“IF YOU CAN BELIEVE IT, THE MIND CAN ACHIEVE IT.”
KARL JACOB – LOTT IMPACT TROPHY BOARD OF DIRECTORS
Karl Jacob is a seven-time entrepreneur who has been building, advising and investing in companies for the last 19 years. Jacob is currently the CEO and Founder of Hangtime, building a way for consumers to see their friends’ social plans. Jacob raised over $200 million from prestigious investors including Microsoft, eBay, Integral Partners, Norwest Ventures, Greylock, Benchmark Capital, FT Ventures, Ignition Partners and Vulcan Ventures. He started four companies taking them from no revenue to positive outcomes. One of his companies, Dimension X, was acquired by Microsoft in 1997 and Keen/Ingenio, was acquired by AT&T in 2007.
His other two companies Coveroo and Cloudmark are profitable and generating substantial revenue. While CEO, Jacob has generated over $300 million in returns to investors and over $150 million in revenue per year. He was one of the first advisors at Facebook and currently advises several companies. He holds a B.S. in Computer Science from University of Southern California Engineering School where he sits on the board of counselors. Jacob is a prolific angel investor whose investments include Path, Healthtap, Skillshare, Badgeville and many others. Hangtime, the company intent on upgrading your social life, launched the first and only app that lets you see what your friends are doing in the future, eliminating the millions of missed opportunities to be with friends. With Hangtime, individuals can easily see friends’ social future—from concerts to poetry readings and more—so they can find new ways to hang out together. Hangtime is available on Facebook, and iPhone, Android and other mobile devices. Hangtime gives users plenty of time to discover friends’ plans and join in activities that interest them most.