California Delta (USC) Phi Karl Jacob is a serial entrepreneur and is currently focused on his most recent startup Hangtime.
Hangtime, Inc., the company intent on upgrading your social life, launched the first and only app that lets you see what your friends are doing in the future, eliminating the millions of missed opportunities to be with friends. With Hangtime, individuals can easily see friends’ social future – from concerts to poetry readings and more – so they can find new ways to hang out together. Hangtime is available on the iPhone, Facebook and other mobile devices, Hangtime gives users plenty of time to discover friends’ plans and join in activities that interest them most.
Brother Jacob has also worked as a manager at Sun Microsystems and an executive at Microsoft. In his career, Jacob raised over $200 million from prestigious investors like Amerindo, Microsoft, eBay, Integral Partners, Norwest Ventures, Bay Partners, Benchmark Capital, Deutsche Bank, Ignition Partners, Vulcan Ventures and others. He started four companies from no revenue to significant revenues or being acquired. One of his companies, Dimension X, was acquired by Microsoft in 1997; and another, Keen (now Ingenio), was acquired by AT&T in 2007. Companies with Jacob as CEO have generated over $300 million in returns to investors and over $150 million in revenue per year. He has received numerous awards, including being named one of BusinessWeek’s top ten up-and-comers.
Jacob has advised or been a board member at several companies including Facebook, Dimension X, Keen, Cloudmark, IMMI, Protector USA and REAL Kiteboarding. He holds a B.S. in Computer Science from University of Southern California, where he sits on the school’s board of counselors for the School of Engineering.
