All Rights Reserved. Now, after departing that company he has Zeta Global which has recently been valued at over $1 Billion Dollars.
[21], In July 2015, the company raised $125 million from Blackstone's GSO Capital Partners to grow its business through acquisitions[22] of data startup companies.
David A. Steinberg (born 1970) is the founder and chief executive officer of Zeta Global, formerly Zeta Interactive and XL Marketing Corporation, one of several companies that he started. Zeta doesn’t sell its data to marketers or other outside companies, but uses it to develop its consumer insights. View David Steinberg’s profile on LinkedIn, the world's largest professional community.
Several small companies specializing in different facets of online marketing were acquired and combined to create the firm. [2] Sterling Cellular grossed $1.3 million in sales its first year in business. [1][5] He was criticized[by whom?] All comments, questions or inquiries should be directed to: Your email address will not be published. October 24th, 2017 - Hedge Funds - Comments, October 10th, 2017 - Hedge Funds - Comments, September 28th, 2017 - Hedge Funds - Comments, September 20th, 2017 - Hedge Funds - Comments, April 20th, 2017 - Hedge Funds - Comments. According to their website, CAIVIS Acquisition Corp is an investment firm looking to purchase small companies in the internet space and combine them in order to maximize their opportunities. ", "The Precision Marketing Imperative: Tactics for Implementing a Framework", "Zeta Interactive Rebrands as Zeta Global, Culminating Year of Massive Growth and Broadened Focus", "Never Heard Of Zeta Global? We have noticed that you are using an ad blocker software. [28], According to The Wall Street Journal, as of March 2020 said the company’s revenue exceeded $400 Million in 2020 and is profitable. [9] In December, InPhonic was acquired by Versa Capital Management and relaunched as Simplexity. In January 2014, XL was re-branded as Zeta Interactive. Sterling offered free, timed delivery and a warranty/repair program and a free loaner phone program from its third month. Source of Wealth: Comedian: Net Worth 2020: $100,000 - $1M: Earnings in 2020: Pending: Yearly Salary: Under Review: House(s) He lives in Winnipeg, Manitoba, Canada: Cars: There are no vehicles shown to the public: All net worths are calculated by applying a proprietary algorithm. [1][4] As the public face for Inphonic, he was praised for creating and growing the online business that dominates online sales for cell phones. If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of Sections 240.13d-1(e),... All text and design is copyright ©2020 Koala Guide LLC. David Steinberg Net Worth Facebook Twitter So you’re wondering what is David Steinberg's net worth? Zeta Global, (formerly Zeta International) is an example of the CAIVIS strategy.
[24][25], In October 2016, Zeta Interactive became Zeta Global. David Steinberg net worth: David Steinberg is a Canadian comedian, actor, director, writer, and author who has a net worth of $10 million. David Steinberg was born in … [6] This contributed to the downfall of Inphonic when the financial crisis of 2007–2010 began in 2007 with the credit squeeze on all companies. Let's take an in-depth look at how much David Steinberg is worth. Steinberg said the company is considering an IPO. Small companies typically command a price–earnings ratio (PE) of 5 while larger companies command a PE of 10. [18] It acquired rival Intela[19] and the Adchemy Actions division[20] with that $70 million. [23] The company has been referred to by Forbes magazine as a 'Unicorn,' a "billion-dollar startup". MAST Capital - David Steinberg assets under management (13F Holdings), latest news, 13D/G filings, and investor letters provided by Insider Monkey
for growing the business too rapidly at the cost of customer service and revenue. In 1991, Steinberg graduated from Washington & Jefferson College with a bachelor's degree in economics. TopCelebrityNetWorths [13], In 2011, Steinberg started XL Marketing Corp with John Sculley. 13D Filing: MAST Capital and Great Elm Capital Corp. (GECC), 13D Filing: MAST Capital and Great Great Elm Capital Corp. (GECC), 13D Filing: MAST Capital and Great Elm Capital Group Inc. (GEC), How to Best Use Insider Monkey to Increase Your Returns, 6 Things You Didn't Know About Hedge Funds. David Steinberg’s net worth estimate is $100,000 - $1M.
