jack einhorn net worth
How has the Suns' new starting group performed? What if equity value has nothing to do with current or future profits and instead is derived from a companys ability to be disruptive, to provide social change, or to advance new beneficial technologies, even when doing so results in current and future economic loss? Einhorn's book about the hedge fund business, "Fooling Some Of The People All Of The Time," is a seminal tale of short-selling. He said, "A business that burns cash and doesn't grow isn't worth anything. David Einhorn is a Democrat,[40] and has contributed to Democratic political campaigns,[41] in contrast to his parents, who are Republican donors. View court, arrest, criminal/conviction [42][43], He is also a founding Master Player of the Portfolios with Purpose virtual stock trading contest. [13] Einhorn credits his motivation to promote creativity in kids to a high school science fair, during which he won a chance to make a hologram that he has kept to this day. Because of the immense amount of data in the book, I would imagine that some readers may want to skip a page here and there. FTX, once the third-largest centralized cryptocurrency exchange, is now in U.S. bankruptcy. David Tepper is co-founder of Appaloosa Management L.P. and a successful hedge fund manager. Jack may also have previously lived The company's CEO Lawrence J. Blanford cited a "number of factors including changes in wholesale customer ordering patterns in our grocery and club channels" for the underperformance of the company. In May 2002, he gave a speech at the Sohn Investment Research Conference where he recommended shorting a mid-cap financial company called Allied Capital eventually disclosing that he himself had a substantial short position. Bachelor of Arts/Science, Cornell University. to see possibly who they are and full class lists found from school records and public sources. 36. Select a record to see additional public records data. and is associated to Patricia Einhorn, Daniel Einhorn and P Einhorn. * The other websites referenced on this site are owned and operated by their respective companies, and the associated trademarks and logos are the property of those companies. [10] He has described his company as a service that "combines the best features of Pinterest with the traditional Amazon experience," creating an image-centric e-commerce platform where users set the trends by posting items they 'fancy. He is married and has two daughters and one son. Europe, Menlo Park, China), Where the person is located (e.g. Creating Anti-Bullying Comics", https://en.wikipedia.org/w/index.php?title=Joseph_Einhorn&oldid=1134093827. [6] According to Investopedia, his net worth was around US$1.5 billion in June 2019. During the financial crisis, he famously questioned Lehman Brothers' books, arguing that the investment bank was being evasive about its risks. [44], As of March 2019, Forbes magazine reported Einhorn to have an overall net worth of US$700 million. When Bear Stearns had to be bailed out by the Federal Reserve in March 2008, Lehman was widely considered to be in a weak financial situation. "[20], In July 2007, Einhorn shorted Lehman Brothers stock, believing that Lehman had massive exposures to illiquid real estate investments that were improperly accounted for. Some have looked for reasons other than isolated mistakes. This is a BETA experience. Jack Einhorn Overview Number of Portfolio Companies 1 CB Rank (Investor) 18,040 Location Greater New York Area, United States, North America Regions East Coast Gender Male Investor Type Individual/Angel Jack Einhorn is the Chief Architect at Inform Technologies. Richard Einhorn (born 1952) is an American composer of contemporary classical music.Einhorn graduated summa cum laude and Phi Beta Kappa from Columbia University in 1975, and studied composition and electronic music with Jack Beeson, Vladimir Ussachevsky, and Mario Davidovsky.His best-known work, Voices of Light (1994) is an oratorio scored for soloists, chorus, orchestra and a bell. [10] His father is the founder and president of Einhorn & Associates, a consulting firm, and Capital Midwest Fund, a venture capital fund. For David Einhorn, the path toward becoming a billionaire as the founder and leader of Greenlight Capital began after his marriage to his wife, Cheryl Strauss Einhorn. below. The American hedge fund manager, investor and philanthropist David Einhorn has an estimated net worth of more than $1.5 billion as of 2023. [5][24] In May, Lehman's CFO Erin Callan held a private teleconference with Einhorn and his staff, who[25] hoped Callan could explain discrepancies they had uncovered since the firm's latest financial filing. Chalk some of thepain to bad luck: Alarge holding in German drugmaker Bayer