Meet Zac Stern, a young visionary with a keen mind in business and love.
Earning a coveted spot at the NYU Stern School of Business was just the beginning of Zac's early success. While still in school, Zac interned at UBS, AIG, Stifel, and Rosecliff Ventures. After realizing that he enjoyed the world of startups, he worked full-time as a VC his Senior year at Stern and was promoted to associate upon graduation in 2020. At the same time, Zac founded an angel investment group with three other friends called O-Ventures, which raised over $1M and funded various top companies within the consumer space.
While working as a venture capitalist, Zac got to see Innovation firsthand and realized after seeing the 50th pitch deck for a dating app that the matchmaking market was oversaturated. Still, no one was looking at what came after the match.
With an ear toward opportunity and a desire to fill an unmet need, Zac went right to work building an app so everyone could have better relationships. Official was born, a next-generation social media app built to help couples have healthier and happier relationships. After being honest with his employer about moonlighting with his project, Zac was congratulated by being flat-out fired. This proved to be a gift, as Official became his sole focus as of October 2020.
After being interviewed by the Mayor of Miami and going viral on TikTok, Official's beta crashed from too many people mobbing the platform. After taking the feedback and putting out an MVP In July, the app once again was overrun with over 85k people signing up for the platform In a week., putting the app at #5 within the US on Apple's Lifestyle Charts.
The team raised from top Investors such as Global Founders Capital, Gaingels, and various notable angels, bringing the funding to 750k.
After a much-awaited hiatus, Official Is back and Is here to redefine what It means to date, and really, what It means to be Official.
|Location||New York, NY|
|Certifications||SIE (Securities Industry Essentials)|
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