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John Witchel

From Wikipedia, the free encyclopedia
American entrepreneur, co-founder of Prosper Marketplace
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John Witchel
Personal details
Born
Alma materStanford University (BA)
OccupationCo-founder and CEO of King Energy

John Witchel is an American entrepreneur, NCAA and Pac-10 swimming champion (both as a team member and individually), two-timePan American Games gold medal winner, and two-timeGoodwill Games gold medal winner.[1] He was the co-founder and CTO ofProsper Marketplace, America's first peer-to-peer lending marketplace, and the co-creatorflash mob computing. He is the co-founder and current CEO of King Energy.

Early life and education

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John Witchel was born inNew York City. He attendedColumbia Grammar & Preparatory School, and graduated fromStuyvesant High School in 1986. He earned a B.A. in Political Science fromStanford University in 1990, and an M.S. in Computer Science fromUniversity of San Francisco in 2004.

An accomplished competitive swimmer, Witchel was a member of the U.S. National Swimming Team from 1985 through 1990, competing for the United States in theGoodwill Games (1986), thePan American Games (1987), and thePan Pacific Swimming Championships (1989).[2] He won the Pac-10 Swimming Championships 200 Freestyle three times as an individual.[3] He was a member of the Stanford University1987 NCAA Swimming Championship team and won the 500 Freestyle in 1988 at theNCAA Division I Championships.[3]

Witchel competed at the1989 Maccabiah Games in Israel, winning a silver medal in the 200 m freestyle.[4]

Career

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XCom Corp

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Witchel founded XCom Corp in September 1994 as an early web development shop in San Francisco, California. XCom was acquired byUSWeb in 1996 prior to going public in 1997.[5]

Prosper Marketplace

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Witchel co-foundedProsper Marketplace in 2004 withChris Larsen. He was the Chief Technology Officer and lead architect of the system. Prosper was the first peer-to-peer lending marketplace which allowed individuals to lend and borrow money directly from each other using a Dutch auction-like system. Witchel left the company prior to the 2008 SEC cease and desist order against Prosper.

Common Assets

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In 2014, Witchel co-founded Common Assets as the Chief Technology Officer; it was acquired bySolarCity.[6] Common Assets was the underlying infrastructure for SolarCity's Solar Bond program. SolarCity's Solar Bonds were the first such product to be nationally registered. After theTesla acquisition of SolarCity, Tesla discharged most of its solar bonds ahead of the maturity date, paying back all the principal with interest for the life of the bond.[7]

GitPrime, Inc.

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Witchel helped launchGitPrime, an early software engineering analytics company, acquired byPluralsight in 2019.[8] Initially as the first investor and board member, and then as president, Witchel was responsible for strategy and product design.

Board work

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Witchel was a board member and early investor in Shopatron from 2010 to 2015 (acquired byVista Equity Partners) and UserTesting from 2012 to 2019. He is currently a board member of Wunder Capital, aBoulder, Colorado-based commercial solar financier, and La Plata Electric Association,[9] a member-owned, not-for-profit, electric distribution cooperative in Southwest Colorado. He was previously an advisor toCredit Karma[10] and CrowdStreet.[11]

See also

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References

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  1. ^Brantley, Duncan (July 14, 1986)."A ROUNDUP OF THE WEEK JUNE 30-JULY 6". Sports Illustrated. Retrieved4 January 2021.
  2. ^"1989 Pan Pacific Championships Roster"(PDF).USA Swimming. Retrieved5 January 2021.
  3. ^abNiall, Adler."Stanford Swimming Media Guide"(PDF).GoStanford. Stanford Athletics Media Relations. Retrieved5 January 2021.
  4. ^"Jewish Post 9 August 1989 — Hoosier State Chronicles: Indiana's Digital Historic Newspaper Program".newspapers.library.in.gov.
  5. ^"Amended S-4/A Registration".US Securities and Exchange Commission. Retrieved5 January 2021.
  6. ^Katje, Chris."SolarCity's Acquisition Of Common Assets Is A Game Changer".Seeking Alpha. Retrieved5 January 2021.
  7. ^Konrad, Tom."How do SolarCity's new bonds stack up against other green investments?".The Guardian. Retrieved5 January 2021.
  8. ^Kumparak, Greg."Pluralsight will acquire GitPrime for $170M".Techcrunch. Retrieved5 January 2021.
  9. ^Armijo, Patrick."Former GitPrime executive will join electric co-op's board".Durango Herald.
  10. ^"Credit Karma Alumni".Dealroom.co. Retrieved5 January 2021.
  11. ^Hobey, Erin."CrowdStreet's Big Curb Appeal".Crowdfund Insider. Retrieved5 January 2021.
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