Andy Fang Explained

Andy Fang
Nationality:American
Known For:Co-founding DoorDash
Alma Mater:Stanford University

Andy Fang (born 1992) is an American billionaire tech entrepreneur. He is best known as the co-founder and Chief Technology Officer at DoorDash,[1] [2] which he started along with Stanley Tang, Tony Xu and Evan Moore in 2013.[3]

DoorDash was conceived and initiated in 2013 as a class project for a joint Engineering and Business school class. Initially named PaloAltoDelivery.com, the founders perceived that most local small businesses had not solved how to deliver food. Fang says "when you tried to get food delivered in Palo Alto, back in 2013, it was really only Domino's and the local Chinese restaurant." DoorDash had its IPO in December 2020,[4] [5] making Fang's net worth an estimated $2.2 billion as of December 2020.[6]

Personal life and education

Fang is the child of immigrants from Taiwan.[7] He grew up in the San Francisco Bay Area where he attended The Harker School, graduating in 2010.[8] Fang has a bachelor's degree in Computer Science from Stanford University.[9]

Notes and References

  1. Levy. Steven. 2015-11-09. DoorDash Wants to Own the Last Mile. 2021-01-24. Wired. en-US.
  2. Web site: Goldhouse A100: Tony Xu, Andy Fang, Stanley Tang. 2021-01-24. Goldhouse. en-US.
  3. Web site: Manfredi. Lucas. 2020-12-09. DoorDash IPO turns CEO Tony Xu, co-founders Andy Fang, Stanley Tang into billionaires. 2021-01-09. FOXBusiness. en-US.
  4. News: Deagon . Brian . December 9, 2020 . Shares Of DoorDash IPO Jump By Double Digits As Trading Begins. en-US. Investor's Business Daily . 2021-01-23.
  5. News: Maloney. Tom. 2020-12-09. DoorDash Trio Worth Up to $2.8 Billion Each as IPO Soars. Bloomberg. en-US. 2021-01-23.
  6. Web site: Sorvino. Chloe. DoorDash IPO Delivers Three Billionaires As Wall Street Ignores A Menu Of Losses. 2021-01-23. Forbes. en.
  7. Chen . Joanne . July 31, 2022 . American Dreamers: Andy Fang, Co-Founder Of DoorDash, On How A Class Project Turned Into A Massive Food-Delivery Service In America . 2024-03-24 . Forbes . en.
  8. Web site: Dashing through life: DoorDash founder Andy Fang '10 – an alumni profile from Harker Magazine. Bowes-Mokurl. Vikki. 2018-12-20. 2021-01-24. Harker Magazine. en-US.
  9. Web site: 2015 30 Under 30: Consumer Technology. 2021-01-22. Forbes. en.

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