John Zimmer

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John Zimmer is the co-founder and former president of Lyft, an on-demand transportation company,[1] which he founded with Logan Green in 2012.[2]

In March 2023, Zimmer announced that in June he would step down as Lyft president and become vice-chair of the board of directors.[3]

Early life and education

Zimmer grew up in Greenwich, Connecticut.[4] In 2006, Zimmer graduated from Cornell University School of Hotel Administration where he was a member of Sigma Pi fraternity, Mu chapter.[5] After graduation, Zimmer worked as an analyst in real estate finance at Lehman Brothers in New York City.

Zimmer left Lehman Brothers three months before it declared bankruptcy.[6] In 2007, while Zimmer was working at Lehman Brothers, he and Logan Green founded Zimride, a ridesharing platform across college campuses.[7]

Zimride

While at Cornell, Zimmer was inspired to develop a rideshare program by filling the empty seats he had during his rides home over school breaks.[8] Logan Green had also been thinking along those lines and had started "Zimride".[9][10] Zimride launched the first version of its rideshare program at Cornell University where, after six months, the service had signed up 20% of the student body.[11][12] Later in 2007, Zimride was active on both the Cornell and UCSB campuses.[13]

Zimmer quit his job at Lehman Brothers to work with Green full-time on Zimride.[11] Green and Zimmer focused the service on carpooling between connected users and making carpooling fun and interesting.[14] By April 2012, the company was renamed Lyft and had raised $7.5 million in funding and was active at over 125 universities.[9][10][15]

Lyft

After leaving his job at Lehman Brothers, Zimmer moved to Silicon Valley with Green to work on Zimride full-time.[16] Lyft was launched in the summer of 2012 as a service of Zimride,[17][18] before Zimmer and Green officially changed the name of the company from Zimride to Lyft. Zimmer did not take a salary during the first three years of Lyft's operation, and he and Green worked on the company out of an apartment they shared.[16]

Personal life

Zimmer is married. He met his wife while studying abroad in Seville, Spain;[19] they have a daughter.[20]

References

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  1. ↑ Script error: No such module "citation/CS1".
  2. ↑ Lawler, Ryan. Lyft-Off: Zimride's Long Road To Overnight Success. TechCrunch. August 29, 2014.
  3. ↑ Lyft's Co-Founders to Step Down as Company Struggles
  4. ↑ Script error: No such module "citation/CS1".
  5. ↑ Script error: No such module "Citation/CS1".
  6. ↑ Script error: No such module "citation/CS1".
  7. ↑ Script error: No such module "citation/CS1".
  8. ↑ Shaughnessy, Haydn. How to Win Friends AND Cut your Travel Costs. Forbes. November 18, 2011.
  9. ↑ a b Cohen, Deborah. Former Lehman's banker drives startup Zimride. Reuters. September 15, 2010.
  10. ↑ a b Shah, Semil. Why Zimride's John Zimmer Left Wall Street to Start a Company. TechCrunch. April 19, 2012.
  11. ↑ a b Sullivan, Colin. Startup Bets that Social Networking Will Spur Carpool Craze. New York Times. July 29, 2009.
  12. ↑ Schomer, Stephanie. Zimride: Carpooling for College Students Template:Webarchive. Fast Company. January 5, 2011.
  13. ↑ Booking a ride in someone else's car. Smart Planet. April 9, 2012.
  14. ↑ Kwan, Connie. Zimride's John Zimmer. Triple Pundit. November 1, 2010.
  15. ↑ Takahashi, Dean. Zimride raises $6M for ride-sharing car service. VentureBeat. September 21, 2011.
  16. ↑ a b Script error: No such module "citation/CS1".
  17. ↑ Script error: No such module "citation/CS1".
  18. ↑ Script error: No such module "citation/CS1".
  19. ↑ Script error: No such module "citation/CS1".
  20. ↑ Script error: No such module "citation/CS1".

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External links

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