plunged after a surprise legal ruling against its Roundup weed killer. on John Carlyle St Apt 533 in Southern Pines, North Carolina [27], In January 2012, the U.K. Financial Services Authority (FSA) fined Einhorn and Greenlight Capital $11.2 million for trading on inside information. Marriage vs. Common-Law Marriage: What's the Difference? In other instances, Einhorn was prescient. For instance, Einhornmade a sizable short sale against Norwegian billionaire John Fredricksens mammoth salmon farming company Marine Harvest butbet on Fredricksens highly indebted rigmaker Seadrill after it exited restructuring. Our top match for Jack Einhorn lives on E 19th St in Brooklyn, New York BeenVerified does not provide private about employment, admission, consumer credit, insurance, tenant screening or any other purpose that would require David Einhorn was born on November 20th, 1968 in New York. The world's best American singer-songwriter "Jack Johnson" has a net worth of $23 Million. In this section you are going to read all the controvercies of his. His failure to do so is a serious breach of the expected standards of market conduct. All rights reserved. [9] In 2009, Einhorn founded the social e-commerce platform Fancy. FCRA compliance. Run a full report on this result to get more details on Jack. Jewish aliens or their families paid anywhere from $50 for a trip across the Florida Straits to $1,000 (worth about $14,000 in 2017) for safe passage all the way from Europe to their final . Bayern Munich is keeping pace with Borussia Dortmund at the top of the table ahead of the season-defining clash against Paris Saint-Germain on Wednesday. For more information governing permitted and prohibited uses, please review BeenVerified's Among many other things, the 10,000 square foot estate home in Rye, New York that the Einhorn family has shared for many years will be at stake in the upcoming divorce. Russias War On Ukraine: Daily News And Information From Ukraine, Bayern Munich Remain First But Must Switch Off Complacency Ahead Of PSG Fixture, More Ex-British Challenger 2 Tanks Are Bound For Ukraine As London Doubles Its Pledge, This African Country Of Millions Is Without PowerHeres What We Know, REI Workers In Cleveland Vote To Join The Retail, Wholesale And Department Store Union, What It Took To Bring Daisy Jones And The Six To TV, Texas GOP Censures Rep. Gonzales For Supporting Same-Sex Marriage And Gun Safety, David Einhorn Warns: Value Investing May Never Recover, David Einhorn Is Winning Big By Being Bearish On Stocks And Bullish On Inflation, 2022 Billionaires: Cities With The Most Billionaires, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. [40], He is reported to drive a Honda Odyssey. [12] He plans to host workshops on teaching kids how to write and draw their own comics in order to promote creativity and alternatives to video games at Loot. He began his acting career at a young age. Tannenbaum. Investopedia does not include all offers available in the marketplace. Pinterest Rival Fancy Raises $26 Million In New Funding. What information about Jack are you looking for? We have a deep bench of experts and operators. Currently serving as the President and founder of Greenlight Capital, David Einhorn is an American hedge fund manager with an estimated net worth of $1.25 billion as of March 2013, according to Forbes. 2. See David Einhorn also joked that Pioneer Natural Resources is a "Motherfracker".[37]. Business of Fashion named Einhorn in its list of 500 People Shaping the Global Fashion Industry. The entrepreneur also launchedLoot, a child-friendly comic book store, in New York in July 2019. Jack Einhorn is the Chief Architect at Inform Technologies. Coming out of the crisis, he was among Wall Streets hottest investors, carrying a net worth that peaked at $1.9 billionat the end of 2014. Involved in start-ups since the age of 16, he founded the social commerce platform and secured investment from Franois-Henri Pinault, amongst others. Run a full report to get access to phone numbers, emails, social profiles and much more. Just send me a message at the address at the bottom of the site. [8] He has one brother Daniel who works with his father. Sometimes Jack goes by various nicknames including Jack Einborn and Jack I Einhorn. I love anime, horror, science fiction, and like I mentioned before - comic books. As of November, 2020, his net worth is $1.4 billion, according to forbes.com. Notably he continues to lose money on bets against Amazon, Tesla and Netflix as part of a "bubble basket" of internet stocks. Jack Einhorn currently lives in Lake Worth, FL; in the past Jack has also lived in Boynton Beach FL and Bridgewater Twp NJ. It's not a stretch to imagine these difficulties at work translating into tension between married