Summary
Overview
Work History
Education
Skills
Timeline
Generic
Babak Farrokh-Siar, Jr.

Babak Farrokh-Siar, Jr.

Rolling Hills Estates,,CA

Summary

  • Results-driven technology and fintech executive with a strong track record of successfully developing revenue growth strategies across diverse industries to propel business expansion in mission-driven organizations.
  • Demonstrated expertise in both B2B and B2C companies, creating focused team visions, setting strategic directions, managing P&L, and scaling innovative partnerships that expand market reach, revenue, and growth.
  • Proven leadership skills building highly effective teams and establishing an high-performance culture characterized of excellence, collaboration, accountability, and success.

Overview

23
23
years of professional experience

Work History

Strategic Advisor & Consultant

Various
Los Angeles , CA
01.2022 - Current

Advise executive leadership on developing, improving, or refining go-to-market strategies, organizational vision, sales approaches, and optimizations.

  • Enhance decision-making processes to improve key business metrics.
  • Create strategic revenue frameworks to support the scalability of start-ups.
  • Identify potential partners and alliances that can drive growth and strengthen the company's competitive advantage in the marketplace.
  • Provide executive-level guidance on long-term planning initiatives, efficiency enhancements, and scalability.

Chief Revenue Officer

Bumped Inc.
Los Angeles, CA
10.2021 - 03.2023

Heavily recruited to lead the team as Chief Revenue Officer and CEO-in-waiting, tasked with establishing a new vision, go-to-market strategy, business expansion, and operational recalibration.

  • Refined the product direction, go-to-market strategy, sales pipeline, and long-term business plan, resulting in immediate positive impacts on business results, company culture, and market momentum.
  • Developed new go-to-market and revenue strategies that expanded the sales pipeline by 300% and secured five first-time partnerships within 12 months with major clients, including a tier-one credit card issuer and two leading loyalty companies.
  • Co-directed P&L efforts, ensuring accurate budgeting and precise forecasting while co-managing all business functions, board activities, and investment fundraising initiatives.
  • Led strategic reorganization and recruitment efforts to enhance operational effectiveness and manage the burn rate effectively.
  • Cultivated a renewed spirit of collaboration among the product, marketing, operations, compliance, and growth teams.

VP, Head of Business Development & Partnerships

Acorns
Irvine, CA
06.2016 - 09.2021

Recruited by the CEO to develop a business strategy aimed at driving organizational revenue expansion for a new product concept.

  • Reported directly to the CEO and led all aspects of the business development process, including strategy formulation, forecasting, budgeting, revenue growth, partnership development, partnership management, and reporting.
  • Represented Acorns at market events, venture capital forums, and industry conferences to promote the company's success, educate potential investors and customers, build relationships, and enhance the brand's visibility.
  • Built a top-tier national business development team of fifteen, focused on data-driven results, a strong company culture, and effective cross-functional collaboration with colleagues.
  • Identified key new market opportunities and established groundbreaking, first-of-its-kind, multi-year partnerships with prominent brands in the fuel, rideshare, and telecommunications sectors.
  • Successfully achieved significant revenue growth and established hundreds of partnerships, increasing annual recurring revenue (ARR) by over 20-30X from year one to year five.

Advertising Partnerships

Apple Inc.
Culver City, CA
08.2010 - 04.2016

Tasked with implementing significant changes for West Coast business expansion while aligning to Apple's business and product principles.

  • Generated significant new business revenue through first-time partnerships with multi-year structures, generating revenue north of $10M annually, with consistent ongoing year-over-year growth of 10-20%.
  • Received the team MVP award three times and recognized among the top global sales executives in the division.
  • Built strong relationships with C-suite executives at leading companies across various industries.
  • Led the development of innovative marketing strategies across various divisions at Apple.
  • Offered position to spearhead the opening of the AUS/NZ market for the division.

Senior Account Executive

MySpace
Beverly Hills, CA
09.2008 - 08.2010

Recruited to MySpace to provide a fresh and unique perspective to enhance revenue.

  • Consistently outperformed annual fiscal objectives by 10% to 50% while building strong relationships within consumer and entertainment account portfolios.

Account Executive

MTV Networks
Santa Monica, CA
09.2005 - 09.2008

Joined as Account manager, quickly elevated for exceptional work ethic.

  • Generated over $40M in national television advertising revenue across multiple platforms, consistently exceeding revenue goals and earning the National MVP Award.

Senior Media Buyer

Kovel/Fuller
Culver City, CA
11.2004 - 09.2005

Applied extensive agency buying and strategic expertise to drive investment growth for existing clients.

  • Established one of the agency's largest deals by fostering a relationship with Disney Interactive, resulting in $2M in funding.

Media Buyer

Carat
Santa Monica, CA
03.2002 - 11.2004

Served as lead media buyer for a full roster of national accounts

  • Led negotiations and coordinated national TV media purchases, campaign management and reporting.

Education

Bachelor of Science - Business Administration/Entrepreneurship

University Of Southern California

Skills

Conference Speaker MMA, TAP, and Apple Global Sales

Three-time team MVP at Apple; Excellence Award MTV

Mentor at USC's Marshall School of Business

President and Board Member of DLPOA and PVGSL

Timeline

Strategic Advisor & Consultant

Various
01.2022 - Current

Chief Revenue Officer

Bumped Inc.
10.2021 - 03.2023

VP, Head of Business Development & Partnerships

Acorns
06.2016 - 09.2021

Advertising Partnerships

Apple Inc.
08.2010 - 04.2016

Senior Account Executive

MySpace
09.2008 - 08.2010

Account Executive

MTV Networks
09.2005 - 09.2008

Senior Media Buyer

Kovel/Fuller
11.2004 - 09.2005

Media Buyer

Carat
03.2002 - 11.2004

Bachelor of Science - Business Administration/Entrepreneurship

University Of Southern California
Babak Farrokh-Siar, Jr.