David Bohnett

David C. Bohnett (born April 2, 1956) is an American philanthropist and technology entrepreneur.

He is the founder and chairman of the David Bohnett Foundation, a non-profit, grant-making organization devoted to improving society through social activism.

Bohnett was born in Chicago, Illinois in 1956, and grew up in Hinsdale, an affluent Chicago suburb, with Republican parents.

His father was a business executive and his mother was a preschool teacher.

In his youth, Bohnett experienced the isolation and pain of being gay, first in his conservative suburban hometown, and then in 1978 in college when his first lover, from a small-town Indiana Catholic family, committed suicide.

Bohnett became active in gay rights at graduate school at the University of Michigan, beginning in the fall of 1978 as a hotline counselor at the Jim Toy–founded University of Michigan Lesbian and Gay Male Program Office, now called the Spectrum Center.

As an openly gay MBA student, he volunteered to go to freshman psychology classes and, looking like an average Midwesterner, said to the students, "I'm gay, ask me anything."

He received his MBA in finance from University of Michigan's Ross School of Business in 1980.

Bohnett had been a staff information systems consultant at Arthur Andersen from 1980 to 1983 and, unable to be openly gay in that world, he had left to work at software companies instead.

As his career in software was progressing, and shortly after Schrader's death, he searched for a way to tie together the software and activist sides of his life.

Around this time the World Wide Web was just starting to be introduced, and he felt compelled to be a part of it.

When he returned to Los Angeles after graduate school, he became involved with GLAAD and the Los Angeles Gay and Lesbian Center, came out to his parents, and in 1983 entered a longterm relationship with fellow activist and openly gay judge Rand Schrader, 11 years his senior.

When Schrader died in the AIDS epidemic in 1993, Bohnett, like many surviving same-sex partners prior to marriage equality, was left with no legal spousal benefits and a significant estate tax bill.

He did however receive $386,000 from Schrader's life insurance.

Bohnett founded the pioneering social networking site GeoCities in 1994; the highly successful site went public via an IPO in 1998, and was acquired by Yahoo! in 1999.

In 1994 Bohnett's business and software expertise, and his interest in giving people a voice and a chance to meet people of similar interests, led him to develop GeoCities.com, with John Rezner as co-founder and chief technical officer.

GeoCities was one of the first web hosting companies and one of the first social networking sites on the internet, an early forerunner of MySpace and Facebook.

It allowed users to engage in a variety of innovative activities – create their own free webpages, organized into communities of interest; connect with others online; express their passions, creativity, and individuality; and engage in e-commerce.

The site grew very rapidly, receiving millions of users who set up webpages; at its peak it ultimately reached 38 million pages, created by individual users.

By 1997 it was the fifth most popular site on the internet, with over one million users.

Since then he has invested in technology start-ups via Baroda Ventures, a Los Angeles–based venture capital firm he started in 1998.

The company went public in 1998, nearly doubling its initial share price in its first day of trading; Bohnett used the increased funding to add various features including a search engine, numerous tools and templates which made page creation easy and which completely bypassed any need for HTML coding, and social tools which made it easy to interact.

GeoCities also hosted business sites, sites for world news, and shopping sites.

By December 1998 it was the third most visited internet site, and had 41 theme-based interest categories called "neighborhoods", whose topics ranged to areas as varied as fan fiction, fine dining, arts and literature, campus life, computers and technology, investing and finance, individual sports and recreational activities, education and philosophy, politics, family, kids' interests, chat and romance, the environment, travel, home life, cooking, health, fan pages, entertainment genres, women, and multiple international-interest pages.

By 1998 Bohnett's success with GeoCities allowed him to begin investing in other technology companies, and he founded Baroda Ventures, a Los Angeles–based venture capital firm which makes early-stage investments in tech-related ventures.

Baroda's investments focus mainly on consumer internet, e-commerce, mobile, SaaS, and digital media industries, with a particular interest in companies based in Los Angeles.

Some of Baroda's investments have included SteelHouse, Retention Science, ID90T, Surf Air, DogVacay, and Gamesville.

Bohnett has become actively involved in many of Baroda's investment vehicles.

These include NetZero, Stamps.com, Xdrive, LowerMyBills.com, Wireimage, OVGuide, FilmOn, and Online Partners (the parent company of Gay.com).

In each of these he has maintained a significant investment stake, directorship, and active involvement with the entrepreneurs and management team.

He has also been a board member of NCR Corporation.

Immediately after selling his popular internet social-network company GeoCities to Yahoo!

Yahoo! Inc. purchased GeoCities during the dotcom boom in 1999 for $3.57 billion, and Bohnett netted about $300 million.

in 1999, Bohnett turned his attention to activism.

He created the David Bohnett Foundation, "a nonprofit grant-making organization focused on providing resources for organizations pursuing societal change and social justice through activism", with an initial endowment of $32million.

GeoCities was the first large internet venture built on user-generated content, and in 2008 TechRadar cited it as #2 in its list of "20 websites that changed the world".

His sister Wendy Bohnett Campbell is a past president of the board of the Dayton Philharmonic, and his brother William is a retired corporate attorney and was on the national board of the Smithsonian Institution from 2009 to 2018.

Bohnett was interested in business at an early age, selling Amway products and delivering newspapers.

In high school he became fascinated by computers, and chose to attend college at the University of Southern California – where he received a BS in business administration – because it was one of the few universities at the time with a computer science program.

He put himself through college by waiting tables, guiding tours at Universal Studios, and other service jobs.