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20 Facts About Ryan Cohen

facts about ryan cohen.html1.

Ryan Cohen was born on 1986 and is a Canadian entrepreneur, business executive and activist investor.

2.

Ryan Cohen founded e-commerce company Chewy in 2011, and was the company's chief executive officer until 2018.

3.

Ryan Cohen never attended college, citing his father, who ran a glassware company, as his primary inspiration in pursuing an entrepreneurial route.

4.

At the age of 15, Ryan Cohen started his first business collecting fees off referrals to various e-commerce sites.

5.

In 2011, at the age of 25, Ryan Cohen founded Chewy under its original name of MrChewy.

6.

Ryan Cohen says his inspiration for picking the pet category came from his experience shopping for his poodle Tylee.

7.

Ryan Cohen cites his father Ted, who ran a glassware importing business, as a mentor.

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8.

In need of capital, Ryan Cohen says he originally approached over 100 venture capital firms and was rejected by all of them.

9.

In 2013, Ryan Cohen secured the company's first outside investment from Volition Capital for $15 million.

10.

Ryan Cohen remained CEO following the acquisition and operated the business largely as an independent unit of PetSmart.

11.

In January 2021, Ryan Cohen joined the GameStop board along with two Chewy executives.

12.

Ryan Cohen was appointed chairman to lead a new committee in charge of a company-wide transformation.

13.

Since then, Ryan Cohen has been instrumental in a number of changes at GameStop, including the departure of multiple executives and ten members of the board of directors, and the hiring of multiple Amazon and Chewy executives in leadership positions.

14.

On September 28,2023, Ryan Cohen took over as Chief Executive Officer of GameStop.

15.

Ryan Cohen is receiving no salary for his roles as CEO and chairman.

16.

On June 9,2023, Ryan Cohen bolstered his stake in the company with a purchase of 443,842 shares, equivalent to a $10 million investment.

17.

Ryan Cohen has acquired a large stake in Alibaba worth hundreds of millions of dollars.

18.

In 2022, Ryan Cohen published a series of children's books titled Teddy based on lessons he learned from his father.

19.

Ryan Cohen showed me an exceptional work ethic and an unwavering commitment to delayed gratification.

20.

Ryan Cohen supported Donald Trump during the 2024 United States presidential election, and promoted the conspiracy theory that the 2020 election was rigged.