Megha Tolia

4 min read Jun 26, 2024
Megha Tolia

Megha Tolia: From Stanford to Building a Billion Dollar Company

Megha Tolia is the co-founder and former CEO of Caviar, a food delivery service that was acquired by Square in 2014. Tolia is a tech entrepreneur known for her sharp business acumen and her ability to build successful companies from the ground up. Here's a look at her journey from a Stanford grad to a leader in the food delivery industry:

Early Life and Education

Tolia was born and raised in India, and she moved to the United States to pursue her education. She attended Stanford University, where she earned a Bachelor of Science degree in Computer Science and a Master of Science degree in Management Science and Engineering.

Building Caviar

After graduating from Stanford, Tolia worked as a product manager at Google. It was there that she met her future co-founder, Jason Swett, and the two decided to create Caviar.

The idea for Caviar came from their own experiences trying to order food from popular restaurants that didn't offer delivery. The company launched in 2012 and quickly gained popularity, with Tolia leading the company as CEO.

Caviar's Success

Caviar's success was built on a curated approach to food delivery. The company focused on partnering with high-quality restaurants and providing a premium experience for customers. This strategy proved successful, and Caviar quickly became a leader in the food delivery industry.

Square Acquisition

In 2014, Square acquired Caviar for a reported $95 million. The acquisition brought Caviar's technology and expertise in food delivery to Square's existing platform. Tolia remained with Square for some time after the acquisition, helping to integrate Caviar into the company.

Tolia's Legacy

Megha Tolia's journey is an inspiring story of entrepreneurship and innovation. She built a successful company that revolutionized the food delivery industry, and her work at Caviar has had a lasting impact on the tech world. Tolia's story is a testament to the power of hard work, creativity, and a commitment to building something meaningful.