couples. Instead, Einhorn flopped. [14] Loot was featured on the Today Show in January 2020. "[18][19] Einhorn would come to view Allied as a microcosm of market trends: "What we've seen a year later is that Allied was the tip of an iceberg; that this kind of questionable ethic, philosophy and business practice was far more widespread than I recognized at the time Our country, our economy, is paying a huge price for that. to see possibly who they are and full class lists found from school records and public sources. Together, the Einhorn's founded the Einhorn Family Charitable Trust in 2002, with intentions of "building a more peaceful and harmonious society.". Jack is a multimedia artist, musician, and writer based out of Philadelphia, PA. Hey! Home Design Music Writing Samples About Me Open Menu Close Menu. Fancy takes a commission fee from each sale. Jack Ma, one of the founders of the world's largest e-commerce business Alibaba Group, saw his net worth plunge more than 50% between 2021 and 2022, according to a billionaire's index. In order to sell on Fancy, a merchant needs to 'claim' an item that users have already posted. If youve looked through the rest of my site already, theres really not much else to say - Im a huge comic book and videogame nerd, and am pretty much always reading the former if Im not playing the latter. Most of all, his losses came from investments invalue traps such as Metlife spinoff Brighthouse Financial, General Motorsand rig manufacturer Ensco. Jack grew up outside of Philadelphia, PA and graduated from Temple University in 2017 with a BA in Journalism. It led Greenlight into investments like GM, Mylan, Consol Energy and Micron Technologies that turned into underperformers. 1. [18], Einhorn founded Fancy in 2009. [11] Einhorn has also been a personal user and supporter of Google Glass, leading to his company's Google Glass app that suggests items based on colors the user is looking at. We found public records for Jack Einhorn. Drake is a Canadian-born actor, producer and rapper who has a net worth of $250 million dollars. And yet, on a mark-to-market basis, the equity holders are doing just fine.. Jack Rowan Net Worth. Not necessarily, although one can certainly speculate that the difficult climate facing hedge funds across the country may have contributed to overall levels of stress and concern, even at the highest levels of management. His primary residence though is a multi-property compound on Mulholland Drive in Beverly Hills . 1615 Avenue I Apt 218, Brooklyn, NY, 317 Avenue J, Brooklyn, NY, 850 John Carlyle St Apt 533, Alexandria, VA, 94 Cypress Cir, Southern Pines, NC, 850 John Carlyle St Apt 533, Alexandria, VA, 13 Deer Path Cir, Green Brook, NJ, 8136 Cantabria Falls Dr, Boynton Beach, FL, 8136 Cantabria Falls Dr, Boynton Beach, FL, @hotmail.com, @yahoo.com, @worldnet.att.net, 10 Terrace Dr, Great Neck, NY, 2950 137th St, Flushing, NY, 220 W Jersey St, Elizabeth, NJ, 1015 Amboy Ave Apt 319, Edison, NJ, @juno.com, @centurytel.net, @aol.com, @mollymail.com, @gte.net. They have also lived in Apex, NC and Mason, OH. How To Choose The Right Bank For Your Business And Sector, An Economic Downturn Can Be A Catalyst For Strategic Change, 2023 Small Business Success Means Prioritizing Innovation And Change, Views From The Battlefield: Four Years Of Lessons On Investing To Build A Circular Economy For Plastic, Leading Through Change: Its Time To Embrace Urgency, High Interest Rates Will Continue To Challenge Most Sectors Of The Economy, A Region Of Extremes: Why Latin America And The Caribbean Is Primed For Solutions In The Plastic Circular Economy. It was already viewed His hedge fund Greenlight Capital posted a record loss, plunging more than 34% due to the continued rise of a so-called bubble basket of tech stocks hes betting against and individual shorts likeNetflix. [4][21], In September 2013 Einhorn secured an investment round of $7 million for Fancy from, among others, Richard C. Perry, owner of Barneys New York, and his son David Perry. Einhorn had also previously secured investment from Franois-Henri Pinault. Right now the market is telling us we are wrong, wrong, wrong about nearly everything. His companys board now includes Pinault, Edward Gilligan, the president of American Express and Jack Dorsey, Twitter Inc.s founder. Personal Investments Number of Investments 1 Remove My Info. This equates to a $500,000 valuation. He also said that Green Mountain had a "litany of accounting questions". to see complete work history. When I was a preteen, I found my dads old guitar in the attic and began exploring the enthralling world of music. . He is from USA. Links are provided for reference only and MyLife.com does not imply any connection or relationship between MyLife.com and these