Material Bank

As Co-Founder and Chief Business Officer of Material Bank, Farshid Tafazzoli is focused on corporate growth initiatives, from strategy to execution, and key strategic partnerships across all business units. Farshid has worked alongside Adam Sandow since the earliest days as Chief Technology Officer to build out Sandow’s vision to create the world’s largest material marketplace for architectural, design and construction materials.

Farshid’s background is in fintech as Co-Founder of Trade Station Group, one of the early electronic brokerage firms on Wall Street. Farshid held a variety of key roles as he expanded the company from a concept to the 6th largest online broker-dealer. From managing a single office operation to expanding worldwide in Equity, Options, and Futures markets, Farshid helped grow the firm to over 400 employees by organic and strategic acquisitions. Farshid was a key contributor to the company’s IPO and ultimate sale to a Japanese Bank.

After TradeStation Group, Farshid continued to create other technology-based Wall Street fintech firms that focused on delivering proprietary data utilized for primary and secondary research purposes.

Shortly after divesting from these ventures, SANDOW brought in Farshid to bring to life category firsts such as Beauty DNA, the world’s first algorithm-based Beauty Engine, followed by the inception of Material Bank. Now valued at almost $1.9 billion dollars, Farshid leads many of Material Bank’s acquisitions, building out a vast network servicing the interior design industry worldwide.

This week on EntreArchitect Podcast, Material Bank with Farshid Tafazzoli.

Connect with Farshid online at Material Bank, or find him on LinkedIn.

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