Maynard Webb

Maynard G. Webb Jr. (born 1955) is an American business person and is the [2] author of the New York Times bestseller Rebooting Work: Transform How You Work in the Age of Entrepreneurship,[3] and the national bestseller Dear Founder: Letters of Advice for Anyone who Leads, Manages, or Wants to Start a Business. A long-time technology executive and angel investor,[4] Webb is a board member of Salesforce,[5] VISA,[6] and former Chairman of the Board of Directors at Yahoo!.[7][8] Webb founded Webb Investment Network in 2010[9] and is the former CEO of LiveOps and former COO of eBay.[10]

Maynard Webb
Born	1955 (age 64–65)
Education	Bachelor's Degree, Florida Atlantic University
Known for	Author, Rebooting Work: Transform How You Work in the Age of Entrepreneurship (2013)
Title	Chairman of Yahoo![1] Founder of Webb Investment

Education and career

Webb received his Bachelor's Degree in criminal justice from Florida Atlantic University.[11] After graduation, he took a security guard job at IBM.[12] He later held management and leadership positions at Bay Networks, Quantum Corporation, and Thomas-Conrad Corporation and was Senior Vice President and Chief Information Officer at Gateway, Inc.

From 1999 to 2006, Webb held various titles at eBay, including President of Technology and Chief Operating Officer.[10][13] During his tenure, eBay grew from $140 million in revenue to over $4.5 billion in 2005 as the employee base expanded from 250 to more than 12,000.[14] Webb served as CEO of LiveOps from 2006 to 2011, a cloud-based call center services company.[13] During that time, LiveOps was named one of Forbes’ Ten Hot Start-Ups (2009),[15] expanded into the enterprise market, generated more capital than it had originally raised, and expanded its board with executives from Symantec, Hewlett-Packard, PeopleSoft, and eBay.[16]

Writing

With Carlye Adler, Webb authored a New York Times best-selling[2] book entitled Rebooting Work: Transform How You Work in the Age of Entrepreneurship, which was published in January 2013.[3] The book focuses on how work models developed a century ago are out of sync today, identifies four mindsets about work, and explains how to leverage technology to change how we work.[3] Over the years, Webb has blogged about entrepreneurship and work in the Internet economy.[11] Webb's second book, Dear Founder: Letters of Advice for Anyone Who Leads, Manages, or Wants to Start a Business, with a Foreword by Howard Schultz, former executive chairman and CEO of Starbucks, was published by St. Martin's Press on September 11, 2018.[17]

Investments

Webb is a long-time angel investor who has helped fund such companies as Okta, Zuora, Rypple, GOAT, Hipmunk, PagerDuty, Turo, AppLovin, and Diffbot.[13] In 2010, he founded Webb Investment Network (WIN) for early-stage investing in ecommerce, mobile, cloud computing, and enterprise startups.[4] Startups that WIN funds have access to a network of 89 industry experts from companies such as Google, PayPal, Oracle, and Hewlett-Packard.[4][9] The network was built from Webb’s business connections.[4] WIN is considered to be part of a trend of smaller, early-stage funds that are indirectly challenging the traditional venture capital model.[4]

Philanthropy

Webb and his wife Irene founded the Webb Family Foundation in 2004,[12] an organization dedicated to “promoting meritocracy through helping underdogs in society meet their full potential.”[18] Through grants, the foundation has supported disaster relief, youth mentoring, cancer research, education, and other organizations.[19]

References

1. "Archived copy". Archived from the original on 2015-02-17. Retrieved 2015-01-19.CS1 maint: archived copy as title (link)
2. Cowles, Gregory. "The New York Times Best Sellers". Best Seller List. The New York Times. Retrieved 9 February 2013.
3. "Rebooting Work: Transform How You Work in the Age of Entrepreneurship". Book Description. Amazon.com. Retrieved 11 October 2012.
4. Shah, Semil. ""In the Studio," Maynard Webb Pays It Forward With WIN". Opinion. TechCrunch. Retrieved 11 October 2012.
5. "Maynard Webb, Chairman, LiveOps". Board of Directors. Salesforce.com. Archived from the original on 11 October 2012. Retrieved 11 October 2012.
6. "VISA Board of Directors & Advisors". Board of Directors. VISA. Retrieved 4 February 2015.
7. Bryant, Adam (2015). "Maynard Webb, Yahoo's Chairman: Even the Best Teams Can Be Better". The New York Times. ISSN 0362-4331. Retrieved 2017-10-13.
8. "Yahoo Names Webb as Chairman in Mayer's Turnaround Push". Bloomberg.
9. "Maynard Webb". Team. Webb Investment Network. Retrieved 11 October 2012.
10. De La Merced, Michael J. (7 February 2012). "Yahoo Board Shaken Up in a Push for Revival". The New York Times. Retrieved 11 October 2012.
11. "Maynard Webb". Blogger Profile. The Huffington Post. Retrieved 11 October 2012.
12. "About Us". Webb Family Foundation Website. Webb Family Foundation. Retrieved 11 October 2012.
13. "Maynard Webb". CrunchBase. TechCrunch. Retrieved 11 October 2012.
14. Steiner, Ina. "Former eBay COO Maynard Webb Joins LiveOps As CEO". News. eCommerce Bytes. Retrieved 11 October 2012.
15. Caulfield, Brian. "Ten Hot Start-ups". Entrepreneurs. Forbes. Archived from the original on 23 January 2013. Retrieved 11 October 2012.
16. Barry, David. "The $100 Million Revenue Club: LiveOps Checks Off IPO Boxes". VentureWire Series. The Wall Street Journal. Retrieved 11 October 2012.
17. "Dear Founder | Maynard Webb | Macmillan". US Macmillan. Retrieved 2018-07-23.
18. Webb, Maynard (30 July 2010). "The Power of Giving Back: Nothing "Yeah, But" About It". The Blog. The Huffington Post. Retrieved 11 October 2012.
19. "Recent Grants". Webb Family Foundation Website. Webb Family Foundation. Retrieved 11 October 2012.