Brendan F. Wallace
{{use mdy dates|date=February 2023}}
{{Short description|American businessperson}}
{{Infobox person
| name = Brendan F. Wallace
| birth_name = Brendan Fitzgerald Wallace
| birth_date = {{Birth date and age|1983|9|10}}
| birth_place = New York City, New York, U.S.
| alma_mater = Stanford Graduate School of Business
| occupation = Businessperson
| years_active = 2010–present
| known_for = Cofounder of Fifth Wall, Cabify and Identified, Inc
}}
Brendan F. Wallace is an American businessman and investor. He is the Founder and CEO of Fifth Wall. He also cofounded Artificial Intelligence platform Identified, Inc., which he sold to Workday, and the ridesharing service Cabify.
Early life and education
Brendan Fitzgerald Wallace was born and raised in New York City.{{Cite web |last=Burford |first=Annie |date=2020-06-30 |title=Watch: Three Experts |url=https://dot.la/fifth-wall-hellooffice-strategy-session-2646099591/justin-bedecarre-co-founder-ceo-of-hellooffice |access-date=2022-12-15 |website=dot.LA |language=en |archive-url=https://web.archive.org/web/20221216030049/https://dot.la/fifth-wall-hellooffice-strategy-session-2646099591/justin-bedecarre-co-founder-ceo-of-hellooffice |archive-date=2022-12-16 |url-status=live}} He graduated from Princeton University with a bachelor's degree in political science and economics in 2004, and received an MBA from the Stanford Graduate School of Business in 2010.{{Cite web |title=What to Know About Emma Watson's New Businessman Beau Brendan Wallace |url=https://people.com/movies/emma-watson-brendan-wallace-what-to-know/ |access-date=2022-12-15 |website=Peoplemag |language=en |archive-url=https://web.archive.org/web/20221009210853/https://people.com/movies/emma-watson-brendan-wallace-what-to-know/ |archive-date=2022-10-09 |url-status=live}} While at Stanford, Wallace became interested in technology and entrepreneurship, and he went on to found several companies with his former classmates.{{Cite web |title=A new venture firm focused on real estate has raised $212 million from real estate industry giants |url=https://techcrunch.com/2017/05/02/a-new-venture-firm-focused-on-real-estate-has-raised-212-million-from-real-estate-giants/ |access-date=2022-12-15 |website=TechCrunch |date=May 2, 2017 |language=en-US}}
Career
= Early career =
Wallace began his career as a real estate analyst at Goldman Sachs and worked for The Blackstone Group's real estate division,{{Cite web |date=2022-12-18 |title=Fifth Wall's Brendan Wallace On What's Next After $866M Proptech Fund |url=https://commercialobserver.com/2022/12/fifth-wall-brendan-wallace-866-million/ |access-date=2023-02-08 |website=Commercial Observer |language=en-US |archive-url=https://web.archive.org/web/20230208061242/https://commercialobserver.com/2022/12/fifth-wall-brendan-wallace-866-million/ |archive-date=2023-02-08 |url-status=live}} where he was a part of Blackstone's acquisition of Hilton Hotels.{{Cite web |last=Lemoncelli |first=Jenna |date=2018-10-16 |title=Brendan Wallace: 5 Things To Know About Emma Watson's Hunky New CEO Boyfriend |url=https://hollywoodlife.com/2018/10/16/who-is-brendan-wallace-ceo-emma-watson-boyfriend-fifth-wall/ |access-date=2023-02-08 |website=Hollywood Life |language=en-US |archive-url=https://web.archive.org/web/20230208061246/https://hollywoodlife.com/2018/10/16/who-is-brendan-wallace-ceo-emma-watson-boyfriend-fifth-wall/ |archive-date=2023-02-08 |url-status=live}}
= Identified, Inc. =
