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Mariam Naficy

Chief Executive Officer at Arcade

San Francisco, California

Overview 

Mariam Naficy is the Co-Founder and CEO of Arcade, and the Managing Partner at Heretic Ventures in San Francisco, California. With a successful track record in e-commerce and entrepreneurship, Mariam has founded and led multiple companies, including Minted, and has served on the board of directors for prominent organizations like Yelp and Victoria's Secret. She has invested in various successful companies such as Reddit and Gusto, demonstrating her expertise in strategic partnerships and venture capital.

Work Experience 

  • Chief Executive Officer

    2023 - Current

  • Founder and Managing Partner, Heretic Ventures

    2021

    Heretic Ventures is a San Francisco-based venture studio ideating and launching new businesses in the creator economy. The remainder of its Fund I is focused on consumer AI businesses.

Heretic Ventures is a venture studio that founds new businesses in the creator economy, including blockchain and NFT businesses.

  • Founder and Executive Chairman

    2023

  • Founder and Co-CEO

    2021 - 2023

  • Founder and CEO

    2007 - 2021

    Founded and scaled Minted.com, the leading creative goods marketplace. - Scaled management and team - Created corporate, product and marketing strategy to drive the business from $0 to several hundred million dollars in revenue and a company whose products have reached over 80 million US households. - Built community of 20,000 independent artists from all over the world; Minted sells the best designs to customers in the form of stationery and fine art.

Minted is a design marketplace that connects users with artists to help them create something one-of-a-kind.

Raised $297,100,000.00 from T. Rowe Price and Permira.

  • Member, Board of Directors

    2022

  • Member, Board Of Directors

    2021

Medium is a social publishing network that connects ideas and perspectives on topics that matter.

Raised $162,967,569.00 from Andreessen Horowitz, Spark Capital and Google Ventures.

  • Member Board Of Directors

    2014 - 2020

Yelp is an online platform that connects people with great local businesses through user-generated reviews and recommendations.

Raised $56,000,000.00 from Elevation Partners.

  • Member, Board of Directors

    2008 - 2013

Polyvore is a new way to discover and shop for the things you love.

Raised $22,100,000.00 from DAG Ventures, Matrix, Vivi Nevo and Goldman Sachs.

  • Vice-President and General Manager, US E-Commerce, and Global Head of E-Commerce Development

    2003 - 2007

    Launched The Body Shop's first-ever E-Commerce business in 2004, building team, process, and infrastructure from the ground up. Managed the E-Commerce division and P&L from 2004-2007. Grew the business to 6% of overall company sales while achieving profitability within the first 12 months of launch. Promoted in December 2005 to role of Global Head, E-Commerce Development to define global E-Commerce strategy, in addition to retaining GM role in the U.S.

  • VP, Marketing and Product Development

    2002 - 2003

  • Founder and co-CEO

    1998 - 2000

    Founded Company, raised $28 million in financing, co-led Company. Co-managed staff of 125 people, with direct responsibility for Marketing, Business Development, Product Management, and Technology groups. As acting VP Marketing throughout the company's existence, created the company's brand positioning and marketing and communication strategies. Eve.com was a leading online retailer of cosmetics, accessories, and jewelry, carrying over 250 cosmetics brands. Company became the first retailer to convince a critical mass of high-end cosmetics brands to sell their products online. Eve.com had the largest market share in online cosmetics space until its purchase by Idealab in 2000 in a competitive sale process.

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