companies. We know that Jack is married at this point. A year later, anE. coli outbreak at Chipotle stores nationwide pummeled the stock. Fair Credit Reporting Act. Einhorn publicly characterized Callan's responses on the call in a negative light and Lehman stock fell sharply. You may not use this site or service or the information provided to make decisions [4][20], Fancy has attracted a number of well-known backers and board members, including American Express, Francois-Henri Pinault, Len Blavatnik, Will Smith, Jack Dorsey of Twitter, and Chris Hughes of Facebook. [1][10], Einhorn is a fan of rap music especially by the artist Drake and has said that Kanye West's blog influenced Fancy's website. Photo of Trevor Einhorn with his car (Source: Instagram@treveinhorn) Additionally, his wife has a total net worth of $2 million resulting from her dance choreography activity. In early February 2013 Einhorn filed a lawsuit against Apple Inc. in a Manhattan court in order to pressure the company to issue dividend-paying perpetual preferred stock as a means of distributing some of its $137 billion in cash to shareholders. Browse our public records directory to see Jack's age, current and past home addresses, mobile phone numbers, email addresses, and known relatives. Jack Einhorn Founder & Investor Miami, Florida, United States 3K followers 500+ connections Join to connect About Investing in high growth startups including AvantStay, Span.io, Cube, Atom. [5], Einhorn was included in Time magazine's Time 100 list of "100 most influential people in the world" in 2013. More All Rights Reserved. This compensation may impact how and where listings appear. #1650 David Einhorn on the 2018 Billionaires - David Einhorn is one of Wall Street's most closely watched investors due to his bold investment calls, both . While a divorce is a difficult legal and financial preceding for any couple, in the case of a billionaire like Einhorn, the matters can get even more complicated to sort out. He was inspired by his father, who had also been a boxer. Then there's Pinterest, which is similar, and then there's us, but we have a price tag. Jessica Einhorn Net Worth Ms. Einhorn BLK stock SEC Form 4 insiders trading Jessica has made over 2 trades of the Blackrock stock since 2017, according to the Form 4 filled with the SEC. Learn more in our Privacy Policy. "[36] Specifically, Einhorn announced short positions on Pioneer Natural Resources and Concho Resources. [13], Einhorn started Greenlight Capital in May 1996 with $900,000 in start up capital. Source of wealth: hedge funds. According to various online resources (Wikipedia, Forbes, IMDB), the most popular American singer-songwriter Jack Johnson's estimated net worth is around $23 Million. New positions and exits The fund's only new material position during the third quarter was Twitter because management continues to believe we are in a bear market. After all, a decade after his legendary bet against investment bank Lehman Brothers, global stock markets erupted in chaos early in theyear and closed near multiyear lows. He was a member of the Sigma Alpha Epsilon fraternity at Cornell. [2] Greenlight Capital's assets under management decreased from approximately US$12 billion in 2014 to about $5.5 billion as reported in July 2018 as the fund was down 11.3% from 2014 through the end of 2017, and a further 34% in 2018. In crypto, Einhorn was right to believe the popping of the bubble would harm graphical processing unit chipmakers selling mining equipment, but he bet big against perennial underperformerAdvanced Micro Devices, which rose 60%-plus for the year and was among Greenlights biggest losers, whereas market leader Nvidia(Einhorn owned someputs) saw its shares plunge 40%. . He is the founder and president of Greenlight Capital, a "long-short value-oriented hedge fund". [2] Over the next decade, the fund experienced annualized returns of 26%, far better than the market. records, Lawsuits, Liens, Bankruptcies & sex offender status for Jack Einhorn. [28] This was a serious case of market abuse by Einhorn and fell below the standards the FSA expects, particularly due to Einhorn's prominent position as President of Greenlight and given his experience in the market. 