In 2010, Wallace cofounded career networking platform Identified, Inc., with Adayemi Ajao.{{Cite web |last=Tilley |first=Aaron |date=April 27, 2012 |title=Identified Inc.: Helping job seekers level up |url=https://www.bizjournals.com/sanfrancisco/print-edition/2012/04/27/identified-inc-helping-job-seekers.html |access-date=2022-12-15 |website=San Francisco Business Times |archive-url=https://web.archive.org/web/20120906124635/http://www.bizjournals.com:80/sanfrancisco/print-edition/2012/04/27/identified-inc-helping-job-seekers.html |archive-date=2012-09-06 |url-status=live}} The platform's model is based on gamification, and had 10 million users within eight months of its launch.{{Cite web |last=Hoge |first=Patrick |date=June 5, 2012 |title=Identified raises $21 million Series B |url=https://www.bizjournals.com/sanfrancisco/blog/2012/06/identified-raises-21-million-series-b.html |access-date=2022-12-15 |website=San Francisco Business Journals |archive-url=https://web.archive.org/web/20120614232824/http://www.bizjournals.com:80/sanfrancisco/blog/2012/06/identified-raises-21-million-series-b.html |archive-date=2012-06-14 |url-status=live}} Early versions of Identified's database were used by employers such as Google, Disney, and McKinsey & Company. It received $33 million in venture capital between 2010 and 2014.{{Cite web |date=October 12, 2017 |title=Meet a VC: Brendan Wallace & Brad Greiwe |url=https://www.nasdaq.com/articles/meet-vc-brendan-wallace-brad-greiwe-2017-10-12 |website=NASDAQ |archive-url=https://web.archive.org/web/20221216025112/https://www.nasdaq.com/articles/meet-vc-brendan-wallace-brad-greiwe-2017-10-12 |archive-date=2022-12-16 |url-status=live}} Wallace was co-CEO of the company until it was acquired by Workday, Inc. in 2014.{{Cite news |date=2014-02-26 |title=Identified Acquires by Workday |language=en-US |work=Wall Street Journal |url=https://www.wsj.com/articles/DJFVW00020140226ea2qryf60 |access-date=2022-12-15 |issn=0099-9660 |archive-url=https://web.archive.org/web/20221216025125/https://www.wsj.com/articles/DJFVW00020140226ea2qryf60 |archive-date=2022-12-16 |url-status=live}}
= Cabify =
In 2012, Wallace cofounded the Latin American ridesharing service Cabify, with Ajao and Spanish entrepreneur Juan de Antonio. Wallace currently sits on the company's advisory board.{{Cite web |last=DÍAS |first=CINCO |date=2011-12-23 |title=Un fundador de Tuenti se pasa a los coches de lujo bajo demanda |url=https://cincodias.elpais.com/cincodias/2011/12/23/empresas/1324651184_850215.html |access-date=2022-12-15 |website=Cinco Días |language=es |archive-url=https://web.archive.org/web/20221216025143/https://cincodias.elpais.com/cincodias/2011/12/23/empresas/1324651184_850215.html |archive-date=2022-12-16 |url-status=live}} Cabify reached a valuation of $1.4 billion in 2018, making it a unicorn.{{Cite news |date=2020-02-05 |title=Spain's Cabify claims it is first profitable car-booking app |work=Financial Times |url=https://www.ft.com/content/98354f22-46b1-11ea-aeb3-955839e06441 |access-date=2022-12-27 |archive-url=https://web.archive.org/web/20221227003422/https://www.ft.com/content/98354f22-46b1-11ea-aeb3-955839e06441 |archive-date=2022-12-27 |url-status=live}}
= Fifth Wall =
In 2016, Wallace and Brad Greiwe cofounded Fifth Wall,{{Cite news |date=2016-09-30 |title=Fifth Wall Ventures Raises $20M, Led by Identified's Founder |language=en-US |work=Wall Street Journal |url=https://www.wsj.com/articles/fifth-wall-ventures-raises-20m-led-by-identifieds-founder-1475271418 |access-date=2022-12-15 |issn=0099-9660 |archive-url=https://web.archive.org/web/20221216025125/https://www.wsj.com/articles/fifth-wall-ventures-raises-20m-led-by-identifieds-founder-1475271418 |archive-date=2022-12-16 |url-status=live}} a venture capital firm which invests in PropTech ventures, including technologies which decarbonize the real estate industry.