Startup company CEO, former VC, husband and father of 4
I am a co-founder and CEO of Analyte Media, an ecommerce company in the area of consumer health products and services. My professional passion is in identifying pools of unmet market demand and creating value by satisfying that demand with innovative, web-based products and services.
Prior to Analyte, I was an entrepreneur and venture capital investment professional with a track record of significant value creation investing in and operating early and expansion stage web-based businesses, with particular emphasis on the online marketing services and online consumer services sectors. I was a co-founder of two companies in the 1990's, one of which generated a 7X gain to its investors. I have been an investor and/or active advisory board member in ten private companies, including Sina (Nasdaq: SINA), comScore (Nasdaq: SCOR), Feedburner (Nasdaq: GOOG, via acquisition), TicketsNow (Nasdaq: IACI, via acquisition) and iXL (Nasdaq: MSFT, via acquisition). Eight of the ten companies have generated positive realized returns for its investors, with the last two companies still private.
Since 1992, I have occupied each of the four principal positions in the entrepreneurial ecosystem, in order: 1) a bootstrapped CEO / entrepreneur, 2) a professional venture capitalist, 3) a full-time angel investor and 4) now currently a VC-backed CEO / entrepreneur.
As a professional venture capitalist at Flatiron Partners, my portfolio accounted for the investment of $71 million into private companies, which generated 5.8X multiple returned and a 145% annual internal rate of return. As a full-time angel investor managing an ad hoc fund that included outside capital sources, I created a portfolio whose average company generated 11.3X multiple returned and a 125% annual internal rate of return.
I received a Bachelor of Science in Industrial Engineering from Purdue University in 1988 and a Masters of Management from the Kellogg School of Management at Northwestern University in 1993. I'm an alumni of the Kauffman Fellows Program (Class 4) at the Center for Venture Education. I live in Chicago, IL, with my wife and four young children. I enjoy coaching my kids in various sports leagues and enjoy most sports as a participant or spectator, as well as losing myself in high-quality movies, TV, live theater and music.