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.
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.
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.
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.
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.