Zulily co-founder Mark Vadon in a 2011 interview

This Seattle tech exec saw his net worth skyrocket $500 million today

Zulily’s shares jumped more than 35 percent today after Wall Street applauded the Seattle online retailer’s fourth quarter earnings, which blew right past analysts’ estimates. The performance even got CNBC’s Jim “Mad Money” Cramer hyperventilating with excitement. But there’s one person who benefitted more than anyone with today’s news: Zulily chairman Mark Vadon. Vadon, the… Read More

Zulily co-founder Mark Vadon in a 2011 interview

Seattle’s new billion dollar man: Here’s who scored in Zulily’s spectacular IPO

Zulily’s initial public offering today represented a huge milestone for the Seattle company. It also made the founders and venture capitalists fabulously rich. Take, for instance, 43-year-old Zulily co-founder and chairman Mark Vadon who was able to maintain a 31.4 percent stake in the company through multiple rounds of financing. Vadon’s 35.4 million shares now… Read More

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Zulily’s Mark Vadon: ‘This is more QVC than Amazon’

I’ve been absolutely fascinated by the meteoric rise of Zulily, the Seattle daily deal site which now boasts more than four million members who turn to it every day to get discounts on baby gear, kids’ clothing and maternity wear. But is a Zulily a fast-growing technology company or just a flash in the pan?… Read More

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Daily deal site Zulily raises $43 million at huge valuation of more than $700 million

Plopped in the middle of Zulily’s Seattle office is a colorful cardboard rocket ship marking the entrance to the company’s HR and recruiting department. It’s a popular destination. The daily deal site for baby and children’s products has already outgrown three office buildings and mushroomed from two co-founders to 240 employees since it was founded… Read More