Remembering Tony Hsieh

By

Marc

With a VERY heavy heart,  I learned that Tony Shieh passed away today.

For those of you that did not know him, I will let THE NEW YORK TIMES provide a short summary of his life (article by GLEN RIFKIN below / link at bottom):

In the early days of online retailing, he realized that the key to success was making people feel comfortable and secure shopping on the internet.

Tony Hsieh, the technology entrepreneur and venture capitalist who built Zappos into a $1 billion internet shoes and clothing powerhouse, died on Friday. He was 46.

The cause was injuries suffered in a house fire on Nov. 18 in New London, Conn., according to Megan Fazio, a spokeswoman for the Downtown Project in Las Vegas, a revitalization effort which Mr. Hsieh oversaw.

Mr. Hsieh (pronounced shay) was apparently visiting family at the time. His death was confirmed by Zappos in a statement from the company’s chief executive, Kedar Deshpande. Further details about the fire or where Mr. Hsieh died were not immediately available.

Mr. Hsieh stepped down as chief executive in August after 21 years with the company, which began selling shoes online in 1999.

 

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