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Bryan Johnson
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===Braintree=== Johnson formed the idea for Braintree while he was working at a part-time job selling credit card processing services to businesses, work that he took to help pay his bills while the real estate venture encountered difficulty.<ref name=Stories>{{cite web|title=Founder Stories at 1871: Braintree's Bryan Johnson|url=http://doejo.com/blog/founder-stories-at-1871-braintrees-bryan-johnson/#.VGTuPfnF9EM|publisher=Doejo|date=July 12, 2012}}</ref> Johnson became the top salesperson out of 400 nationwide, breaking previous sales records.<ref>{{cite web|url=https://signalvnoise.com/posts/2800-bootstrapped-profitable-proud-braintree|title=Bootstrapped, Profitable, & Proud: Braintree|last1=Linderman|first1=Matt|date=March 8, 2011|publisher=Signal v. Noise|access-date=1 May 2015}}</ref> When Johnson moved from Utah to Chicago to attend graduate school at the University of Chicago Booth School of Business, he continued working for the same card-processing company. Nine months after accepting a management position at [[Sears]], Johnson formed Braintree and approached some of his old customers to solicit their business.<ref name=Where /> Johnson has said his goal was to improve customers’ payment experiences—something he saw lacking—and to build an “exceptional” company that both his team and their customers would love.<ref name=Where /><ref name=Stories /><ref>{{cite web|url=http://osfund.co/about|title=About|publisher=OS Fund|access-date=4 May 2015}}</ref> Braintree’s rapid growth was spurred by clients in the technology industry including [[OpenTable]], [[Uber (company)|Uber]], [[Shopify]],<ref name=Stories /> [[Airbnb]],<ref name=USAT>{{cite web|url=https://www.usatoday.com/story/tech/2013/09/26/paypal-braintree-acquisition/2874891/|title=PayPal agrees to acquire Braintree for $800 million|last1=Barr|first1=Alistair|date=September 26, 2013|publisher=USA Today|access-date=3 May 2015}}</ref> and others. The company was 47th on [[Inc. (magazine)|Inc.]] magazine’s 2011 list of the 500 fastest-growing companies<ref>{{cite web|url=http://www.inc.com/inc5000/list/2011/|title=The 2011 Inc. 5000|publisher=Inc.|access-date=3 May 2015}}</ref> and 415th in 2012.<ref>{{cite web|url= http://www.inc.com/inc5000/list/2012/400/|title=The 2012 Inc. 5000|publisher=Inc.|access-date=3 May 2015}}</ref> That year, Braintree purchased Venmo, a startup that lets users send and receive money from each other electronically, for $26.2 million.<ref>{{cite web|url=http://bits.blogs.nytimes.com/2012/08/16/payments-start-up-braintree-buys-venmo-for-26-2-million/?_r=0|title=Braintree, a Payments Company, Buys Venmo for $26.2 Million|last1=Wortham|first1=Jenna|date=August 16, 2012|publisher= The New York Times|access-date=3 May 2015}}</ref> While Johnson received $25,000 to start the company after winning a business plan competition from the University of Chicago in 2007,<ref name=Startup>{{cite web|url=http://www.chicagobusiness.com/article/20110629/NEWS08/110629815/startup-braintree-gets-funding-from-accel-partners|title=Startup Braintree gets funding from Accel Partners|last1=Pletz|first1=John|date=June 29, 2011|publisher=Crain’s Chicago Business|access-date=3 May 2015}}</ref> he otherwise [[bootstrapped]] the company before raising venture capital — $34 million in a Series A investment from Accel Partners — in June 2011.<ref>{{cite web|last1=Kim|first1=Ryan|title=With $35M in new funding, Braintree wants to take payments global|url=https://gigaom.com/2012/10/17/with-35m-in-new-funding-braintree-wants-to-take-payments-global/|publisher=Gigaom|date=October 17, 2012}}</ref> <ref>{{cite web|last1=King|first1=Rachel|title=Digital payments platform Braintree raises $35M in VC funding|url=http://www.zdnet.com/digital-payments-platform-braintree-raises-35m-in-vc-funding-7000005938/|publisher=ZDNet|date=October 17, 2012}}</ref><ref>{{cite web|last1=Lynley|first1=Matthew|title=Q&A With Payments Start-Up Braintree, Flush With $35 Million|url=https://techcrunch.com/2012/08/16/online-payments-service-braintree-acquires-venmo-for-26-2m/|publisher=Wall Street Journal|date=October 19, 2012}}</ref> At the time, Braintree was processing about $3 billion in credit card payments annually and generating $10 million in revenue.<ref name=Startup /> By September 2013, the company announced it was processing $12 billion in payments annually, with $4 billion of that on mobile.<ref>{{cite web|url=http://pando.com/2013/09/20/mobile-payments-are-one-third-of-braintrees-business/|title=Mobile payments are one-third of Braintree’s business|last1=Deamicis|first1=Carmel|date=September 20, 2013|publisher=Pando Daily|access-date=3 May 2015}}</ref> Shortly afterward, on Sept. 26, 2013, the company was acquired by eBay for $800 million.<ref name=USAT /> <ref>{{cite web|last1=Chowdhry|first1=Amit|title=eBay Buys Braintree For $800 Million To Accelerate Its Mobile Payments Revenue|url=https://www.forbes.com/sites/amitchowdhry/2013/09/26/ebay-buys-chicago-based-braintree-for-800-million/|publisher=Forbes|date=September 26, 2013}}</ref><ref>{{cite web|last1=Bomkamp|first1=Samantha|title=EBay buying Chicago-based Braintree|url=http://articles.chicagotribune.com/2013-09-26/business/chi-ebay-buying-braintree-20130926_1_online-payments-pioneer-mobile-payments-braintree|publisher=Chicago Tribune|date=September 26, 2013}}</ref>
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