20. David M. Einhorn (born November 20, 1968) is an American investor and hedge fund manager. Jack's net worth hovers over $250,000 - $499,999 with a yearly income that's about $90 - 99,999. A modern communications curriculum revolving around sharp writing and an ever-changing digital landscape has rounded out Jacks creative pursuits with a tech-savvy and media-fluent skillset that transcends the borders between virtually all mediums. Bernie Madoff was an American financier who ran a multibillion-dollar Ponzi scheme that is considered the largest financial fraud of all time. [1][2][4] High-profile users include Mark Zuckerberg and Kanye West, who has been an outspoken supporter of the site. [28], Einhorn called the 7.2m fine "unjust" and "inconsistent with the law" but said he would pay it "rather than continue an arduous fight"[29] The fine was the second largest levied on an individual in the history of Britain's Financial Services Authority. Who is Randall Einhorn? For more information read our Terms & Conditions and Privacy Policy. David M. Einhorn (born November 20, 1968) is an American investor and hedge fund manager. [47][48], On May 26, 2011, the New York Mets announced that Einhorn had agreed to buy a minority share of the baseball team for $200 million. To be honest, I have never found a way to fully sate my creative appetite - but please look around my site and check out some of the stuff Ive done!. Thank you so much for checking out my site and if youre a potential client, employer, or just want to make a connection - Id love to hear from you via email. Because MyLife only collects this data and does not create it, we cannot fully guarantee its accuracy. See Kenyas sole electricity distributor cited a system disturbance as a possible cause for the blackout. Einhorn was included in Time magazine's Time 100 list of "100 most influential people in the world" in 2013. 2009 - Present, 2004 - 2009, Founder & Chief Executive, Hill House Home, 284565 However, like many other hedge fund managers who thrived during the crisis years, hehas found the roaring recovery in stocks to be perplexing. [4] He has received extensive coverage in the financial press for his fund's performance, his investing strategy and his positions. Check Full Reputation Profile Joseph Einhorn is an entrepreneur and businessperson who is best known as the founder and CEO of the company Fancy, a social e-commerce platform. What is the net worth of Jack's Stands? [8] In 2012, Einhorn co-hosted a fundraiser for the Keeping America Competitive PAC, led by moderate Republican Leonard M. Now I straddle the two crafts as a graphic designer who manages and performs in a touring alternative rock band. The details about his mother and siblings are not revealed yet. Other family members and associates include Tylyn Einhorn, Sierra Einhorn, Joanne Einhorn, Jennifer Orloff and Martine Thevenet Einhorn. Photographer: Kholood Eid/Bloomberg. We surround you with expertise. Since the moment I could first hold a pencil, Ive been drawing and sketching at just about every chance I could get (to the chagrin of many a teacher). Fox Foundation. David Einhorn. In 2019, Greenlight has gained 13.6%, beating the S&P 500. It is highly damaging to market confidence when privileged shareholders commit market abuse, and the high penalty reflects the seriousness of his breach. In 1987, Einhorn graduated from Nicolet High School in Glendale, Wisconsin. Ive done my fair share of cosplay and love going to conventions (when theres not a global pandemic currently happening). Net Worth: $10.4 billion. And it might be only the beginning of an even bigger U.K. commitment to Ukraines rearmament. They accepted an offer from Chris of a $50,000 loan at 2% Interest thus the same valuation. The era of cheap money also meant many of his most prominent shorts like Green Mountain Coffee Roasters were undone by cash-rich buyers. [1], Born in New Jersey,[2] Einhorn graduated from Cornell University,[3] before starting Greenlight Capital in 1996. Jack Taylor & family. The Retail, Wholesale and Department Store Union (RWDSU), yesterday said that, at REI Inc. in Cleveland, Ohio, have voted to join the RWDSU, making this the third unionized REI store in the U.S. According to reports by the Daily Mail and other sources, Einhorn and his wife has separated and are planning to divorce. The congressman supported new gun legislation after a school shooting in Uvalde, located in his district. [1][8] Week in Review | Inside Kazakhstan, Olapic and the Commercial Power of User-Generated Imagery, Building Damir Doma, Linda Wells, The Fancy, BoF Exclusive | The Fancy Raises Additional Funding From Owner of Barneys New York. For more updates about the The BoF 500 subscribe to the Daily Digest newsletter. And yet, looking forward from today we think this portfolio makes a lot of sense.. Ira Einhorn's income source is mostly from being a successful Actor. In September of this year it was revealed that Richard C. Perry, who owns a controlling stake in Barneys New York, injected$7 million into The Fancy, bringing the total amount of capital raised in the companys latest round of funding to $60 million, having alreadyraised $53 million from investors including American Express Co., billionaire Len Blavatnik and actor Will Smith. In a 2012 interview with Hypebeast, Einhorn said that Fancy seeks to become "the new Amazon.com" by creating a social e-commerce platform where users can interact with one another to explore, discover, and . [5] Einhorn shared his thesis on Lehman in November 2007 at the Value Investing Congress.