Difference between revisions of "Sheila Lirio Marcelo"

From Wikispooks
Jump to navigation Jump to search
(WEF/YGL stub)
 
(unstub)
 
Line 1: Line 1:
 
{{person
 
{{person
 
|wikipedia=https://en.wikipedia.org/wiki/Sheila_Lirio_Marcelo
 
|wikipedia=https://en.wikipedia.org/wiki/Sheila_Lirio_Marcelo
−
|twitter=
+
|twitter=https://twitter.com/smarcelo?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor
−
|constitutes=
+
|constitutes=businesswoman
−
|image=
+
|image=Sheila Lirio Marcelo.jpg
 
|interests=
 
|interests=
−
|nationality=
+
|nationality=US
−
|birth_date=
+
|birth_date=1970
−
|birth_place=
+
|birth_place=Philippines
 
|death_date=
 
|death_date=
 
|death_place=
 
|death_place=
−
|description=
+
|description=[[Filipino-American]] businesswoman who received easy venture capital funding. [[Marshall Memorial Fellowship]]. [[WEF/Young Global Leaders 2011|Young Global Leader by the World Economic Forum in 2011]].
 
|parents=
 
|parents=
 
|spouses=
 
|spouses=
 
|children=
 
|children=
 
|relatives=
 
|relatives=
−
|alma_mater=
+
|alma_mater=Mount Holyoke College,Harvard University
 
|political_parties=
 
|political_parties=
−
|employment={{job
+
|employment=
−
|title=
 
−
|start=
 
−
|end=
 
−
}}{{job
 
−
|title=
 
−
|start=
 
−
|end=
 
−
}}
 
 
}}
 
}}
 +
'''Sheila Lirio Marcelo''' is a [[Filipino-American]] businesswoman. She is the Co-Founder and CEO of Proof of Learn, a Web3 education platform.<ref>https://www.coindesk.com/business/2022/01/13/learn-to-earn-platform-proof-of-learn-raises-15m-round-led-by-new-enterprise/</ref> Prior to Proof of Learn, she founded [[Care.com]], an online marketplace for [[childcare]], senior care, special needs care, tutoring, pet care, and housekeeping where she served as CEO and chairwoman.<ref>Susan Caminiti, "[https://www.cnbc.com/2014/06/02/online-marketplace-helps-millions-find-family-care.html Online Marketplace Helps Million Find Family Care]," ''CNBC.com'', June 3, 2014</ref>
 +
 +
She did the [[Marshall Memorial Fellowship]], a training program by the [[CIA]]-close [[German Marshall Fund]]. She is a member of the [[Council on Foreign Relations]].
 +
 +
She was selected a [[WEF/Young Global Leaders 2011|Young Global Leader by the World Economic Forum in 2011]].
 +
 +
==Biography==
 +
Marcelo was born and raised in the Philippines, growing up in a family that was involved in a number of businesses from coconut mills to mango and banana plantations to transportation and coal production.<ref>Susan Chaityn Lebovits, "[http://www.boston.com/lifestyle/articles/2007/12/09/tapping_web_of_caregivers/?page=full Tapping Web of caregivers]," ''The Boston Globe'', December 9, 2007.</ref> Part of her early childhood was spent in [[Houston]] with her five siblings.<ref>Susan Chaityn Lebovits, "[http://www.boston.com/lifestyle/articles/2007/12/09/tapping_web_of_caregivers/?page=full Tapping Web of caregivers]," ''The Boston Globe'', December 9, 2007.</ref> When Marcelo was 11, she attended [[Brent International School]] in [[Baguio]].
 +
 +
She graduated magna cum laude from [[Mt. Holyoke College]] with a degree in economics and received [[M.B.A.]] and [[Juris Doctor|J.D.]] degrees, with honors and the Dean's Award from [[Harvard University]].<ref>[http://www.weforum.org/young-global-leaders/sheila-lirio-marcelo/ Sheila Lirio Marcelo biography], World Economic Forum.</ref><ref>"[http://www.wickedlocal.com/weston/news/x760606422/Weston-resident-named-Henry-Crown-Fellow Weston resident named Henry Crown Fellow]," ''WickedLocal'', April 2, 2012.</ref>
 +
 +
Prior to founding Care.com, she served as a consultant at Monitor Company,<ref>https://web.archive.org/web/20131213224852/http://www.thenextwomen.com/2013/02/05/sheila-marcelo-founder-ceo-carecom-raising-111m</ref> Pyramid Research and Putnam, Hayes & Bartlett,<ref>Allison Rubin, "Girl Scouts of Eastern Massachusetts Honors Sheila Lirio Marcelo as a Leading Woman," ''WestonPatch'', September 16, 2013.</ref> a teaching fellow at Harvard Business School,<ref>https://web.archive.org/web/20131213224852/http://www.thenextwomen.com/2013/02/05/sheila-marcelo-founder-ceo-carecom-raising-111m</ref> and entrepreneur-in-resident in the Boston office of [[Matrix Partners]].<ref>"[http://www.bizjournals.com/boston/stories/2009/10/05/focus24.html 40 under 40: Sheila Lirio Marcelo]," ''Boston Business Journal'', October 5, 2009.</ref>
 +
 +
==Care.com==
 +
Marcelo's initial care challenge came after she had her first child, Ryan.<ref>https://web.archive.org/web/20131213224852/http://www.thenextwomen.com/2013/02/05/sheila-marcelo-founder-ceo-carecom-raising-111m</ref> She was a college student and immigrant, and didn't have family nearby as a support system.<ref>https://web.archive.org/web/20131213224852/http://www.thenextwomen.com/2013/02/05/sheila-marcelo-founder-ceo-carecom-raising-111m</ref> While helping care for her second baby boy, her father suffered a heart attack and she struggled to find care for him, as well as child care for her two sons.<ref>Susan Chaityn Lebovits, "[http://www.boston.com/lifestyle/articles/2007/12/09/tapping_web_of_caregivers/?page=full Tapping Web of caregivers]," ''The Boston Globe'', December 9, 2007.</ref>
  
