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11 Facts About Scott Heiferman

1.

Scott Heiferman attended the University of Iowa, where he began his studies as an engineering student.

2.

Scott Heiferman later changed his degree to business and graduated in 1994.

3.

Scott Heiferman sold the company just before the end of the dot-com bubble.

4.

Scott Heiferman was influenced by the book Bowling Alone, which is about creating connections between strangers and the deterioration of community in American culture.

5.

Scott Heiferman was a fan of the band Luna and often went to their concerts alone, because he could not find other fans to go with.

6.

Around the same time, Scott Heiferman started a photo-sharing service called Fotolog, which he sold five years later for $90 million.

7.

In 2004, Meetup reached one million users and Scott Heiferman was named "Innovator of the Year" by MIT Technology Review.

8.

In 2005, Scott Heiferman made the unexpected decision of charging users a fee to start and run Meetup groups, rather than using an advertising-based business model.

9.

Scott Heiferman made a profit for the first time in 2009.

10.

In 2018, Scott Heiferman stepped down as CEO and former Investopedia CEO David Siegel took his place.

11.

Scott Heiferman has a daughter and a son, born in 2010 and 2014 respectively.