πŸ“– Biography

Stacy Brown-Philpot was raised by a single mother in Detroit and studied her way to the Wharton School at the University of Pennsylvania, later earning her MBA from Stanford. After working in investment banking at Goldman Sachs and accounting at PricewaterhouseCoopers, she joined Google in 2003.

Over nearly a decade at Google, Brown-Philpot led global operations for Search, Chrome and Google+, headed online sales and operations for Google India, and founded the Black Googler Network, a key initiative for Black employee representation at the company.

In 2016 she became CEO of TaskRabbit, making her the first Black woman to lead a Silicon Valley technology company. She guided TaskRabbit's 2017 acquisition by IKEA and its expansion into over 100 markets worldwide before stepping down in 2020 to help lead SoftBank's Opportunity Fund, and later founded her own investment firm, Cherryrock Capital.

πŸ•°οΈ Timeline
2003
Joins Google as a financial director.
2012
Becomes entrepreneur-in-residence at Google Ventures.
2013
Joins TaskRabbit as Chief Operating Officer.
2016
Becomes CEO of TaskRabbit β€” the first Black woman to lead a Silicon Valley tech company.
2017
Leads TaskRabbit's acquisition by IKEA.
2020
Steps down as CEO; joins SoftBank's $100M Opportunity Fund.
2023
Launches Cherryrock Capital, investing in underrepresented founders.
πŸ† Achievements
  • β˜…First Black woman to serve as CEO of a Silicon Valley technology company
  • β˜…Led TaskRabbit's expansion to over 100 markets and its acquisition by IKEA
  • β˜…Founder of the Black Googler Network at Google
  • β˜…Founder and Managing Partner, Cherryrock Capital
We're on a mission to change the face of wealth creation and build an enduring institution over the next 20 years.
β€” Stacy Brown-Philpot, on founding Cherryrock Capital
πŸ•ŠοΈ Legacy
Brown-Philpot's rise from COO to CEO of TaskRabbit broke new ground for Black women in Silicon Valley leadership, and her subsequent investment work at SoftBank and Cherryrock Capital continues to open capital access for underrepresented founders.
πŸ’‘ Leadership Lessons
  • β†’Build the internal network your company doesn't yet have.. She founded the Black Googler Network during her time at Google.
  • β†’Take the COO role as the training ground for the CEO seat.. She served as TaskRabbit's COO for three years before becoming CEO.
  • β†’Use your platform to fund the founders who look like the one you once were.. Her post-CEO career has centred entirely on investing in underrepresented entrepreneurs.