Eric Schiffer

Eric Schiffer is a venture capitalist, real estate developer and business advisor to retail companies. He is a principal of Gratitude Ventures and Au Zone Investments. Eric was CEO of 99¢ Only Stores from 2005 to 2013, and its President from 2000 to 2004. He joined the company in 1991 when it had 24 stores in Los Angeles, and as an operations executive, helped lead its profitable growth to over 300 stores across multiple states and $1.5 billion in sales. Eric oversaw its successful NYSE IPO in 1996 and $1.6 billion “going private” transaction in 2012. Previously, he was a venture capitalist for Oxford Partners and an electrical design engineer for Texas Instruments. He received an M.B.A. from Harvard Business School and an engineering degree from Duke University. Eric and his spouse live in Los Angeles and have four adult children. He serves on the boards of the Ronald Reagan UCLA Medical Center and The Posse Foundation.