 +
Between October 2006 and the end of 2012, [[Care.com]] received $111 million in funding from investors including [[Matrix Partners]],<ref name="auto2">Om Malik, "[http://gigaom.com/2007/07/30/care-com/ Reid Hoffman invests in Care.com]," ''GigaOm'', July 30, 2007.</ref><ref>Matt Marshall, "[https://venturebeat.com/2007/09/20/caringcom-a-site-for-caregivers-to-launch-this-week/ Caring.com, a site for caregivers, to launch this week]," VentureBeat, September 20, 2007.</ref> Trinity Ventures,<ref>James M. Connolly, "[http://www.bizjournals.com/boston/news/2011/10/12/carecom-raises-25-million.html Care.com raises $25 million with insurer USAA as corporate VC]," ''Boston Business Journal'', October 12, 2011.</ref><ref>"[http://www.xconomy.com/boston/2008/03/31/carecom-inc-obtains-9999900-new-financing-round/ Care.com, Inc. Obtains $9,999,900 New Financing Round]," Xconomy.com.</ref> [[New Enterprise Associates]],<ref>Leena Rao, "[https://techcrunch.com/2010/10/12/care-com-raises-20-million-to-connect-you-to-nannies-babysitters-and-caregivers/ Care.com Raises $20 Million To Connect You To Nannies, Babysitters And Caregivers]," TechCrunch, October 12, 2010.</ref> [[USAA]],<ref>http://www.bizjournals.com/boston/news/2011/10/12/carecom-raises-25-million.html</ref> and [[Institutional Venture Partners]] (IVP).<ref>https://web.archive.org/web/20140105025047/http://www.businessweek.com/news/2012-08-07/care-dot-com-raises-50-million-in-fifth-round-of-vc-funding</ref> Immediately prior to founding Care.com Marcelo was an [[Entrepreneur in residence]] at [[Matrix Partners]], where she met with the founders of [[Sittercity.com]] and another website for finding [[caregiver]]s, to discuss a potential investment and bringing Marcelo in as CEO.<ref name="auto3">https://www.boston.com/business/technology/articles/2009/11/22/websites_rivalry_provides_lessons_in_sharing_or_not_sharing_strategic_secrets/</ref> Matrix Partners did not invest in either firm and, months later, Marcelo founded Care.com and received $3.5 million in funding from Matrix Partners, with [[Reid Hoffman]], co-founder of [[LinkedIn]] also participating in that round.<ref name="auto2"/>
  
