Indiegogo has a brand new chief. Andy Yang will take over for outgoing CEO David Mandelbrot who’s stepping down. In keeping with sources near the corporate, a number of different Indiegogo staff are additionally leaving. Indiegogo has but to verify this declare or state the quantity or purpose for his or her departure.
Mandelbrot introduced the transfer on LinkedIn, citing “private causes” as the rationale he’s leaving. He was at Indiegogo for six years beginning as SVP of Operations in August of 2013.
Andy Yang involves Indiegogo from Reddit the place he was most not too long ago main its product workforce. He was beforehand the CEO of 500px.
Yang involves Indiegogo at a important time for the corporate. Shoppers are more and more changing into jaded by crowdfunding tasks that go away backers with out their promised product. Beneath Mandelbrot’s management, he helped Indiegogo internet a number of key companions together with Common Electrical and Lego. The corporate additionally enlisted the assistance of a number of manufacturing and advertising professionals to assist backers make tasks into merchandise.
TechCrunch requested an interview with Yang, however has but to be granted that request.