Hints and tips:
...The company was built by three former Goldman bankers: current CEO Tim Steiner, former commercial director Jason Gissing and former COO Jonathan Faiman. He tries contacting Goldman; no one answers....
...Behind it were eBay employees, the online marketplace which the Steiners often blogged about....
...Founded in 2000 by Mr Steiner, Jonathan Faiman and Jason Gissing, Ocado started out as a pure online grocery store serving customers mainly in the south of England....
...Jason Gissing, the third member of the triumvirate, left in 2014 but Mr Steiner is still chief executive of Ocado, which is now a member of the FTSE 100 index with a market value of £9.25bn....
...“If you’re talking about large volume, you’re talking about large savings,” Mr Steiner said....
...Jason Gissing, another of Ocado’s three co-founders and fellow former Goldman Sachs fixed-income trader, rejects this....
...Jason Haas introduced it at Tablas Creek in Paso Robles quite recently and is also sceptical about parts of it....
...Ten years after Mr Aisbitt’s address, Tim Steiner, a fellow Goldman trader, and I had raised almost £50m to fund Ocado, the online grocer....
...I was often terrified but was lucky to have in Tim Steiner a partner who was both resolute and fearless. Many are not so fortunate....
...Nevertheless, Ocado directors gained access to shares worth £16.9m — among them an allocation to co-founder Jason Gissing, who left the company in May....
...“We are preparing for a massive opportunity,” says Mr Steiner. It is an opportunity that fellow co-founder Jason Gissing has chosen to skip....
...Jason Gissing was never the most obvious online grocer....
...Here’s a quick chart of Goldman’s predictions against what happened: And now co-founder Jason Gissing will retire in May, leaving just Tim Steiner of the original trio in charge....
...When Jonathan Faiman, Jason Gissing and Tim Steiner quit their jobs at Goldman Sachs to create the online grocery service Ocado in 1999, it seemed an odd career move, sacrificing the expense accounts and...
...Isn’t it time Tim Steiner, Andrew Brace and Jason Gissing, the wonderfully titled Director of People, Culture and Communications, took advantage of this fantastic buying opportunity?...
...And Mr Bracey is less central to the success or failure of the business than founder executives Tim Steiner and Jason Gissing....
.... ………………………… Jason Gissing An Oxford graduate and former Goldman Sachs fixed-income trader, Jason Gissing used to be chief finance and marketing officer of Ocado....
...With a holding of 812,555 shares, or 0.15 per cent, Mr Bracey has a way to go before he catches up with founders Tim Steiner, the Ocado chief who holds 29.7m or 5.4 per cent, and Jason Gissing with 17.3m...
...Mr Bracey met the Ocado founders Mr Steiner and Jason Gissing as their banker at Jefferies International and joined the company as finance director in 2009....
...Co-founders Jonathan Faiman and Jason Gissing and his family trust own 4.57 per cent and 3.13 per cent respectively....
...Jason Gissing, another founder, would be entitled to just under 5 per cent, worth about £50m, including both his 3.27 per cent shareholding and assuming that all his options pay out and that Ocado floats...
...The founders – Tim Steiner, Jason Gissing and Jonathan Faiman – are also expected to sell some shares, with the founders’ and management’s stakes worth about £160m....
...A market capitalisation at about the £1bn mark would see the stake held by the company’s three founders – Jonathan Faiman, Tim Steiner and Jason Gissing – worth about £160m....
...) and a discretionary trust of which Tim Steiner is a beneficiary sold shares to Andrew Bracey....
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