Babson College Inducts Care.com Founder and TripAdvisor CEO and Co-Founder Into Academy Of Distinguished Entrepreneurs®

Established in 1978, the Academy of Distinguished Entrepreneurs^® is the world's first entrepreneurship hall of fame. It includes more than 100 notable business figures such as Robert Kraft H'02, Founder, Chairman, and Chief Executive Officer of the Kraft Group; Ray A. Kroc, former CEO of McDonalds; Richard Branson, Chairman of the Virgin Group; and Steve Forbes, President and Chief Executive Officer of Forbes.

"Our newest inductees serve as models of inspiration for Babson students and alumni, not only for their use of entrepreneurial thought and action to notice and act on trends, but also for their contributions in consumer tech," said Candida G. Brush, Vice Provost of Global Entrepreneurial Leadership at Babson College. "We encourage and celebrate pursuits in technology-based entrepreneurship here at Babson College, and are excited to present Sheila Lirio Marcelo and Stephen Kaufer as Academy honorees."

The Academy of Distinguished Entrepreneurs Ceremony

Thursday, November 10, 2016 at 6 p.m.
Babson College Wellesley campus

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Sheila Lirio Marcelo

Sheila Lirio Marcelo is the founder, chairwoman, and CEO of Care.com. Her inspiration to found Care.com stemmed from both her personal and professional experiences. A young mother with two small children who also became part of the "sandwich generation" caring for her parents at an early age, Marcelo was challenged to find quality care solutions. She knew this problem was not unique to her family and that there had to be a better solution than the yellow pages. Her career firmly rooted in technology, she knew that was the answer and founded Care.com in 2006.  Today, the company is the world's largest online destination for finding and managing family care, with more than 20.7 million members in 18 countries.

Marcelo's passion for technology developed during her time as a management consultant and a teaching fellow at Harvard Business School. Her growing appreciation for the power of technology to help solve real problems for people led her to Upromise, where she was vice president of product management and marketing for the service that helped families save for college, and then to executive search engine TheLadders.com, where she was vice president and general manager. Following TheLadders.com, she was an Entrepreneur in Residence at Matrix Partners, where she developed the plan for Care.com.

As Care.com has grown and scaled, she has been honored with numerous accolades, including one of the Top 10 Women Entrepreneurs at Fortune's Most Powerful Women Summit (2009) and in Fortune magazine (2014), the youngest recipient of the lifetime award by Harvard Business School, the Harvard Business School Alumni Achievement Award (2014), and bestowed one of the highest honors for Filipinos, the Filipino Heritage Award or Pamana ng Pilipino from President Benigno Aquino III of the Philippines. 

Marcelo also is a Henry Crown Fellow with the Aspen Institute (Class of 2012), was awarded a Marshall Memorial Fellowship (Class of 2011), and named a Young Global Leader by the World Economic Forum (Class of 2011).

She is a board trustee of the Philippine Development Foundation, a non-profit organization that works with the Philippine government on education, innovation, and entrepreneurship initiatives. In addition, she sits on the advisory board for the Harvard Business School Rock 100 Entrepreneurs Summit, and is an adviser to several start-up companies.

She founded WomenUp.org in 2010 to increase women's roles in the global economy by providing leadership training, mentorship, and support to girls and women through every stage of their lives and careers. A frequent speaker on women in technology and female entrepreneurship and leadership, Marcelo has spoken alongside President Obama at the White House Summit on Working Families (2014), with global political and business leaders at the World Economic Forum (2013, 2015), and to emerging female leaders at Harvard University (2013) and CEOs at Northeastern University (2013).

She graduated magna cum laude with a degree in economics from Mount Holyoke College, which also conferred upon her an honorary Doctorate of Humane Letters in 2015. She earned her JD and MBA degrees with honors and the Dean's Award from Harvard University.

Stephen Kaufer

Stephen is the CEO and Co-Founder of TripAdvisor. He co-founded TripAdvisor in 2000 with the mission to help travelers around the world plan and book the perfect trip. Under his leadership, TripAdvisor has grown into the largest travel site in the world. As CEO, Kaufer has led the growth of TripAdvisor, Inc., which includes 24 other travel media brands that operative in 48 markets worldwide.

Prior to co-founding TripAdvisor, he was president of CDS Inc., an independent software vendor, and prior to that, was co-founder and vice president of engineering of CenterLine Software. Kaufer holds several software patents. 

He has won a number of awards for his entrepreneurship and leadership in the travel industry, including being inducted into the 2015 British Travel & Hospitality Hall of Fame and receiving the 2015 Pioneer Award by the International Society of Hospitality Consultants and the 2005 Ernst & Young Entrepreneur of the Year Award.

Kaufer is on the board of directors at Glassdoor; CarGurus; and the Neuroendocrine Tumor Research Foundation. He earned his degree in computer science from Harvard University.

About Babson College

Babson College is the educator, convener, and thought leader of Entrepreneurship of All Kinds^®. The top-ranked college for entrepreneurship education, Babson is a dynamic living and learning laboratory where students, faculty, and staff work together to address the real-world problems of business and society. We prepare the entrepreneurial leaders our world needs most: those with strong functional knowledge and the skills and vision to navigate change, accommodate ambiguity, surmount complexity, and motivate teams in a common purpose to make a difference in the world, and have an impact on organizations of all sizes and types. As we have for nearly a half-century, Babson continues to advance Entrepreneurial Thought & Action^® as the most positive force on the planet for generating sustainable economic and social value.

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