CLASS OF 2015
Andy Fang and Stanley Tang THEN:
Computer science students at Stanford, they met recent graduate Tony Xu in 2012. Soon after, they developed the app DoorDash to help restaurants capitalize on digital ordering.
NOW:
After one of the hottest IPOs of 2020, the delivery giant, which spent more than $10 billion on acquisitions in 2021, is valued at $84 billion. Fang, chief technology officer, and Tang, chief product officer, each hold 4% of company stock and are worth $3 billion each.
Apoorva Mehta THEN:
A former Amazon engineer, Mehta started Instacart in 2012 after 20 failed startup ideas. In the early days, he did most of the shopping himself and made deliveries via Uber.
NOW:
The app delivers goods from 65,000 stores in more than 5,500 U.S. cities. The privately held company is worth $39 billion, and Mehta, its executive chairman, is worth $3.5 billion.
Zach Perret THEN:
Plaid, which Perret cofounded with William Hockey two years earlier and whose software lets companies connect to consumers’ bank accounts, had $2.8 million in funding and a handful of customers including Venmo.
NOW:
In April 2021, Plaid raised money at a $13.4 billion valuation, making Perret, who is CEO, a billionaire. It has 5,500 customers ranging from Robinhood to Google.
Emily Weiss THEN:
Founder of successful beauty blog Into the Gloss, Weiss raised $2 million to launch directtoconsumer beauty line Glossier in 2014.
NOW:
Glossier, which sells balms, makeup, skin care products and fragrances, has raised $266 million and is worth $1.8 billion. It’s about to open its first flagship store in Los Angeles.