[22]. Who's Searching for You, Relatives, Associates, Neighbors & Classmates, Lawsuits, Liens or Bankruptcies found on Jack's On May 26, 2011, Einhorn called for Steve Ballmer, CEO of Microsoft, to step down after Microsoft had been passed by both Google and Apple[26] in market value. Jack is a seventy-year-old. We have 2 email addresses on file for Jack Einhorn. Here is the full list of the 400 richest Americans for 2014. [6], "Crowdsourced shopping site Fancy attracts 36m in funding", "Check it out: Comic book lending library opens in Carroll Gardens", "Fancy.com Founder Launches Brooklyn's Newest Kid-Friendly Comic Shop", "Loot comic book store is a haven for budding artists", "Inside the comic book store that is inspiring the next generation of artists", "New Library-Like Comic Store Opens In Carroll Gardens: Report", "Kids Get to Create Their Own Superhero Stories at NYC's Newest Comic Book Store", "A Brooklyn comic store inspired by 'Fortnite' is delivering a new kind of experience for kids at a time when comic shops need to adapt to survive", "She's 8 Years Old. Category: Richest Business Wall Street. Even quirkier trades backfired. However, the book is by no means dull. The best result we found for your search is Jack I Einhorn age 80+ in Lake Worth, FL. [6] Fancy noted that it would use the funding to "continue to build out its technology platform and execute on new key strategic partnerships. Background, Court records found on Jack's Family, Joseph Einhorn is an entrepreneur and businessperson who is best known as the founder and CEO of the company Fancy, a social e-commerce platform. Jack is related to Martine Thevenet Thevenet and Tylyn Einhorn as well as 2 additional people. [12] Einhorn graduated summa cum laude from Cornell University with a B.A. and may have previously resided on Avenue I Apt 218 in Brooklyn, New York. [50] On September 1, 2011, the Mets announced that they had ended negotiations to sell minority ownership to Einhorn.[51]. [4][5] In February 2015, Einhorn's company Fancy raised a $20 million Series D strategic funding round which was led by Mexico's Carlos Slim Domit and the CCC holding company. people learn more about others, just like Yelp does for Photographer: Kholood Eid/Bloomberg. Jack and his father appeared on Shark Tank season 8 episode 8 in search of $50,000 for a 10% stake in the company. We expect someone in his position to be able to identify inside information when he receives it and to act appropriately. Examples, History, Benefits, and Types, Bernie Madoff: Who He Was, How His Ponzi Scheme Worked, Entrepreneur: What It Means to Be One and How to Get Started. Special Purpose Acquisition Company (SPAC) Explained: Examples and Risks, FTX: An Overview of the Exchange and Its Collapse, What Is Philanthropy? His net worth has been growing significantly in 2021-2022. In the spring of 2009, as promised in his book Fooling Some of the People All of the Time, Greenlight Capital donated all of the general partner's profits from the shorting of Allied Capital stock (an additional $6 million - Greenlight already donated $1 million in 2005 to Tomorrows Children's Fund - to make a total of $7 million) to three organizations [19] Most of the store's collection consists of superhero comics. Its clear that a number of companies provide products and services to customers that come with a subsidy from equity holders. Einhorn is also rumored to have a large vault of gold at a hidden location in New York City, which Greenlight Capital uses as a means of hedging against inflation. [15] In June 2007, after a lengthy investigation by the U.S. Securities and Exchange Commission (SEC), it found that Allied broke securities laws relating to the accounting and valuation of illiquid securities it held. View FREE Public Profile & Reputation for Jack Einhorn in Key West, FL - See Court Records | Photos | Address, Emails & Phone Numbers | Personal Review | Income & Net Worth view. He is known as a specialist in distressed debt. David Einhorn is one of the world's youngest billionaires and . On this Wikipedia the language links are at the top of the page across from the article title. Randall Einhorn was born on December 7, 1963, in Cincinnati, Ohio, USA. Ira Einhorn Social Network Instagram Linkedin Twitter Facebook '[2][3][20] In a 2012 interview with Hypebeast, Einhorn said that Fancy seeks to become "the new Amazon.com" by creating a social e-commerce platform where users can interact with one another to explore, discover, and purchase items.