 +
The company went public January 24, 2014.<ref>Jordan Graham, "[http://bostonherald.com/business/business_markets/2014/01/experts_carecom_ipo_shows_boston_s_web_savvy Experts: Care.com IPO shows Boston’s Web savvy]," ''Boston Herald'', January 24, 2014.</ref> From its founding in 2006 through August 2012, Care.com had raised more than $111 million in venture capital from investors, including [[LinkedIn]] founder [[Reid Hoffman]].<ref>https://web.archive.org/web/20131213024653/http://boston.citybizlist.com/article/citybizlist-interviews-sheila-marcelo-ceo-carecom</ref> In August 2019, Care.com announced that Marcelo would transition from CEO to executive chairwoman.<ref>"[https://investors.care.com/press-releases/press-release-details/2019/Sheila-Lirio-Marcelo-Founder-and-CEO-of-Carecom-to-Be-Named-Executive-Chairwoman/default.aspx]," ''Care.com press release'', August 6, 2019.</ref> In December 2019, Care.com was acquired by [[IAC (company)|IAC]] for $500 million and is no longer publicly traded.<ref>"[https://www.iac.com/media-room/press-releases/iac-announces-agreement-acquire-carecom]," ''IAC press release'', December 20, 2019.</ref><ref>https://www.bizjournals.com/boston/news/2019/12/20/care-com-acquired-for-500m-new-ceo-appointed.html</ref>
  
 +
She currently lives in Weston, [[Massachusetts]] with her husband and two sons.<ref>Zach Davis, "[http://tech.co/sheila-marcelo-2012-08 13 Questions with Care.com CEO Sheila Marcelo]," Tech Cocktail, August 17, 2012.</ref><ref>[http://www.workitmom.com/interviews/detail/369], Interview with Sheila.</ref>
  
 
{{SMWDocs}}
 
{{SMWDocs}}
 
==References==
 
==References==
 
{{reflist}}
 
{{reflist}}
−
{{stub}}
 
  
  

Latest revision as of 09:49, 29 January 2022

Person.png Sheila Lirio Marcelo   TwitterRdf-entity.pngRdf-icon.png
(businesswoman)
Sheila Lirio Marcelo.jpg
Born1970
Philippines
NationalityUS
Alma materMount Holyoke College, Harvard University
Member ofCouncil on Foreign Relations/Members 2, Marshall Memorial Fellowship, Marshall Memorial Fellowship/2011, WEF/Young Global Leaders/2011

Sheila Lirio Marcelo is a Filipino-American businesswoman. She is the Co-Founder and CEO of Proof of Learn, a Web3 education platform.[1] Prior to Proof of Learn, she founded Care.com, an online marketplace for childcare, senior care, special needs care, tutoring, pet care, and housekeeping where she served as CEO and chairwoman.[2]

She did the Marshall Memorial Fellowship, a training program by the CIA-close German Marshall Fund. She is a member of the Council on Foreign Relations.

She was selected a Young Global Leader by the World Economic Forum in 2011.

Biography

Marcelo was born and raised in the Philippines, growing up in a family that was involved in a number of businesses from coconut mills to mango and banana plantations to transportation and coal production.[3] Part of her early childhood was spent in Houston with her five siblings.[4] When Marcelo was 11, she attended Brent International School in Baguio.

She graduated magna cum laude from Mt. Holyoke College with a degree in economics and received M.B.A. and J.D. degrees, with honors and the Dean's Award from Harvard University.[5][6]

Prior to founding Care.com, she served as a consultant at Monitor Company,[7] Pyramid Research and Putnam, Hayes & Bartlett,[8] a teaching fellow at Harvard Business School,[9] and entrepreneur-in-resident in the Boston office of Matrix Partners.[10]

Care.com

Marcelo's initial care challenge came after she had her first child, Ryan.[11] She was a college student and immigrant, and didn't have family nearby as a support system.[12] While helping care for her second baby boy, her father suffered a heart attack and she struggled to find care for him, as well as child care for her two sons.[13]

Between October 2006 and the end of 2012, Care.com received $111 million in funding from investors including Matrix Partners,[14][15] Trinity Ventures,[16][17] New Enterprise Associates,[18] USAA,[19] and Institutional Venture Partners (IVP).[20] Immediately prior to founding Care.com Marcelo was an Entrepreneur in residence at Matrix Partners, where she met with the founders of Sittercity.com and another website for finding caregivers, to discuss a potential investment and bringing Marcelo in as CEO.[21] Matrix Partners did not invest in either firm and, months later, Marcelo founded Care.com and received $3.5 million in funding from Matrix Partners, with Reid Hoffman, co-founder of LinkedIn also participating in that round.[14]

The company went public January 24, 2014.[22] From its founding in 2006 through August 2012, Care.com had raised more than $111 million in venture capital from investors, including LinkedIn founder Reid Hoffman.[23] In August 2019, Care.com announced that Marcelo would transition from CEO to executive chairwoman.[24] In December 2019, Care.com was acquired by IAC for $500 million and is no longer publicly traded.[25][26]

She currently lives in Weston, Massachusetts with her husband and two sons.[27][28]


Many thanks to our Patrons who cover ~2/3 of our hosting bill. Please join them if you can.


