Carter Reum is a venture capitalist and entrepreneur from the United States. He is most known for founding M13 Ventures, a venture capital business. Carter is also a co-author of the book “Shortcut Your Startup: Ten Ways to Boost Entrepreneurial Success.”
He was born in Wayne, Illinois, in the United States of America, on February 5, 1981. Robert and Sherry Reum were his parents when he was born. His father, Robert, was also a businessman. His father was the chairman, president, and CEO of Amsted Industries, a Chicago-based company that Forbes ranked as one of the country’s largest private companies. On February 4, 2017, his father passed away.
In 2003, he graduated from Columbia University with his brother Courtney and sister Halle, who is married to Oliver Hammond. He was initiated into the Delta Chapter of the Zeta Beta Tau Fraternity at Columbia University.
As of November 2021, Carter’s net worth is estimated to be approximately $40 million. Through his successful business career and appearances on a few television shows, he has made the most of his money. In August 2021, he and his wife, Paris, paid $8.4 million for an oceanfront home in Malibu. His net worth will definitely rise in the next years as a result of his improving career trajectory.
After graduating from Columbia University in New York City, he started working for a venture capital firm in Sydney, Australia. In 2014, he returned to New York and joined Goldman Sachs as an investment banker. He got his start investing in companies including Lyft, SpaceX, Warby Parker, and Pinterest.
The sale of the alcohol spirit brand “VEEV” was announced in 2010. According to research, the company generated $5 million in revenue in 2009. When he sold the company for more than seven times its annual income, he made a huge profit.
He has been on a variety of networks, including CBS and Fox, as a guest and pundit, as well as in episodes of the television series Hatched. As a contributor, he writes for Huffington Post and Inc. He is a co-founder of M13, an investment firm that was founded in 2016. Other investors in the company were Arianna Huffington and Richard Branson. Owners who want to expand their company through their organization benefit from his operational experience and strategic counsel. The corporation’s headquarters are in Santa Monica, California. In February 2021, the company raised an additional $275 million in investment.
Random House and Penguin Books published Shortcut Your Startup: Ten Ways to Speed Up Entrepreneurial Success in 2018. Courtney, his brother, and he worked together on the book. In the book, his experiences are used to teach entrepreneurs how to attain their goals. They draw on their experience developing Veev as well as lessons learned over the years from investing in businesses such as SpaceX, Lyft, Pinterest, and Warby Parker.
Carter and his brother began investing in other businesses while developing VEEV Spirits, providing firsthand expertise, direction, and funding to several start-ups. Carter and Courtney sold majority ownership in VEEV Spirits to a larger firm in April 2016, allowing them to launch M13 and focus on their consumer brand stewardship.