How revitalization in major downtown areas achieves community-focused sustainability goals, maximizing economic development and inspiring...
In 1999, at the age of 24, Tony Hsieh (pronounced Shay) sold LinkExchange, the company he co-founded, to Microsoft for $265 million. He then joined Zappos as an advisor and investor, and eventually became CEO, where he helped Zappos grow from almost no sales to over $1 billion in gross merchandise sales annually, while simultaneously making Fortune Magazine’s annual “Best Companies to Work For” list. In November 2009, Zappos was acquired by Amazon.com in a deal valued at $1.2 billion on the day of closing.
In addition to his responsibilities as CEO of Zappos.com, Hsieh is leading the “Downtown Project,” a group committed to transforming downtown Las Vegas into the most community-focused large city in the world. This transformation includes the relocation of the Zappos offices from Henderson, Nevada to what was the old City Hall in downtown Las Vegas.Return to VERGE SF: November 12-13, 2012