Those that pay attention to the CEO scene in Los Angeles have definitely heard the name Adam Goldenberg bandied about before. That’s because he is one of the most important CEOs in the city. He has been for nearly 20 years. It is surprising that he is still just in his 30s considering his long resume of successful leadership roles. He has led 3 companies to great success in that era. Adam Goldenberg was also an integral part of the Myspace team that left when they were bought out. Here are some of his biggest successes.
This was the gaming network that Goldenberg founded when he was just 16 years old. It was a groundbreaking company that created a network for gamers everywhere just as the internet was becoming available in homes everywhere. Adam Goldenberg sold the company to Intermix Media in 1999. He then later took over to run Intermix media where he worked until he left for his next company in 2004.
This is the internet brand incubator that ran for the latter half of the 2000s. It was also a great success. The incubator secured over $500 million in funding in the first year of operation. Goldenberg ran this Intelligent Beauty for years until he recognized a market trend that he could profit from with his next venture.
Goldenberg founded this company in 2012 because he saw a trend in business that surrounded subscription-based services on Racked. He saw that there wasn’t a business that used this model in the fashion industry. He set out to create one.
This is when he founded JustFab. JustFab is the parent company of Fabletics. Fabletics offers day to day athletic wear on a subscription or a one-time purchase basis. The company is owned by Hollywood actress Kate Hudson. The company at http://vator.tv/news/2015-04-25-adam-goldenberg-pivoting-your-company-doesnt-work has seen great success under Goldenberg’s leadership. They are looking to add over 100 stores in the next 5 years.
It is impressive what the young CEO has accomplished thus far in his life. He credits his success to two things. The first thing is that he hires great people to work with him. He focuses on people that are passionate about what they’re doing and are hard working. He says that you can teach the rest. He also isn’t a slave to his ego. He uses the metrics that he is given to make quick and shrewd decisions for his companies.