorns[10] (has filed to go public[11]) and Shift[12] (public in 2020[13]).

Along with advisory and board positions, Nash has invested in over 100 private startups, primarily at the seed stage. His investment philosophy is informed by his career in product and he has historically backed founders building differentiated user experiences. Past investments include Firebase (sold to Google), Sunrise (sold to Microsoft[14]), Gusto, Figma, and Opendoor (IPO in 2020), PullString (sold to Apple[15]), Kabbage (sold to American Express[16]), Bitwise, PeerStreet, and Alto IRA. A full list of his portfolio companies can be found on AngelList.

Non-Profit Work[edit]

Nash has been heavily involved in non-profit organizations since 2011. He served for six years on the Board of Directors for Oshman Family JCC, a hub for the Silicon Valley Jewish community aimed at creating inclusive and meaningful experiences to incorporate innovation into modern life. Operationally, the organization manages a $300M facility with over 200 employees and an annual budget of over $30M.

Personal life[edit]

Nash is the oldest of four siblings. His father is an OB/GYN and his mother serves as Clinical Faculty with the Psychology Department at Stanford University.[7] He was born and raised in Silicon Valley where he lives with his wife and four children.[6]

References[edit]

  1. ^ a b c "Technology Veteran and Longtime Investor Adam Nash Reinvents Charitable Giving With the Launch of Daffy, the Donor-Advised Fund for You". www.businesswire.com. 2021-09-30. Retrieved 2021-10-08.
  2. ^ a b "Dropbox hires a new VP of product and VP of product marketing". TechCrunch. Retrieved 2021-10-08.
  3. ^ "Wealthfront moves Nash from COO to CEO". www.bizjournals.com. Retrieved 2021-10-08.
  4. ^ a b c "Former Greylock EIR And LinkedIn Product VP Adam Nash Joins Financial Planning Startup Wealthfront As COO". TechCrunch. Retrieved 2021-10-08.
  5. ^ Administrator (2014-06-04). "E445: Wealthfront automatically manages your money for you". This Week In Startups. Retrieved 2021-10-08.
  6. ^ a b c d e f g "Greylock Partners - Adam Nash". 2014-08-22. Archived from the original on 2014-08-22. Retrieved 2021-10-08.
  7. ^ a b c d Bryant, Adam (2014-06-12). "Teaching All Employees to Keep Score". The New York Times. ISSN 0362-4331. Retrieved 2021-10-08.
  8. ^ "Stanford University Explore Courses". explorecourses.stanford.edu. Retrieved 2021-10-08.
  9. ^ "CS 007: Personal Finance for Engineers". CS 007: Personal Finance for Engineers. Retrieved 2021-10-08.
  10. ^ Acorns. "Acorns Adds Powerhouse Veterans to Board in Wake of Record Growth". www.prnewswire.com (Press release). Retrieved 2021-10-08.
  11. ^ "Daily Crunch: Saving-investing app Acorns files to go public in $2.2B SPAC deal". TechCrunch. Retrieved 2021-10-08.
  12. ^ Shift. "Shift to Add Three Senior Executives with Finance, Product, and Marketing Experience at leading companies to its Board of Directors". www.prnewswire.com (Press release). Retrieved 2021-10-08.
  13. ^ "Shift goes public amid online surge". Automotive News. 2020-10-16. Retrieved 2021-10-08.
  14. ^ "Microsoft Is Acquiring Calendar App Sunrise For North Of $100 Million". TechCrunch. Retrieved 2021-10-08.
  15. ^ "Apple acquires talking Barbie voicetech startup PullString". TechCrunch. Retrieved 2021-10-08.
  16. ^ "Amex acquires SoftBank-backed Kabbage after tough 2020 for the SMB lender". TechCrunch. Retrieved 2021-10-08.