References

  1. ↑ https://www.coindesk.com/business/2022/01/13/learn-to-earn-platform-proof-of-learn-raises-15m-round-led-by-new-enterprise/
  2. ↑ Susan Caminiti, "Online Marketplace Helps Million Find Family Care," CNBC.com, June 3, 2014
  3. ↑ Susan Chaityn Lebovits, "Tapping Web of caregivers," The Boston Globe, December 9, 2007.
  4. ↑ Susan Chaityn Lebovits, "Tapping Web of caregivers," The Boston Globe, December 9, 2007.
  5. ↑ Sheila Lirio Marcelo biography, World Economic Forum.
  6. ↑ "Weston resident named Henry Crown Fellow," WickedLocal, April 2, 2012.
  7. ↑ https://web.archive.org/web/20131213224852/http://www.thenextwomen.com/2013/02/05/sheila-marcelo-founder-ceo-carecom-raising-111m
  8. ↑ Allison Rubin, "Girl Scouts of Eastern Massachusetts Honors Sheila Lirio Marcelo as a Leading Woman," WestonPatch, September 16, 2013.
  9. ↑ https://web.archive.org/web/20131213224852/http://www.thenextwomen.com/2013/02/05/sheila-marcelo-founder-ceo-carecom-raising-111m
  10. ↑ "40 under 40: Sheila Lirio Marcelo," Boston Business Journal, October 5, 2009.
  11. ↑ https://web.archive.org/web/20131213224852/http://www.thenextwomen.com/2013/02/05/sheila-marcelo-founder-ceo-carecom-raising-111m
  12. ↑ https://web.archive.org/web/20131213224852/http://www.thenextwomen.com/2013/02/05/sheila-marcelo-founder-ceo-carecom-raising-111m
  13. ↑ Susan Chaityn Lebovits, "Tapping Web of caregivers," The Boston Globe, December 9, 2007.
  14. ↑ a b Om Malik, "Reid Hoffman invests in Care.com," GigaOm, July 30, 2007.
  15. ↑ Matt Marshall, "Caring.com, a site for caregivers, to launch this week," VentureBeat, September 20, 2007.
  16. ↑ James M. Connolly, "Care.com raises $25 million with insurer USAA as corporate VC," Boston Business Journal, October 12, 2011.
  17. ↑ "Care.com, Inc. Obtains $9,999,900 New Financing Round," Xconomy.com.
  18. ↑ Leena Rao, "Care.com Raises $20 Million To Connect You To Nannies, Babysitters And Caregivers," TechCrunch, October 12, 2010.
  19. ↑ http://www.bizjournals.com/boston/news/2011/10/12/carecom-raises-25-million.html
  20. ↑ https://web.archive.org/web/20140105025047/http://www.businessweek.com/news/2012-08-07/care-dot-com-raises-50-million-in-fifth-round-of-vc-funding
  21. ↑ https://www.boston.com/business/technology/articles/2009/11/22/websites_rivalry_provides_lessons_in_sharing_or_not_sharing_strategic_secrets/
  22. ↑ Jordan Graham, "Experts: Care.com IPO shows Boston’s Web savvy," Boston Herald, January 24, 2014.
  23. ↑ https://web.archive.org/web/20131213024653/http://boston.citybizlist.com/article/citybizlist-interviews-sheila-marcelo-ceo-carecom
  24. ↑ "[1]," Care.com press release, August 6, 2019.
  25. ↑ "[2]," IAC press release, December 20, 2019.
  26. ↑ https://www.bizjournals.com/boston/news/2019/12/20/care-com-acquired-for-500m-new-ceo-appointed.html
  27. ↑ Zach Davis, "13 Questions with Care.com CEO Sheila Marcelo," Tech Cocktail, August 17, 2012.
  28. ↑ [3], Interview with Sheila.


Wikipedia.png This page imported content from Wikipedia on 01.01.2022.
Wikipedia is not affiliated with Wikispooks.   Original page source here
Retrieved from "https://wikispooks.com/w/index.php?title=Sheila_Lirio_Marcelo&oldid=236184"