Euwyn Poon

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Euwyn Poon
Euwyn Poon
Euwyn Poon in 2018
Born (1984-12-08) December 8, 1984 (age 34)
Singapore
ResidenceSan Francisco, CA, US
NationalityCanadian
Alma materCornell University, Cornell Law School
OccupationEntrepreneur
Known forSpin
TitleFounder and President

Euwyn Poon is a Singapore-born entrepreneur, lawyer, and investor. He founded Spin,[1][2] a shared electric scooter company based in San Francisco that was acquired by Ford in 2018,[3][4][5] and is the founding partner of venture capital firm Exponent. Poon graduated from Cornell University in 2004 at the age of 18 with a degree in Computer Science and Cornell Law School in 2007.[6] After earning a J.D. from Cornell Law School, he practiced M&A and securities law at Simpson Thacher & Bartlett from 2007 to 2009.

Early Startups[edit]

In 2010, Poon founded Opzi, which received funding from Silicon Valley investors including Y Combinator, First Round Capital, Chris Sacca, and Paul Buchheit, the creator of Gmail.[6] The product later became the software platform behind the First Round Network.[7]

Spin[edit]

In 2017, Poon and co-founders Derrick Ko and Zaizhuang Cheng started Spin, which became the first company to launch a shared micro-mobility solution in the United States when it launched orange-colored bicycles with GPS-enabled locks in Seattle in July.[8] In early 2018, Spin introduced electric scooters to its fleet of shared vehicles, which resulted in rapid growth of the business until its acquisition by Ford in November.[9] Spin currently operates as the micro-mobility unit of Ford as part of Ford Smart Mobility.[10]

References[edit]

  1. ^ Flynn, Kerry (2018-05-21). "How Spin is marketing itself in the scooter wars". Digiday. Archived from the original on 2019-02-14. Retrieved 2019-02-14.
  2. ^ Rapier, Graham. "The CEO of a scooter startup bought by Ford reveals how it's getting a leg up on its rivals". Business Insider. Archived from the original on 2019-04-01. Retrieved 2019-04-01.
  3. ^ "Spin, E-Scooter Startup Born of a 2016 Trip to China, Sells to Ford in Multimillion-Dollar Deal". Inc.com. 2018-11-08. Archived from the original on 2018-11-18. Retrieved 2019-01-21.
  4. ^ "Tech in Asia - Connecting Asia's startup ecosystem". www.techinasia.com. Archived from the original on 2019-02-14. Retrieved 2019-02-14.
  5. ^ "Ford Acquires Scooter Start-up Spin". Cheddar. Archived from the original on 2019-02-14. Retrieved 2019-02-14.
  6. ^ a b Rao, Leena. "Opzi: A Quora For The Enterprise". TechCrunch. Archived from the original on 2019-02-14. Retrieved 2018-01-24.
  7. ^ "Does First Round Capital have the most powerful network in the Valley?". Fortune. Archived from the original on 2018-03-14. Retrieved 2018-01-24.
  8. ^ Lloyd, Sarah Anne (2017-07-17). "Seattle's first dockless bike share is officially here". Curbed Seattle. Archived from the original on 2018-11-23. Retrieved 2019-01-21.
  9. ^ "Ford buying San Francisco-area e-scooter startup Spin". Reuters. 2018-11-08. Archived from the original on 2019-01-12. Retrieved 2019-01-21.
  10. ^ "Cheddar Rides: Hitting the Streets with the Scooter Frenzy". Cheddar. Archived from the original on 2019-04-01. Retrieved 2019-04-01.