{{Cite web |last=Wells |first=Matty |date=2021-11-16 |title=How One Venice Entrepreneur Has Raised $140 Million to Combat Climate Change |url=https://www.lamag.com/culturefiles/how-this-venice-entrepreneur-raised-140-million-to-combat-climate-change/ |access-date=2022-12-15 |website=Los Angeles Magazine |language=en-US |archive-url=https://web.archive.org/web/20221225190930/https://www.lamag.com/culturefiles/how-this-venice-entrepreneur-raised-140-million-to-combat-climate-change/ |archive-date=2022-12-25 |url-status=live}}{{Cite news |last=Lash |first=Herbert |date=2022-07-21 |title=EXCLUSIVE Fifth Wall climate fund aims to decarbonize property industry |language=en |work=Reuters |url=https://www.reuters.com/business/finance/exclusive-fifth-wall-climate-fund-aims-decarbonize-property-industry-2022-07-21/ |access-date=2022-12-15 |archive-url=https://web.archive.org/web/20230214022807/https://www.reuters.com/business/finance/exclusive-fifth-wall-climate-fund-aims-decarbonize-property-industry-2022-07-21/ |archive-date=2023-02-14 |url-status=live}} As of 2021, it was one of the largest property technology venture investors in the United States.{{Cite web |last=Maio |first=Pat |date=2021-04-25 |title=Fifth Wall SPAC Seeks $250 Million |url=https://labusinessjournal.com/finance/fifth-wall-acquisition-iii-spac-250-million/ |access-date=2022-12-27 |website=Los Angeles Business Journal |language=en-US |archive-url=https://web.archive.org/web/20221227003425/https://labusinessjournal.com/finance/fifth-wall-acquisition-iii-spac-250-million/ |archive-date=2022-12-27 |url-status=live}} In July 2022, the firm raised $500 million for its inaugural Climate Fund.{{Cite web |last=Olick |first=Diana |title=Fifth Wall closes half-billion-dollar climate fund to decarbonize global real estate |url=https://www.cnbc.com/2022/07/21/fifth-wall-closes-500-million-climate-fund-to-decarbonize-real-estate.html |access-date=2023-02-08 |website=CNBC |date=July 21, 2022 |language=en |archive-url=https://web.archive.org/web/20221213180551/https://www.cnbc.com/2022/07/21/fifth-wall-closes-500-million-climate-fund-to-decarbonize-real-estate.html |archive-date=2022-12-13 |url-status=live}} In 2023, the company closed an $866 million investment fund,{{Cite web |last=Nicoll |first=Alex |title=Proptech is losing money left and right, but Fifth Wall's Brendan Wallace is ready to spend $866 million as the sector enters its 'proving ground' |url=https://www.businessinsider.com/fifth-wall-ready-invest-proptech-sector-hits-skids-2022-12 |access-date=2023-02-08 |website=Business Insider |language=en-US |archive-url=https://web.archive.org/web/20230208061551/https://www.businessinsider.com/fifth-wall-ready-invest-proptech-sector-hits-skids-2022-12 |archive-date=2023-02-08 |url-status=live}} which The Wall Street Journal reported was the largest real estate investment fund in history.{{Cite news |last=Putzier |first=Konrad |title=WSJ News Exclusive {{!}} Venture Firm Fifth Wall Raises Record Real-Estate Startup Fund |url=https://www.wsj.com/articles/venture-firm-fifth-wall-raises-record-real-estate-startup-fund-11670934079 |access-date=2023-02-08 |newspaper=Wall Street Journal |date=December 13, 2022 |language=en-US |archive-url=https://web.archive.org/web/20230217162008/https://www.wsj.com/articles/venture-firm-fifth-wall-raises-record-real-estate-startup-fund-11670934079 |archive-date=2023-02-17 |url-status=live}}
