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Simon Yu is the CEO & Co-Founder of StormX. StormX allows users to earn cashback in crypto when they shop from stores like eBay, Nike, and 1,000+ stores. At the age of 19, Simon was forced to drop out of college when his parents declared bankruptcy and sold Korean tacos to students around his college campus to start his first business. StormX has raised $45M+ with users across 187+ countries and is also the first blockchain company to be a jersey patch in the NBA with a partnership with the Portland Trailblazers. Simon has also been featured in Forbes, Business Insider, Nasdaq, and has spoken at numerous conferences.
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Co-FounderStormx, Inc.Seattle, Wa, Us -
Ceo And Co-FounderDuelnow Jan 2024 - PresentDuelNow is a peer-to-peer sports prediction platform. DuelNow, a decentralized peer-to-peer (P2P) marketplace, eliminates the house/bookie, significantly cuts fees, and grants users greater control over odds and betting options. -
Co-FounderStormx, Inc. Sep 2015 - PresentDover, Delaware, UsOur mission: Earn anywhere, at anytime, from any device.StormX is changing the way a billion people around the world earn by matching them with tasks and letting them complete small gigs from any mobile device, anywhere in the world, and be rewarded in cryptocurrency. These gigs enable anyone to earn a living and facilitates economic mobility for the millions of unbanked workers and a global remote workforce trending toward freelancing work.-Scaled a project started in a dorm room to a global company with over $47M in funding raising multiple rounds of equity and a successful crowdsale. -Created one of the largest cryptocurrency consumer applications leading user growth on StormPlay to over 3M users across 180+ countries. -2,000 B2B products & services on StormPlay & StormShop including Nike, eBay, Adidas, and more. -Leading a global team spread across 8 countries. As seen in: Nasdaq, Forbes, CNBC, International Business Times, Reader's Digest, Bitcointalk, CoinTelegraph, and Geekwire.-Top 200 privately held tech companies in the pacific northwest. Geekwire 200 -
Angel Investor & LpN/A Jan 2018 - PresentInvestor in early stage tech companies, primarily blockchain companies where I can add value with my experience as a founder. LP of a fund.
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Ceo & Co-FounderBomba Fusion Llc Nov 2014 - Jun 2020- Founder of Seattle's first and best Korean Mexican Fusion food truck. Started with an idea and an initial $100 loan from my dad at age 19 to create one of the most popular food trucks in Seattle. - Partnered up with eight third party vendors to cater daily lunch deliveries to 100+ companies in Seattle including: Amazon, Bill & Melinda Gates Foundation, University of Washington, Nordstrom, Starbucks, Zulily, Moz, law firms, marketing firms, architecture firms, and more.- Drove gross margins up 400% YoY between year 1 and 2. Optimize efficiency, analyze data through Square analytics to reduce food waste and monitor item sales to drive sales across our three sources of operations. - Managing an amazing team of 9 employees who help our business grow each day and help make our customers receive amazing food and service.- Personal Founder story featured on the UW Dailyhttp://www.dailyuw.com/arts_and_leisure/article_24588ec4-e96f-11e4-ba22-17d805cb0ed9.html?mode=storywww.bombafusion.comwww.facebook.com/bombafusion/
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Senior Credit Risk AnalystKeybank Jul 2014 - Nov 2015Cleveland , Ohio, Us- Underwrite prospective and existing clients in KeyBank’s Middle Market credit portfolio through analysis of cash flow, working capital trends, industry risk, and collateral sufficiency. - Conduct financial analysis on many different industries for underwriting including: manufacturers, hospitals, contractors, aerospace, commercial real estate, marketing, and more. - Analyze quarterly audited/reviewed/company prepared GAAP financial statements using Moody’s Risk Analysis to routinely ensure covenant compliance and proper risk ratings are recommended to credit officers. - Work with sales teams and other internal partners to understand changes in client business in order to streamline decision-making and drive thorough analysis for risk rating. -
Financial Analyst InternAmazon Dec 2012 - Jun 2013Seattle, Wa, Us- Built and implemented a new process for miscellaneous vendor checks sent to Amazon. Managed a team of four people in India and Mail Room team to outsource the process to Hyderabad, India. The project identified $14 million in un-deposited funds and increased $70,000 interest income annually. The project led to a significant improvement on free cash flow, controllership, and productivity through a 24 hour turn around. - Identified and fixed defects on multiple reconciliation accounts with Canada through deep dive analysis and automation. Resolved the root cause of over $500,000 in unearned revenue. - Drafted weekly and monthly reports to several financial analysts, managers, and senior managers. - Worked with different teams globally to develop projects and improve productivity. -
Accounting InternBecu Jun 2012 - Aug 2012Tukwila, Wa, Us- Daily general ledger account reconciliation - Daily cash audits of all the BECU Seattle ATMS - Daily coding and data entry of Accounts Payable Invoices - Filed taxes for one of the company’s side organizations - Took over Payroll Accountant’s daily tasks while he went on vacation - Submitted a proposal to effectively target Asian American households. I was able to get a meeting with the Vice President of Marketing and discussed new strategies we could implement for the company. -
Merchant TellerBank Of America Mar 2011 - Jun 2012Charlotte, Nc, Us- Financial advising, cash transaction servicing, and sold new products. - Serviced over 300 clients per day (200 business clients)- Promoted twice within the first six months- Ranked top five in overall performance each quarter, and top ten in referrals within Seattle. - 2011 Seattle Market MVP- High volume cash handling ($60,000 per day) - Specialization in assisting Korean speaking customers -
Owner & FounderPenguin Delivery Jan 2011 - Sep 2011- Started a Korean barbecue taco delivery business, delivering a unique fusion food item to students across campus.- Management of daily operations, prepared daily financial statements, advertising with nearby student organizations, and seek growth opportunities. - Started with $100 and built enough capital to start a food truck.
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Assistant AccountantUniversity Of Washington, Creative Communications Sep 2010 - Mar 2011
Simon Yu Skills
Simon Yu Education Details
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Uw Foster School Of BusinessFinance -
University Of California, BerkeleyEntrepreneurship
Frequently Asked Questions about Simon Yu
What company does Simon Yu work for?
Simon Yu works for Stormx, Inc.
What is Simon Yu's role at the current company?
Simon Yu's current role is Co-Founder.
What is Simon Yu's email address?
Simon Yu's email address is si****@****des.com
What is Simon Yu's direct phone number?
Simon Yu's direct phone number is +120640*****
What schools did Simon Yu attend?
Simon Yu attended Uw Foster School Of Business, University Of California, Berkeley.
What are some of Simon Yu's interests?
Simon Yu has interest in Entrepreneurship, Real Estate, Investment Opportunities, Music, Sports, Stocks And Options.
What skills is Simon Yu known for?
Simon Yu has skills like Financial Analysis, Accounting, Financial Accounting, Banking, Microsoft Excel, Customer Service, Finance, Leadership, Financial Reporting, Auditing, Management, Financial Modeling.
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