Indiegogo hires Reddit’s Andy Yang as new CEO
Indiegogo has a brand new chief. Andy Yang will take over for outgoing CEO David Mandelbrot, who’s stepping down. In line with sources near the corporate, a number of different Indiegogo workers are additionally leaving. Indiegogo has but to verify this declare or state the quantity or motive for his or her departure.
Mandelbrot announced the move on LinkedIn, citing “personal reasons” as why he’s leaving. He was at Indiegogo for six years, beginning as SVP of Operations in August of 2013.
Yang involves Indiegogo at a crucial time for the corporate. Shoppers are more and more turning into jaded by crowdfunding tasks that depart backers with out their promised product. Below Mandelbrot’s management, he helped Indiegogo internet a number of key companions, together with Normal Electrical and Lego. The corporate additionally enlisted the assistance of a number of manufacturing and advertising and marketing professionals to assist backers make tasks into merchandise.
TechCrunch requested an interview with Yang, however has but to be granted that request.