According to LA Business Journal, he was one of the most influential business executives between 2019 and 2022.{{Cite web |date=2019-05-19 |title=BRENDAN WALLACE |url=https://labusinessjournal.com/news/brendan-wallace/ |access-date=2022-12-15 |website=Los Angeles Business Journal |language=en-US |archive-url=https://web.archive.org/web/20221012202801/https://labusinessjournal.com/news/brendan-wallace/ |archive-date=2022-10-12 |url-status=live}}{{Cite web |date=2022-06-20 |title=LA500 2022: Brendan Wallace |url=https://labusinessjournal.com/special-editions/la500/2022/technology-2022/la500-2022-brendan-wallace/ |access-date=2022-12-15 |website=Los Angeles Business Journal |language=en-US |archive-url=https://web.archive.org/web/20221216030832/https://labusinessjournal.com/special-editions/la500/2022/technology-2022/la500-2022-brendan-wallace/ |archive-date=2022-12-16 |url-status=live}} Commercial Observer included him on its Power 100 list in 2021 and 2022.{{Cite web |date=2022-05-16 |title=Brendan Wallace and Brad Greiwe |url=https://commercialobserver.com/power-series/player/brendan-wallace-and-brad-greiwe/ |access-date=2022-12-15 |website=Commercial Observer |language=en-US |archive-url=https://web.archive.org/web/20221216030832/https://commercialobserver.com/power-series/player/brendan-wallace-and-brad-greiwe/ |archive-date=2022-12-16 |url-status=live}}
Personal life
Wallace adopted a three-legged pit bull-mix named Lady Macbeth in 2021. They appeared on the Netflix series Canine Intervention.{{Cite web |last=Gottesman |first=Eliana |date=2021-03-01 |title=Canine Intervention: Everything To Know About Lady Macbeth's Owner Brendan Wallace |url=https://screenrant.com/canine-intervention-lady-macbeth-owner-brendan-wallace-job/ |access-date=2022-12-15 |website=ScreenRant |language=en-US |archive-url=https://web.archive.org/web/20221216025702/https://screenrant.com/canine-intervention-lady-macbeth-owner-brendan-wallace-job/ |archive-date=2022-12-16 |url-status=live}}
He dated British actress Emma Watson in 2018.{{Cite web |last=Epstein |first=Rachel |date=2019-01-15 |title=Are Emma Watson and Brendan Wallace Still a Thing? Here's What to Know About Him |url=https://www.marieclaire.com/celebrity/a25902732/emma-watson-boyfriend-brendan-wallace/ |access-date=2022-12-15 |website=Marie Claire |language=en |archive-url=https://web.archive.org/web/20221221022342/https://www.marieclaire.com/celebrity/a25902732/emma-watson-boyfriend-brendan-wallace/ |archive-date=2022-12-21 |url-status=live}}{{Cite web |title=Emma Watson Spotted With a New Tech Bro |url=https://www.wmagazine.com/story/emma-watson-brendan-wallace |access-date=2022-12-15 |website=W Magazine |date=October 17, 2018 |language=en |archive-url=https://web.archive.org/web/20221221022343/https://www.wmagazine.com/story/emma-watson-brendan-wallace |archive-date=2022-12-21 |url-status=live}} He later dated American actress Alexandra Daddario in 2019.{{Cite web |date=2021-08-13 |title=Alexandra Daddario's Dating History: Here Are The Famous Names She's Been Linked To |url=https://www.inquisitr.com/6495030/alexandra-daddarios-dating-history-here-are-the-famous-names-sh |access-date=2022-12-15 |website=Inquisitr |archive-url=https://web.archive.org/web/20230201204821/https://www.inquisitr.com/6495030/alexandra-daddarios-dating-history-here-are-the-famous-names-sh |archive-date=2023-02-01 |url-status=live}}
References
{{DEFAULTSORT:Wallace, Brendan F.}}
Category:21st-century American businesspeople
Category:American technology company founders
Category:American chief executives
Category:Businesspeople from New York City
Category:Businesspeople from Los Angeles
Category:Stanford Graduate School of Business alumni
Category:Princeton University alumni
Category:Businesspeople in software
Category:Year of birth missing (living people)
{{DEFAULTSORT:Wallace, Brendan F.}}