10 Things You Didn’t Know About Ryan Cohen

Ryan Cohen, the ambitious entrepreneur and business magnate, has made a name for himself as the co-founder and former CEO of Chewy, an online pet retailer that revolutionized the industry. However, there is more to this remarkable individual than meets the eye. From his early beginnings to his latest ventures, here are 10 fascinating facts about Ryan Cohen that you probably didn’t know.

1. Passion for Entrepreneurship

Ryan Cohen has always had a passion for entrepreneurship, even from a young age. At only 13 years old, he launched his first business, selling baseball cards online, which eventually grew into a highly successful enterprise. This early experience and determination set the stage for his future accomplishments.

Cohen’s drive for entrepreneurship continued to flourish as he co-founded Chewy in 2011, transforming it into a billion-dollar company in just a few short years. His relentless pursuit of success and ability to identify emerging market trends has propelled him to great heights within the business world.

2. Self-Taught Coder

Not only is Ryan Cohen a skilled entrepreneur, but he also possesses an impressive technological prowess. Cohen is entirely self-taught when it comes to coding, allowing him to understand the intricate workings of software development and web design. This knowledge has been instrumental in the success of Chewy, where he played a vital role in developing and optimizing the company’s e-commerce platform.

Cohen’s coding abilities have given him a unique edge in the business world, enabling him to navigate the ever-changing landscape of digital commerce successfully. His commitment to continuous learning and staying ahead of technological advancements has been crucial in his entrepreneurial journey.

3. Animal Rights Advocate

While Chewy focuses on providing pet supplies, Ryan Cohen’s passion for animals extends beyond his e-commerce ventures. Cohen is a dedicated advocate for animal rights and welfare. He actively supports various animal welfare organizations and promotes responsible pet ownership.

Cohen’s commitment to animal rights is not just limited to financial contributions. He has also implemented company policies within Chewy that prioritize positive animal welfare practices, such as the refusal to sell puppies or kittens sourced from breeders. His drive to make a difference extends beyond the business realm and into the betterment of the lives of our furry friends.

4. Gaming Enthusiast

In addition to his business interests, Ryan Cohen is an avid gaming enthusiast. He has expressed a lifelong passion for gaming and has even stated that he used to lie about his age to compete in video game tournaments at a younger age. Cohen’s love for gaming has influenced some of his business decisions, including his recent foray into the video game industry.

In early 2021, Cohen made headlines when he acquired a significant stake in GameStop, a struggling video game retailer. This acquisition was driven by his desire to transform GameStop into a digital-first gaming company and capitalize on the growing trend of e-commerce in the gaming industry. Cohen’s love for gaming continues to shape his entrepreneurial ventures.

5. Early Investor in Apple Stocks

As an entrepreneur with a keen eye for emerging market trends, Ryan Cohen has made some remarkable investment decisions. One of his most notable moves was his early investment in Apple stocks. Cohen recognized Apple’s untapped potential and the innovative capabilities of its products early on.

His investment in Apple stocks proved to be incredibly lucrative, with the company experiencing significant growth and becoming one of the most valuable tech companies globally. This early success in the investment world further solidified Cohen’s reputation as a shrewd businessman.

6. E-commerce Visionary

Ryan Cohen’s vision for the potential of e-commerce has been a driving force behind his successful ventures. He recognized the future shift in consumer behavior towards online shopping and capitalized on this trend by co-founding Chewy. By providing exceptional customer service and a user-friendly platform, Cohen transformed Chewy into a leading online pet retailer.

His ability to envision the possibilities of e-commerce has propelled him to become one of the most influential figures in the industry. Cohen’s innovative thinking and determination to revolutionize traditional retail have been at the core of his entrepreneurial pursuits.

7. Philanthropy Efforts

Beyond his influence in the business world, Ryan Cohen is also dedicated to giving back. He has actively engaged in philanthropic efforts, supporting various charitable organizations.

Cohen’s philanthropy encompasses causes such as education, healthcare, and environmental conservation. He firmly believes in using his success and resources to make a positive impact on society.

8. Lifelong Learner

Ryan Cohen’s thirst for knowledge and self-improvement is evident throughout his career. He is known for constantly seeking new opportunities to learn and grow as both an entrepreneur and an individual.

Whether it be through attending conferences and workshops or reading extensively about various subjects, Cohen’s commitment to continuous learning has been vital in his ability to adapt to an ever-evolving business landscape.

9. Revolutionary Approach to Customer Service

One of the key factors that set Chewy apart from its competitors was its customer-centric approach. Ryan Cohen realized early on the importance of exceptional customer service in building a successful e-commerce business.

Cohen’s revolutionary approach involved implementing personalized customer experiences, including handwritten notes and surprise gifts for pet owners. This emphasis on customer satisfaction helped Chewy build a loyal customer base and gain a competitive edge in the market.

10. Future Ventures

After selling Chewy in 2017, Ryan Cohen has not slowed down. One of his most notable recent ventures is his involvement in the transformation of GameStop, with the aim of revitalizing the struggling retailer by shifting its focus to e-commerce.

In addition to GameStop, Cohen has shown interest in other potential investments, particularly within the technology and e-commerce sectors. His entrepreneurial spirit remains strong, and there is no doubt that he will continue to make waves in the business world.

From his early business ventures to his philanthropic endeavors and pioneering efforts in e-commerce, Ryan Cohen has proven himself to be a dynamic and influential figure. Through his achievements, he has left an indelible mark on the business landscape, forever changing the way we approach entrepreneurship. Ryan Cohen’s story serves as an inspiration to aspiring entrepreneurs, emphasizing the value of passion, innovation, and unwavering determination.

Useful links:

Ryan Cohen’s Official Website

Chewy – Online Pet Retailer

GameStop – Video Game Retailer