Speaking Biography for Casey Fenton
Founder Upstock, Couchsurfing, Ego Hacking
More than 20 years ago, Casey Fenton gave himself an objective; to hack his own destiny. He dreamed of having a positive impact on the world, but how does one person from a small town in Maine create real change?
As an introvert and programmer, Casey Fenton explored the intersect of humanity and technology which resulted in him founding Couchsurfing, the world’s greatest trust experiment, and growing the platform to more than 15 million members.
Casey Fenton is passionate about bringing people together and creating win-win systems where game mechanics work out such ways that everybody gets more. In 2010, he was elected to the Ashoka Fellowship for contributing new ideas for improving human well-being.
Most recently he has founded UpStock, a bold replacement for the antiquated stock option system that provides Fortune 1000 equity for all businesses. Casey Fenton is also the co-founder of the personal reputation platform Wonder which provides 360-degree feedback to give individuals insights into how others perceive them on life´s most important questions.
Casey Fenton continues his work with helping humanity solve some of the non-obvious problems of today by teaching others how to hack their egos and thereby destiny and become the people they aspire to be and not just dream of being.
FOUNDER AND CEO
2015 - Present
Fortune 1000 Worker Equity as a Service
Instantly install a top-shelf worker equity plan with a motivational dashboard.
Upstock is proven to dramatically increase worker output.
Worker equity - a trillion-dollar market ripe for disruption
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Worldwide, 1 in 70 people try to start a company each year, but only 30% of them are able to survive to become legally incorporated. In the US, approximately 90% of businesses fail in the first 2 years. Why?
The answer: The challenge of getting many people to trust each other and work together.
Equity is meant to solve this, but most times, it fails. Many new founders experience the equity chicken-and-egg problem. How can you distribute equity when you don't have enough cash to hire competent attorneys? Handshake and napkin agreements result, often killing the company.
Established small and medium sized companies experience a similar problem. Due to budget and time constraints, they can not afford an equity system that actually delivers on its promise to meaningfully increase output. The result is not getting full buy-in from key workers.
What if there were a way to simplify these legal issues while reducing cash burn?
“The value of employee equity (outside of formal ESOPs) is probably close to a trillion dollars,” said Corey Rosen recently, Founder, National Center for Employee Ownership (38 years researching the equity market).