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Shaival Shah
Co-Founder & CEO at Ribbon
Shaival Shah is the founder of Ribbon, a modern home buying platform that provides all-cash certainty to clients by empowering real estate agents, brokerages, and lenders with capital, technology, and expertise.
With a background in operating and investing, Shaival Shah has held key roles at reputable companies like LendingClub, Hunch, Electronic Arts, SundaySky, and Oddcast. His experience ranges from leading strategic development to business development and corporate finance.
Shaival Shah's educational journey includes a Master of Business Administration (MBA) from NYU Stern School of Business, a Bachelor of Science in Electrical Engineering, and a Bachelor of Arts in Economics from the University of Illinois at Urbana-Champaign.
Passionate about building high-functioning teams and innovative products, Shaival Shah enjoys deconstructing markets and creating new business models.
He has also been associated with top organizations like Ashler Capital and Citadel in roles focusing on research process & analytics, treasury, portfolio finance, cash & collateral management, and program management.
Backed by prominent investors such as NFX, Bain Capital Ventures, Greylock, and NYCA, Shaival Shah continues to make significant contributions to the real estate and technology sectors.
Highlights
Today, we share that we have joined forces with EasyKnock to form one unified company to simplify the homebuying and homeselling process.
In 2017, we set our foundational mission to make homeownership achievable. We saw far too many examples of discrimination in housing, inequity in the homebuying process, and lack of options for everyday homeowners. The homeownership gap is impossible to ignore. We believed that consumers deserve choice and that everyone deserves a fair opportunity.
We were the early pioneers of a brand new homeownership category - Powerbuying - that we are excited to see continue to help more and more people. We built a strong community and network of 100,000 agents and lenders, to help simplify and facilitate a more seamless home transaction. And the combination allowed us to be one of the fastest growing brands in the market. It has been a true honor to help tens of thousands of families over the years – and being customer-first is a magical way to live.
All of this was built over the years by an incredibly talented and motivated team. Everyday, Wei and I were inspired by the deep purpose that everyone brought and the conviction to fight for those that are not being seen. I want to thank everyone who has been a part of the Ribbon journey, from our earliest founding team members to our team today. I also want to thank our incredibly supportive board, investors and lenders, and to all of our partners who have rooted for us over the last five years.
A very special thank you to my co-founder, Wei Gan, one of the sharpest people I have met, with unassailable integrity. So much of the joy, progress, innovation and team building starts with great co-founder respect, which we were so fortunate to have.
Lastly and most importantly, I want to say thank you to my wife, Dareen Hakim. As a founder herself, she encouraged me to take the leap 5 years ago. She brought great counsel and a steady hand as I went through the wild emotions of starting a company. Yet, she also endured more than what she signed up for and bore the majority of the sacrifices required to support an always-evolving founder journey. I am forever grateful to her, for giving me the space to explore myself and to build Ribbon.
Onward and upward!
