Peter Briger joined forces with two other Princeton alumni to create a pilot funding program called the Alumni Entrepreneurs Fund at Princeton. Peter Briger and Gordon Ritter both graduated from Princeton in 1986, while it is not known what year the third anonymous founder of the pilot funding program graduated in. The purpose for the creation of called the Alumni Entrepreneurs Fund is to provide financial aid to recent Princeton alumni in their efforts to become entrepreneurs.
The Alumni Entrepreneurs Fund will assist recent Princeton alumni entrepreneurs to transform their creative abstract ideas into reality by providing them with as much as $100,000 in matching seed fund. For a startup team to be eligible for the fund, at least one member of the team must have relatively recently graduated from Princeton (within the last five years). In order to determine which teams are among the most qualified to receive assistance from this fund, a six-member panel has been established. Peter Briger is a member of six-alumni-entrepreneurs panel that not only reviews each team’s proposal to determine which teams meet the requirements to receive aid from the Alumni Entrepreneurs Fund but also initiates the mentoring process between the young fledging entrepreneurs and successful Princeton alumni entrepreneurs in similar business areas.
Peter Briger is a principle and a co-chairman of the board of directors with the Fortress Investment Group, who heads the alternate asset manager’s real estate business and debt securities business. Peter is also a member of Fortress’s Management Committee. Prior to joining the Fortress Investment Group, Peter worked at Goldman Sachs for 15 years and became a partner there in 1996. At Goldman Sachs, he co-founded Special Situations Group in 1997, a group that became a principal revenue driver for Goldman Sachs. Peter Briger is a holder of a B.A. degree from Princeton and an M.B.A. degree from the Wharton School of Business. He also serves on the board of a non-profit organization that serves low-income families in San Francisco, the Tipping Point.
We live in an era where everything is done online. Shopping, work, investing, and even finding a perfect mate are all done online. The latter has become a booming business to those who know to do it. Whitney Wolfe Herd is one of these online entrepreneurs. She is the founder of Bumble; a dating app is trying to do. Ms. Wolfe is an expert in this. Over the years, she has managed to match one person to another to the point of some getting a perfect life partner and staying happily thereafter. Because there are several such apps and sites, it is easy to fall trap to scammers. This scenario jeopardizes the security and privacy of the parties involved.
When starting the Bumble a few years ago, Whitney Wolfe was aware of the challenges parties go through. She had deliberate strategies in mind on how to deal with these security and privacy issues. It is noteworthy to mention that Bumble gives women, who in most cases are the culprits, the authority to initiate a conversation. Unlike other apps, Whitney Wolfe’s Bumble gives the female gender more power than that of the male gender. For latest update connect with Whitney Wolfe on Twitter.
Wolfe ensures that her app stands out from the rest of the dating sites or apps. She had to ensure that she beats the rest, making it one of the high-end dating apps in the world today with over $1 billion of net worth. What is more is that most of the subscribers of this app are the female gender. Her efforts to ensure the security, safety, and privacy of the women have yielded. Recently, Time Magazine named Whitney Wolfe Herd the 2018 Person of The Year in a colorful event.
Reasons For The Honor
To name Whitney Wolfe the Person of the Year For 2018, Time Magazine looked at several things. Among the things Time Magazine looked at include, Bumble’s efforts to empower women by entrusting them with the authority to initiate conversations, breaking up with Facebook, which according to recent reports has failed to protect clients’ confidential data, ban the use of guns and adverts containing guns, and maintaining a firm stance not to match Bumble with Match Group. Read this article: https://www.nytimes.com/2018/04/04/style/tinder-bumble-lawsuit-explainer.html