From career breakthroughs to professional milestones, explore how Brad Gerstner made an impact.
Bradley Thomas Gerstner is an American investor and hedge fund manager, recognized as the Founder, Chairman, and CEO of Altimeter Capital. He gained prominence through Altimeter Capital's strategic and profitable investments in companies such as Snowflake and Grab, leading to his inclusion in the 2022 Forbes Midas List. Gerstner's expertise lies in identifying and capitalizing on opportunities within the technology sector, establishing him as a key figure in the investment landscape.
In 1993, Brad Gerstner graduated summa cum laude from Wabash College with a bachelor's degree in Economics and Political Science.
In 1996, Brad Gerstner graduated from Indiana University Maurer School of Law with a Juris Doctor degree and subsequently practiced securities law and served as Deputy Secretary of State of Indiana.
In 2000, Brad Gerstner graduated from Harvard Business School with a Master of Business Administration degree.
From 2005 to 2008, Brad Gerstner worked as a Portfolio Manager for PAR Capital.
In 2008, Brad Gerstner concluded his role as Portfolio Manager for PAR Capital.
In 2008, Brad Gerstner founded Altimeter Capital in Boston, Massachusetts, with less than $3 million from friends and family during the financial crisis.
In January 2016, Brad Gerstner and Altimeter Capital contested with United Continental Holdings to change the company's board of directors due to poor performance. This resulted in United Continental Holdings changing its board.
In October 2022, Brad Gerstner penned an open letter to Meta and Mark Zuckerberg, criticizing the company's excessive workforce and slow decision-making, suggesting a 20% headcount reduction and limiting Metaverse investments to $5 billion per year. Subsequently, Meta laid off over 11,000 employees.
In 2022, Brad Gerstner appeared on the Forbes Midas List after Altimeter Capital's successful investments in Snowflake and Grab.
In late 2022, Brad Gerstner and Altimeter Capital acquired Nvidia shares despite market predictions of a stock market crash.
In early 2023, Brad Gerstner purchased additional Nvidia shares, even after the stock price soared after ChatGPT debuted, predicting an 'AI supercycle'.
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