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Ran Reske
Ran Reske is a successful entrepreneur and venture capitalist with a diverse background in business and technology. Here are some key details about his career and accomplishments:
Professional Experience
Ran Reske is currently the Co-Founder and Co-CEO of Resident, a house of digitally-native brands in the home goods category.1 Some notable aspects of his role at Resident include:
- Overseeing all aspects of the business, focusing on operational efficiency, strategic partnerships, manufacturing, and customer service1
- Leading the company to nearly $250 million in gross sales in 2018, its second year in business1
- Building a workforce of 250 employees across 5 countries and 15 cities1
Prior to Resident, Ran's professional experience includes:
- Leading early to late-stage venture investments at Norwest Venture Partners, focusing on e-commerce, media, and mobile companies1
- Heading corporate development divisions at Amdocs and Pamplona Capital Management1
- Working in the investment banking division of Citigroup, where he advised on strategic transactions1
Entrepreneurial Ventures
In addition to Resident, Ran Reske has been involved in other entrepreneurial ventures:
- Founder of Witlee, a social shopping and discovery platform that leverages user-generated content to drive commerce
- Co-founder of Groupster, which, despite facing challenges, provided him with valuable lessons in execution and unit economics2
Education and Background
- Born in Israel and raised in Kenya, giving him a global perspective1
- Holds a degree in mechanical engineering, which has proven valuable in his problem-solving approach to business2
Recent Developments
Resident, the company Ran co-founded, was recently acquired by Ashley Furniture.3 This acquisition marks a significant milestone in Ran's entrepreneurial journey, as Resident has grown to become a billion-dollar brand in the home goods industry.3
Ran Reske's diverse experiences across venture capital, investment banking, and entrepreneurship have shaped his approach to building and scaling businesses, particularly in the e-commerce and consumer goods sectors.