Nevzat Aydın Explained

Nevzat Aydın
Birth Date:8 March 1976
Occupation:Internet entrepreneur, businessperson, angel investor, mentor
Alma Mater:Boğaziçi University

Nevzat Aydın (born 8 March 1976) is a Turkish internet entrepreneur, angel investor and a mentor. Aydın is the co-founder and former CEO of Yemeksepeti, the leading online food delivery portal in Turkey.[1]

During his lead in 2015, Yemeksepeti was acquired by the German-based Delivery Hero for $589 million (£378 m), which was the biggest valuation ever yet in Turkish internet history. He was among the 150 entrepreneurs invited from all around the world to the Entrepreneurship Summit held by USA President Barack Obama in April 2010.[2] Aydın also was one of the juries/investors in Dragon's Den TV show[3] In 2013 and 2015, Aydın was named number one on Fortune's 40 Under 40 List.[4]

Yemeksepeti career

Professional career of Nevzat Aydın started with Yemeksepeti the first online food ordering company in Turkey, providing the facility to place food orders on-line from an affiliated network of restaurants without charging the user any extra fees.[5] Aydın founded the company with Melih Odemis (chief technology officer), Cem Nufusi (sales director) and Gokhan Akan (chief financial officer), and has been the chief executive officer of the company since then.

When Aydın and the team started the business in 2001, internet penetration was very low in Turkey. Yemeksepeti did not make any profit for the first 5 years, but with a strong focus on customer experience and the convenience of the business model, they managed to convince the users and the restaurants to benefit from the huge potential of internet.

In accordance with the vision of Aydın, Yemeksepeti has continuously integrated most recent technologies and adopted global standards for customer experience. The company started to invest in mobile infrastructures in 2010 and activated Online Credit Card feature in 2013.[6]

On 1 November 2021, Nevzat Aydın resigned from Yemeksepeti.[7]

Investments received by Yemeksepeti

Yemeksepeti had its first round of investment and agreed to be partners with European Founders Fund, in 2008.[8] [9] In 2012, Yemeksepeti announced a $44 million investment led by global growth investor General Atlantic (GA), which acquired a minority stake in the company, and represented GA's first investment in Turkey.[10]

Foreign operations

Yemeksepeti entered the GCC region by launching out Foodonclick.com in The United Arab Emirates in 2009, starting in Dubai then extending to Abu Dhabi and Sharjah in the same year. Before the acquisition by Delivery Hero in 2015, Yemeksepeti was active in 10 countries including United Arab Emirates, Saudi Arabia, Lebanon, Oman, Qatar, Jordan, Greece, Bulgaria and Romania.[11] [12]

Exit and profit share

In May 2015 Yemeksepeti was sold to the German-based Delivery Hero for $589 million (£378 m). It was yet the biggest internet acquisition of the Region. Founder Aydin paid out $27 million to 114 workers as a profit-sharing bonus. The bonus decision received international coverage by prominent news channels such as Time, CNN, Independent, with the Aydın's quotation of, "Yemeksepeti's success story did not happen overnight. I believe in team work and I believe success is much more enjoyable and glorious when shared with the rest of the team".[13]

Investing

Nevzat Aydın invested in 40 start-ups and the total amount of his investments reached to 20 million dollars. His area of focus includes internet services, mobile and online marketplaces. Nevertheless, he invests in various sectors and business models, which uses technology as a triggering factor.

