|Farhad Mohit, WG'96
Founder and CEO
Farhad is founder and CEO of DotSpots, a social media distribution platform that enables ordinary people (the wisdom-of-crowds) to enhance the mainstream news with high-quality user generated content, such as in-depth perspectives from the blogosphere, real-time eyewitness videos and on-the-scene photos.
Back in 1996, at the start of his entrepreneurial career, Farhad co-founded BizRate.com, one of the world’s largest and best-known consumer feedback platforms, surveying tens of millions of buyers each year and providing store ratings and customer feedback to help hundreds of millions of online shoppers buy more confidently.
In 1999, Farhad turned his attention to online comparison shopping and created Shopzilla which today is one of the largest shopping sites in the world, facilitating billions of dollars in gross merchandise sales and consistently ranked in the top 50 overall sites worldwide. In 2005, Shopzilla was acquired by E.W. Scripps for $569 million dollars.
A 16-year veteran of the Internet, Farhad has been acknowledged as an e-commerce visionary with numerous awards including Silicon Iran’s Young Entrepreneur of the Year Award in 2002 and Computer World Honors Award for contributions in technology in 2004. A dynamic speaker on the topics of entrepreneurship and the Internet, Farhad has been an invited speaker at MIT, Cal-Tech, Wharton, Harvard, UCLA, USC as well as many other universities and at industry events and tradeshows.
In addition to his entrepreneurial activities Farhad leads an active social and philanthropic life. He is a TED Patron, sits on the board of the Soliya.net, is a board member at the Iranian Scholarship Foundation, and is a founding trustee of The Farhang Foundation.
Farhad holds an MBA in Entrepreneurial Management from the Wharton School, and a double Bachelor of Science in Mathematics/Applied Science and Economics with a specialization in Computing from the University of California, Los Angeles.