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Yasin Abbak

CEO / CoFounder of GroupUps and The Convoy

Yasin Abbak is the CEO and Co-Founder of GroupUps, a company established in July 2021 that focuses on creating a marketplace for small and medium-sized businesses (SMBs) to simplify the buying and selling of complex equipment. Under his leadership, GroupUps aims to leverage group purchasing to secure better pricing for its clients, thus enhancing their purchasing power. The company has recently gained recognition by being selected for the Startup Battlefield 200 at TechCrunch Disrupt 2024, showcasing its innovative approach in the industry.13

Professional Background

Yasin Abbak has a diverse professional history:

  • The Convoy: He also serves as the CEO and Founder of The Convoy, which provides enterprise-level pricing solutions for SMBs, starting in June 2021.
  • Fantasy Life: Prior to these roles, he was the CEO of Fantasy Life from June 2016 until May 2021, a fantasy sports app that he successfully sold.
  • Boomset: Abbak was involved as a Private Investor and Advisor for Boomset from November 2012 to May 2021.
  • Paired Media: He co-founded and served as CEO from June 2014 to June 2017.
  • Financial Services: His earlier career includes significant roles at Morgan Stanley and JP Morgan Chase as an Executive Financial Services Director and Vice President, respectively.124

Education

Yasin is currently studying Economics, Political Science, and Middle Eastern Studies at Drew University, indicating a strong academic foundation that complements his entrepreneurial endeavors.1

Skills and Recognition

Abbak is recognized for his strong sales acumen, analytical skills, and natural leadership abilities. He is fluent in Turkish and has been actively involved in various advisory roles, including serving on the board of the American Heart Association and American Stroke Association.24

His work at GroupUps not only focuses on financial savings for businesses but also aims to empower them through collective purchasing strategies.

Highlights

May 19 · pod.co
GroupUps' Yasin Abbak Saves Dentists $$ With Group Purchasing
Here's who's backing Scot Wingo's new rolling fund for Triangle ... - The Business Journals
Here's who's backing Scot Wingo's new rolling fund for Triangle ... - The Business Journals
Apr 21 · Business Insider
Startup CEO Cuts Costs, Preserves Funds to Avoid Layoffs: Sports - Business Insider
Startup CEO Cuts Costs, Preserves Funds to Avoid Layoffs: Sports - Business Insider

Related Questions

What inspired Yasin Abbak to start GroupUps?
How did Yasin Abbak's experience at Morgan Stanley influence his entrepreneurial journey?
What are some key achievements of GroupUps under Yasin Abbak's leadership?
How does The Convoy differ from GroupUps in terms of services?
What challenges did Yasin Abbak face when selling Fantasy Life?
Yasin Abbak
Yasin Abbak, photo 1
Yasin Abbak, photo 2
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Experience

CEO / CoFounder at GroupUps, CEO / Founder at The Convoy
CEO at Fantasy Life (June 2016 - May 2021), Private Investor and Advisor at Boomset (November 2012 - May 2021), CoFounder | CEO at Paired Media (June 2014 - June 2017), Executive Financial Services Director at Morgan Stanley (August 2012 - September 2014), Vice President at JP Morgan Chase (October 2009 - August 2012), American Heart Association | American Stroke Association (August 2014 - January 2017), Advisor at Gamified Commerce Corp (October 2015 - June 2016)

Education

Drew University

Location

Raleigh-Durham-Chapel Hill Area