Public intellectual work

Honors and awards

Notes and References

  1. Web site: Company beta. 21 December 2020.
  2. Web site: Five Turkish firms to attend Obama's entrepreneurship summit. Hurriyet daily news . 3 February 2010. 26 October 2016.
  3. Web site: Dragons' Den Türkiye . Ddturkiye.com . 2 March 2017 . https://web.archive.org/web/20161210182413/http://www.ddturkiye.com/yatirimcilar . 10 December 2016 . dead .
  4. Web site: 40 Under 40 . Advertise in Turkey . 20 November 2015 . 2 March 2017.
  5. Web site: 25 December 2016. LinkedIn. 21 December 2020. archive.vn. 25 December 2016. https://archive.today/20161225054128/https://www.linkedin.com/company-beta/1539025?pathWildcard=1539025. live.
  6. Web site: Yemeksepeti – Online Yemek Siparişi – Windows Llamkanakuna Microsoft Tiendapi . Microsoft. 2 March 2017.
  7. Web site: 2021-11-01. Nevzat Aydın Yemeksepeti'nden ayrıldı!. 2022-02-13. hthayat.haberturk.com. tr.
  8. Web site: Investments – Young Turk Ventures . Youngturkvc.com . 2 March 2017 . 9 March 2017 . https://web.archive.org/web/20170309130918/http://www.youngturkvc.com/investments.html . dead .
  9. Web site: European Founders Fund Invests and Takes Stake in YemekSepeti.com. Grandstanding Traction. 8 May 2008 . 2 March 2017.
  10. Web site: Global Growth Equity News and Thought Leadership . General Atlantic . 17 September 2012 . 2 March 2017 . 29 March 2017 . https://web.archive.org/web/20170329104020/http://www.generalatlantic.com/media/archive/yemeksepeticom-partners-with-global-growth-investor-general-atlantic . dead .
  11. Web site: Turkey's Online Food Ordering Portal Yemeksepeti to Expand to Bulgaria, Romania. Novinite.com . 19 May 2015 . 2 March 2017.
  12. Web site: Christina Flora . Turkish Yemek Sepeti Invests in Greece. Greek Reporter Europe. 2 March 2017.
  13. Web site: CEO shares $27 million with staff after selling his firm. CNN. 29 July 2015.
  14. Web site: Ana Sayfa. Endeavor Türkiye. 26 October 2016. https://web.archive.org/web/20150829083614/http://endeavor.org.tr/agimiz/yonetim-kurulu/. 29 August 2015. dead.
  15. Web site: TOBB YOUNG ENTREPRENEURS BOARD TOBB YOUNG ENTREPRENEURS BOARD . Ivci.com.tr . 2 March 2017 . https://web.archive.org/web/20151106110916/http://www.ivci.com.tr/Uploads/TOBB%20Young%20Entrepreneurs%20Board.pdf . 6 November 2015 . dead .
  16. Web site: TÜSİAD . Tusiad.org.tr . 26 October 2016.
  17. Web site: Galata Business Angels . Galata Business Angels . 26 October 2016.
  18. Web site: Trabzonspor . Trabzonspor . 26 October 2016.
  19. Web site: BOĞAZİÇİ ÜNİVERSİTESİ VAKFI 1978 . BÜVAK. 2 March 2017.
  20. Web site: Nevzat Aydın . Melih Ödemiş . yemeksepeti.com. Endeavor Türkiye. 2 March 2017.
  21. Web site: Ekonomist Yılın Erkek Girişimcisi'ni Seçti . Girisimhaber.com . 27 April 2011 . 2 March 2017.
  22. Web site: German Startup Beats the Dragons. Global Entrepreneurship Network. 22 November 2011 . 2 March 2017.
  23. Web site: Webrazzi Ödülleri 2012. Webrazzi. 2 March 2017.
  24. Web site: DLD Conference Speaker: Nevzat Aydin . Dld-conference.com . 27 April 2010 . 2 March 2017.
  25. Web site: Martin Bryant . The Winners of The Next Web's European Startup Awards 2013 . Thenextweb.com . 2 March 2017.
  26. Web site: Webrazzi Ödülleri 2013. Webrazzi. 2 March 2017.
  27. Web site: Girişimcilere özel davet Etkinlikler haberleri. https://web.archive.org/web/20161028020534/http://m.capital.com.tr/etkinlikler/etkinlikler/girisimcilere-ozel-davet-haberdetay-10049/. dead. 28 October 2016. 28 October 2016. 24 March 2020.
  28. Web site: Nevzat Aydin- Founder & CEO, Yemeksepeti . Noah-conference.relayto.com . 2 March 2017.
  29. Web site: NEVZAT AYDIN – Teknoloji ve perakendenin 40 yaş altı yöneticileri. Fortune Türkiye. 2 March 2017. 27 October 2016. https://web.archive.org/web/20161027194741/http://www.fortuneturkey.com/fotograf/nevzat-aydin-1224/. dead.
  30. Web site: 11 July 2014. Superbrands 2012 Sonuçları. 21 December 2020. https://web.archive.org/web/20140711154808/http://www.superbrandsturkey.com/results.htm. 11 July 2014.
  31. Web site: Webrazzi Ödülleri 2014. Webrazzi. 2 March 2017.
  32. Web site: Lenovo İle "Her Şey Seninle Başlar" . Itnetwork.com.tr . 2 March 2017.
  33. Web site: 40 Yaş Altı 40 2015. Fortuneturkey.com. 2 March 2017. 18 October 2016. https://web.archive.org/web/20161018213901/http://www.fortuneturkey.com/listeler/40-yas-alti-40-2015. dead.
  34. Web site: Webrazzi Ödülleri 2016. Webrazzi. 2 March 2017.
  35. Web site: 13. EN Ödül Töreni. 21 December 2020.

This article is licensed under the GNU Free Documentation License. It uses material from the Wikipedia article "Nevzat Aydın".

Except where otherwise indicated, Everything.Explained.Today is © Copyright 2009-2024, A B Cryer, All Rights Reserved. Cookie policy.