Eddie Lim

Co-Founder, Point
Palo Alto, California,United States
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Who Is Eddie Lim?

Total Experience26 years
CompanyPoint
CountryUnited States

Eddie Lim is a seasoned entrepreneur and the co-founder and CEO of Point, a leading financial technology company that helps homeowners access their equity without taking on new debt. A prominent figure in the tech industry, Eddie has a proven track record of building and scaling innovative consumer-focused companies. Before founding Point, he was the co-founder of Yik Yak, the anonymous social media app that achieved viral success and a valuation of around $400 million in the mid-2010s. His journey, marked by both meteoric success and valuable lessons from setbacks, has defined him as a resilient and insightful leader. His expertise lies in product development, user growth, and navigating the complex landscapes of both consumer tech and fintech.

Eddie Lim LinkedIn pageCompany Website

How Did Eddie Lim's Career Path Shape Their Journey?

Eddie Lim's work history includes a series of influential roles in various companies. Here is a detailed list of his professional journey:

Point - Co-Founder(2015 to Present)
TXN - Co-Founder / Board Member(2014 to 2018)
Yub, Inc. - Co-Founder(2012 to 2014)
TrialPay, Inc. - Co-Founder & CTO(2006 to 2013)
Facebook - Product Design(2006 to 2006)
Metails - Co-Founder & CTO(2003 to 2006)

What Are Eddie Lim's Key Achievements?

Co-Founder & CEO of Point

Co-founded Point in 2018, a pioneering fintech company that provides homeowners with access to their home equity without taking on new debt. Under his leadership, Point has raised over $170 million in funding and established itself as a leader in the home equity investment (HEI) market.

Co-Founder of Yik Yak

Co-founded the anonymous social media app Yik Yak in 2013, which achieved viral growth on college campuses, reaching a valuation of approximately $400 million and becoming one of the most downloaded social apps in the US.

Forbes 30 Under 30 - Consumer Tech

Recognized in the 2015 Forbes 30 Under 30 list for his significant impact on consumer technology as the co-founder of the rapidly growing social media application, Yik Yak.

Early Role in a Successful Acquisition

Played a key role on the product team at TrialPay, a transactional advertising company, contributing to its growth and eventual acquisition by Visa in 2015.

What's Eddie Lim's Educational Background?

B.A., Computer Science

Harvard University - Year 1998

Degree Program

Upper St. Clair High School - Year 1994

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Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance

Company Overview

Point
Total employees350
HeadquartersPalo Alto
Founded2015

Point is a financial technology company that offers a home equity investment (HEI) platform, providing an alternative to traditional debt-based options like home equity loans or HELOCs. The company allows homeowners to access their home equity by selling a fractional share of their property to investors. This enables homeowners to receive a lump-sum of cash without taking on new debt, interest, or monthly payments. In return, Point shares in the home's future appreciation or depreciation when the home is sold or the owner buys back the share.

Company Website
Point Funding Information
Unknown - Total Funding Raised
$115M - Most recent funding amount
5 - Number of funding rounds
May 25, 2022 - Latest funding round
Lead Investors:
Andreessen Horowitz
WestCap
Prudential Financial
Ribbit Capital
Greylock Partners
Atalaya Capital Management
Valar Ventures

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