By 1997 Sterling Cellular grew to 12 retail locations and $22 million in sales. [12] CAIVIS acts like a holding company, aiming to achieve an economy of scale for the standard infrastructure required for internet businesses, such as human resources, legal and accounting departments. [10][11], After Inphonic, Steinberg secured support to start a new corporation, CAIVIS Acquisition Corp. At the same time it aims for multiple arbitrage by combining the smaller companies into a larger business. A comedian, director, writer, actor currently enjoys t he total net worth of $ Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages. The company is a full service big dat,[clarification needed] customer acquisition, and customer relationship management services firm.
[3], In 1999, Steinberg broke up Sterling Cellular by selling off the retail chain and telemarketing operations of Sterling Cellular and founding Inphonic. All rights reserved. For 2020, David Steinberg’s net worth was estimated to be $10 Million. [26][27], In April 2017, Steinberg continued building Zeta Global with a $140 million fundraiser, valuing the company at close to 1.3 billion dollars.
To view this article, you can disable your ad blocker and refresh this page or simply login. [7] In November 2007, after Steinberg resigned as CEO and Chairman of the Board,[8] InPhonic filed a Chapter 11 petition in the United States Bankruptcy Court for the District of Delaware. [16], He has served on the Washington & Jefferson College Board of Trustees.[17]. The Official Net Worth of David Steinberg and Other Prominent Figures. David has 4 jobs listed on their profile.
Zeta Global is a data-driven marketing and CRM company that integrates data, technology and marketing services, aiming to help brands acquire, grow and retain customers. We only allow registered users to use ad blockers. [23] Zeta calls its approach to data-driven marketing "precision marketing".
It was a business that sold cellular phones. Sorry, no results has been found matching your query. [15] John Sculley was a panelist with advertising executive David Sable, Global CEO of Young & Rubicam; Jessica Gelman, Vice President of Customer Marketing & Strategy; The Kraft Group—the owners of the New England Patriots; and Hooman Radfar, Chairman and Co-Founder of marketing firm AddThis. You can sign up for free by clicking here or you can login if you are already a member. XL Marketing in June 2012 it raised capital of $70 million.
Over a seven-year period, Inphonic grew into the largest seller of new cell phones on the internet with over $300 million in revenue. Net worth: $750 Million: Spouse(s) Kristen Sanne (m. 2017) David A. Steinberg (born 1970) is the founder and chief executive officer of Zeta Global, formerly Zeta Interactive and XL Marketing Corporation, one of several companies that he started. [10], On January 30, 2014, Steinberg moderated a marketing panel hosted by Zeta Interactive on the changes in advertising and marketing over the years,[14] using Apple's 1984 commercial as a benchmark. [1], In 1993, David Steinberg founded Sterling Cellular, Inc. in the basement of his house in Bethesda, Maryland with the use of credit cards and a parental loan. Software CEO David Steinberg Has 300 Million Reasons Not To Worry", "Zeta Global Raises $140 Million For Its Marketing Cloud", "Marketing Software Firm Zeta Global Eyes IPO—Once Again", Travel Industry's Secret Digital Weapon -- Big Data, Even At Cannes, Creativity Is No Longer Enough, 5 Lessons I've Learned From My Mentor: Former Apple CEO John Sculley, How big data has become accessible to everyone, https://en.wikipedia.org/w/index.php?title=David_A._Steinberg&oldid=974884802, Articles with specifically marked weasel-worded phrases from October 2015, Wikipedia articles needing clarification from October 2015, Creative Commons Attribution-ShareAlike License, This page was last edited on 25 August 2020, at 15:57. [29], For other people named David Steinberg, see, "The Rise & Fall & Rise (Again) of David Steinberg", "Private equity firm buys troubled InPhonic", "David Steinberg: How A Versatile Entrepreneur Networks", "Ad flashback: Apple's 1984 Super Bowl commercial", "Super Bowl 2014: Advertisers lose yardage", "World Class Big Data-Driven Marketing & CRM Company Rebrands To Zeta Interactive", "Zeta Interactive valued at $1bn after Blackstone investment", "Zeta Interactive Hits $1 Billion Valuation And Looks To Buy Up Data Startups", "Webinar – The Precision Marketing Imperative – Tactics for Improving Marketing that Deliver 5 to 6 Times the Revenue and Profit!