Jessica Mah | |
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Born | 1990 New York, NY, USA |
Nationality | American |
Education |
Simon’s Rock UC Berkeley |
Occupation | Founder & CEO |
Employer | inDinero |
Website | JessicaMah.com |
Jessica Mah (born May 18, 1990) is an American entrepreneur and the Founder/CEO of inDinero. She is best known for identifying serious flaws in inDinero's original business model and pivoting the business to financial success.
Mah has received PR coverage in a number of magazines and publications, most notably on the cover of Inc. magazine's 5000 issue in 2015 and as Forbes' 30 Under 30.
Mah was born in New York and grew up in Westchester County. Her parents both immigrated to the United States from Hong Kong, and her mother runs her own apparel business. Mah started her first business in 2001 at the age of 11, after teaching herself to code in the fifth grade.
Mah dropped out of high school at the age of 15 to pursue an education with Simon’s Rock College. In 2007, she enrolled at UC Berkeley, where she studied computer science and met inDinero co-founder, Andy Su. She graduated at the age of 19.
While still at Berkeley in 2008, Mah founded InternshipIN with Arielle Patrice Scott and operated as the technical lead. The site helped match students with internships.
In 2009, Mah developed a financial management site which allowed small businesses real-time expense tracking. This site would go on to be the prototype that eventually became inDinero. At the accelerator Y Combinator, Mah raised a seed fund of $1.2 million for her idea. The 20 angel investors included such high-profile names as Jawed Karim, Dave McClure, Keith Rabois and Jeremy Stoppelman.
In 2011, she was profiled by Inc. magazine as part of their 30 Under 30 feature. Around the same time, she was also profiled by Tech Crunch. However, inDinero was struggling. Although the company had many small business users, the majority were not subscribing to the premium parts of the software. The company reached its last $150,000 when Mah and Su began to make drastic changes, including visiting couples therapy.