founded
march 2010
located
san francisco, ca
team
23 payment aficionados and growing
purpose
enable new forms of commerce
We're obsessed with all forms of infrastructure, including communications, transportation, energy, waste management, and payments. Robust infrastructure creates a happier, more productive, and more prosperous society. You know exactly what I mean if you've traveled somewhere where you struggled to find a reliable Internet connect or even usable roads. You also know what I mean when you sit in traffic or struggle with public transportation (or lack thereof) in the US.

Balanced was created to increase the global economy (increase GDP) by enabling new commerce. Our mechanism or facility to do that is payments. Everything else we do depends on how it fits into the vision for Balanced.
founders
pictured above from left to right
mahmoud abdelkader
co-founder and cto
Mahmoud joined Matin at Balanced in January 2011 during the Y Combinator Winter 2011 session -- just after his previous employer, Milo.com, was acquired by eBay. Mahmoud was employee #4 at Milo.com where he designed automated product matching systems. He built high-frequency trading algorithms for Wachovia Securities before that. Mahmoud grew up in NY and Maryland after moving from Egypt.

Mahmoud graduated Magna Cum-Laude with a BS in Computer Engineering from University of Maryland, College Park, but actually learned to code by reverse engineering World of Warcraft.
matin tamizi
co-founder and ceo
Matin founded Balanced -- previously called PoundPay -- in March 2010 as a real-time alternative payments system, but started focusing specifically on marketplaces after hearing payments horror stories from several marketplace founders. Matin was employee #2 at Milo.com where he built automated product categorization tools before founding Balanced. He managed an $11MM service line in Europe for JDSU before that. Originally from Iran, Matin grew up in Maryland, where he first became obsessed about payments.

Matin finished college in three years with a BS in Computer Engineering from University of Maryland, College Park where he built DDoS prevention algorithms.
jareau wade
co-founder
Jareau joined Matin and Mahmoud in May 2011. Before that, he was the 1st employee and head of data acquisition at Milo.com where he Managed 60% of Milo's employees and designed many of their data acquisition systems. Prior to Milo, Jareau was a founding faculty member of a a technology-entrepreneurship training institute in Ghana.

Jareau holds a BSE in Electrical Engineering from University of Pennsylvania where he built emergency personnel tracking systems using GPS.
team
andrew imam
{
engineer
}
10th engineer at Hulu
timothy nguyen
{
legal and compliance
}
Stanford / UVA law / California bar association
marshall jones
{
engineer
}
built payments back-end for largest commerce site in New Zealand
marc sherry
{
engineer
}
coding since age 5.
damon chin
{
designer
}
designed this website
manisha ramchandani
{
marketplace consultant
}
how can I help you be successful?
patrick cieplak
{
engineer
}
understanding all the data
catherine chang
{
finance operations
}
Corporate Controller of Evite, Ebates, Facebook, and Twitter
andrew nossiter
{
operations
}
writer that fell in love with payments
dalyte kodzis
{
executive assistant
}
keeps everything in order
ben mills
{
engineer
}
contributed to open source Balanced projects for a year prior to working at Balanced
matthew francis-landau
{
engineer
}
the only intern that survived Summer 2013
noah kantrowitz
{
devops
}
master chef
steve klabnik
{
philosopher in residence
}
ideas, standards, collaboration, and advocacy
victor lin
{
engineer
}
recurring billing connoisseur
kyungmin kim
{
engineer
}
designer turned into engineer
kimling lam
{
marketing
}
storyteller and shiba inu owner
david macquart
{
account management and partnerships
}
whatever it takes
carlos rodriguez
{
engineer
}
seƱor js developer
richie serna
{
engineer
}
former biz dev who went full dev
backers
andreessen horowitz
backed Github, Airbnb, Lyft, Pinterest
y combinator
backed Dropbox, Airbnb, Heroku
sv angel
backed PayPal, Google, Square, Airbnb
yishan wong
reddit ceo, Facebook director of engineering
brian chesky
Airbnb co-founder and ceo
ashton kutcher
backed Skype, Square, Flipboard, Zaarly
paul buchheit
FriendFeed founder and Gmail creator
ronnie cheng
built chargeback processing for Facebook
justin mitchell
built infrastructure for Facebook photos
yun-fang juan
wrote ad serving algorithm for Facebook