Zappos CEO Tony Hsieh Bought Out One of Meetup’s Shareholders

"I think he wants a cut of the profit as we keep growing over the long-haul."

Earlier this month, Meetup CEO Scott Heiferman announced the newest member of the Meetup cap table: Zappos front man Tony Hsieh. “indeed, tony (zappos ceo) bought out one of our shareholders,” Mr. Heiferman wrote in a company-wide email.

“i’m thrilled–because tony is a true hero of great companies, cultures, customer experience, community and it can’t hurt to have another hsieh around,” he added, referring presumably to Richard Hsieh, Meetup’s lead software engineer here in New York. Read More