
Managing Partner - The Hatchery
Greater New York City Area

Managing Partner - The Hatchery
Greater New York City Area
CFO/COO: INTERNET/WEB 2.0/FINANCIAL SERVICES
Finance, Operations & Strategic Planning, MBA/CPA
Unique mix of Finance and Operations. 20+ years of experience growing firms. Achieved successful exits and turnarounds in both the Software-as-a-Service (Internet) and Financial Service segments. Experience with VC’s, Investment Bankers and Banks. Developed strategic partnerships with Fortune 500 Firms. Deep experience in Accounting, Finance and Operations. Designed and managed implementation of accounting and business systems.
Successful Exits • Valuations • Term Sheets • Financing • Contract Negotiations • Growth 200%+
Strategic Planning • Regulatory/Compliance • Operational Models • Board/Shareholder Presentation
Pricing • Budgets • Projections • Working Capital Management • Accounting Staff • Tax Filings
Financial Systems: Accounting, Billing, CRM, Sales, T&E, and Investment Management
Finance, operations and technology
(Financial Services industry)
January 2000 — Present (10 years )
(Privately Held; 11-50 employees; Information Technology and Services industry)
August 2000 — March 2007 (6 years 8 months)
Software service (Internet) company providing outsourced messaging and compliance to financial services firms (BD, RIA, HF), industry leader (per Gartner), sold to mindSHIFT Corp in 2007.
Successful turnaround and exit: sold to mid-sized venture-backed firm. Refocused firm in financial services vertical with new services targeted toward broker-dealers, hedge funds, and investment advisors. Managed financial restructuring including buyout of former shareholders, debt financing, and equity fund-raising. Managed both angel and venture fund raising. Managed search and hired investment bank resulting in multiple offers. Led due diligence and all details of sale. Built finance and operations systems and processes. Improved working capital management by creating innovative billing system – fully automated, delivered by Internet. Developed firm-wide computer system which managed customers throughout their lifecycle.
(Privately Held; 11-50 employees; Investment Management industry)
May 1998 — July 2000 (2 years 3 months)
Developed firm valuation model used to set firm-wide goals for compensation and shared ownership. Responsible for firms finances including monthly reporting package for ownership. Managed capital; balancing ownership draws with operational investments for growth. Overhauled staff, working extensively with CEO to develop employee career paths and training levels. Created sales/investment team structure, a key determinant to future expansion.
(Financial Services industry)
September 1993 — April 1998 (4 years 8 months)
Finance and Operations Principal (Series 27 required for Broker Dealers). Responsible for computing and forecasting 15c3-1 Net Capital Requirements for Broker-Dealers, ensured all transactions and reports comply with NASD and SEC Regulations. Collaborated extensively with investment bankers on sale to National Westminster Bank, plc, developing models and working with outside professionals, consummating in a $135MM sale.
(Information Technology and Services industry)
August 1991 — September 1993 (2 years 2 months)
Principal, Consulting Firm, Los Angeles (1991-1993)
System analyst, database design and implementation
(Privately Held; 10,001 or more employees; Accounting industry)
October 1988 — July 1991 (2 years 10 months)
Auditor and consulting: banking, real Estate and Japanese practice
(Public Company; 10,001 or more employees; Aviation & Aerospace industry)
October 1983 — May 1988 (4 years 8 months)
Hardware and system design, military avionics
BSEE , Computer Engineering
Accounting
Web 2.0 Expo NYC & Radar Meet-Up