Farhad Mohit
Founder of Gifted Savings
Los Angeles Metropolitan Area
Overview
Work Experience
Founder
2019 - Current
Power and money have corrupted both major U.S. political parties. It's time to put technology and talent to work on a truly Good alternative. We have a plan, but need some good people... DM me to learn more!
Founder
2022
The purpose of Gifted Savings is to allow deliberate acts of kindness at a city-wide scale. We believe that wealth inequality and poverty are driving many other problems in our society, and that those lucky enough to have excess wealth will want to be part of the solution, if they are given a simple, efficient and rewarding way to share their good fortune with their fellow Americans.
Gifted Savings is a Non-profit Organizations.
Investor / Advisor
2010
I help, only when asked.
AngelList is a U.S. website for startups, angel investors, and job-seekers looking to work at startups.
Raised $170,200,000.00 from Beyond Capital, FJ Labs, Nomad Ventures, Kyle Tibbitts, Angel Collective Opportunity Fund, Sprint Vc, Ride Home Fund, Palumni VC, Vishal Rao and Tiger Global Management.
Investor / Advisor
2012
Columbia Care manufactures medical and adult-use cannabis products and related services.
Raised $530,609,747.00 from NewLake Capital Partners.
Founder and CEO
2013 - 2017
Flipagram (now TikTok) was a pioneer in short-form music video and the first to negotiate world-wide music rights with all major music labels to allow anyone, anywhere to use any music they like with their personal media. With 300M+ downloads in <3 years, Flipagram was one of the fastest growing apps of all time when it was acquired in 2017 by ByteDance who combined it with another acquisition Musical.ly to create TikTok. So, you could say that Flipagram saved the world from muzak in short social videos, and we also paved the way for popular short-video music apps like TikTok.
Flipagram allows users to create and share compelling, visual stories with the music they love.
Raised $70,000,000.00 from Index Ventures, Kleiner Perkins and Sequoia Capital.
Founder & CEO
2007 - 2013
Flipagram (formerly Cheerful inc.), builds services that allow people to take charge and shape a better reality for themselves. The company has three main services in production: 1) Flipagram (http://flipagram.com) makes it easy to create and share beautiful short video stories comprised of your photos, set to music you love. #flipagram is personal photo music video -- the most interesting and creative use of the popular short / micro video format. 2) Cheers (http://chee.rs) dubbed the "like button" for the world around you - is a fun, social way to express love and appreciation for anyone, anything, anywhere. 3) Gripe (http://gri.pe) is a much better Better Business Bureau of the age of social, letting consumers non-anonymously share complaints (always with a desired resolution included) through their social network, ensuring quick spread and equitable resolution. 4) DotSpots: The wisdom of crowds... everywhere. This didn't work out as planned. :)
Founder, Chairman & CPO
2000 - 2007
Responsible at various times for Product, Stategy, Site Operations, SEM, R&D, Marketing, PR and all strategic negotiations, including our $565MM sale to E.W. Scripps.
Connexity is a digital advertising company that works with merchants to determine which product offerings to put on publishers’ websites.
Raised $5,000,000.00 from Persistence Partners, Bonfire Ventures, Rincon Venture Partners, Wavemaker Partners and Persistence Partners.
Founder, Chairman & CEO
1996 - 2007
Led the company from start-up through three rounds of venture funding, raising $77MM and setting the stage to take the company to profitablility.
Education
MBA
1994 - 1996
Double Major BS
1986 - 1991