Bob Kagle
Encyclopedia
Robert Kagle is a Director at eBay
and a partner at Benchmark Capital
, a Silicon Valley
venture capital
firm. In addition to eBay, Kagle sits on the Board of Directors for several companies including: E-Loan
, Jamba Juice
, Logoworks
, Mint.com
, Prosper
, uShip
, and ZipRealty
.
Kagle's investment in eBay is seen as his first—and biggest—success. Benchmark Capital's $6.7 million investment in eBay "holds the record for the best performing Silicon Valley investment ever: by the spring of 1999, this stake was worth $5 billion". Kagle's share was $170 million, and he has served as a director for eBay since 1997.
Kagle was born and raised by his mother in Flint, Michigan. Kagle began his business career working at General Motors
, and received a B.S. in Electrical and Mechanical Engineering from General Motors Institute (renamed Kettering University
) in 1978. He received his M.B.A. from Stanford Graduate School of Business
in 1980.
Before his work at Benchmark Capital, Kagle was a partner at Technology Venture Investors. Prior to his 12 years at TVI, Kagle worked for the Boston Consulting Group.
EBay
eBay Inc. is an American internet consumer-to-consumer corporation that manages eBay.com, an online auction and shopping website in which people and businesses buy and sell a broad variety of goods and services worldwide...
and a partner at Benchmark Capital
Benchmark Capital
Benchmark Capital is a venture capital firm responsible for the early stage funding of some very successful startups. In 1997, the firm invested $6.7 million in eBay, which became worth more than $5 billion by the spring of 1999. Other high-profile investments include Ariba, Juniper Networks, Red...
, a Silicon Valley
Silicon Valley
Silicon Valley is a term which refers to the southern part of the San Francisco Bay Area in Northern California in the United States. The region is home to many of the world's largest technology corporations...
venture capital
Venture capital
Venture capital is financial capital provided to early-stage, high-potential, high risk, growth startup companies. The venture capital fund makes money by owning equity in the companies it invests in, which usually have a novel technology or business model in high technology industries, such as...
firm. In addition to eBay, Kagle sits on the Board of Directors for several companies including: E-Loan
E-Loan
E-Loan, Inc. is a Rosemont, Illinois-based financial services company that offers savings accounts and certificates of deposit and access to partners that may be able to assist customers in obtaining loans....
, Jamba Juice
Jamba Juice
Jamba Juice is a chain of smoothie restaurants, headquartered in Emeryville, California, with over 700 locations operating in 30 states, the Bahamas, Canada, Korea, and the Philippines. Over 500 locations are company-owned, with the remainder being franchised...
, Logoworks
Logoworks
Logoworks by HP is an online graphic design company that provides logo design, brochure design, web design, and advertising services primarily for small businesses...
, Mint.com
Mint.com
Mint.com is a free web-based personal financial management service for the US and Canada created by entrepreneur Aaron Patzer. Mint originally provided account aggregation through a deal with Yodlee, but has since moved to using Intuit for connecting to accounts...
, Prosper
Prosper
Prosper may refer to:In people:* Prosper de Mestre Sydney businessman fom 1818 to 1844* Prosper of Aquitaine, also known as Prosper Tiro, Christian writer and disciple of St Augustine* Prosper of Catenanuova, martyr, patron saint of Catenanuova...
, uShip
UShip
uShip, Inc. is an Internet company that operates uShip.com, a global online marketplace for shipping services. Individuals and businesses list items they need shipped in a variety of categories, such as household pets, boats, or heavy industrial equipment, and transportation service providers place...
, and ZipRealty
ZipRealty
ZipRealty, Inc. is a U.S. real estate company with licensed agents Founded in 1999, the company operates in 35 major markets in 22 states and the District of Columbia. It is incorporated in Delaware and headquartered in Emeryville, California. The company went public in 2004.-See also:*National...
.
Kagle's investment in eBay is seen as his first—and biggest—success. Benchmark Capital's $6.7 million investment in eBay "holds the record for the best performing Silicon Valley investment ever: by the spring of 1999, this stake was worth $5 billion". Kagle's share was $170 million, and he has served as a director for eBay since 1997.
Kagle was born and raised by his mother in Flint, Michigan. Kagle began his business career working at General Motors
General Motors
General Motors Company , commonly known as GM, formerly incorporated as General Motors Corporation, is an American multinational automotive corporation headquartered in Detroit, Michigan and the world's second-largest automaker in 2010...
, and received a B.S. in Electrical and Mechanical Engineering from General Motors Institute (renamed Kettering University
Kettering University
Kettering University is a university in Flint, Michigan, offering degrees in engineering, math, science, and business. The campus is located along the Flint River on property that used to be the main manufacturing location for General Motors...
) in 1978. He received his M.B.A. from Stanford Graduate School of Business
Stanford Graduate School of Business
The Stanford Graduate School of Business is one of the professional schools of Stanford University, in Stanford, California and is broadly regarded as one of the best business schools in the world.The Stanford GSB offers a general management Master of Business Administration degree, the Sloan...
in 1980.
Before his work at Benchmark Capital, Kagle was a partner at Technology Venture Investors. Prior to his 12 years at TVI, Kagle worked for the Boston Consulting Group.