Steve Newcomb

Educational Institution; 11-50 employees; Higher Education industry

September 2009 – April 2010 (8 months)

Privately Held; 11-50 employees; Think Tanks industry

May 2008 – February 2010 (1 year 10 months) Incubated 1BOG, Carrotmob and GreenOptions Media

Virgance uses the power of social networks to create positive change through positive activism. The company is a ground breaking approach to building a B Corporation (a new type of company that has doing good as part of its charter) that launches various campaigns on Facebook and other social networks that drive change that has a positive effect on the environment and other social issues.

April 2008 – February 2010 (1 year 11 months) Funded by LightSpeed - sold to Zynga

Top social game on Facebook acquired by Zynga.

Privately Held; 51-200 employees; Internet industry

December 2005 – October 2007 (1 year 11 months) Funded by Peter Thiel, FoundersFund and Foundation Capital - sold to MSFT

Sold to Microsoft for ~$100 million.

All divisions of the company reported up to Mr. Newcomb in his role as COO including engineering, network operations, data center operations, product development, marketing, finance, human resources and administration.

Mr. Newcomb was in charge of building the team (70 people) at Powerset from the ground up, executing the development of the product and raising capital for the company.

Privately Held; 11-50 employees; Internet industry

December 2006 – September 2007 (10 months)

Jaxtr is a social communications company based in Palo Alto, CA. Jaxtr was founded in October 2005 by Phillip Mobin and Touraj Parang with the mission to bring voice to social networks and blogs. With the free jaxtr service, users link their phones with their online network to hear from callers worldwide while keeping their existing phone numbers private.

Privately Held; 11-50 employees; Computer Software industry

2004 – January 2006 (2 years)

General manager of Promptu mobile division with responsibilities for P/L, marketing, business development, corporate development and product development direct reports.

After serving CEO as an advisor for Promptu TV (a private company backed by Motorola, Scansoft and leading Venture Capital firms), Mr. Newcomb was asked to head up the efforts to create a new mobile division. Created the initial vision, completed funding, hired team and managed the operational execution of building Promptu's voice enabled mobile search product lines.

Manages operational budget for 40+ people, builds and engages in executive level relationships with carrier and strategic partners and negotiates definitive agreements with customers.

Venture Capital & Private Equity industry

2002 – 2004 (2 years)

Mr. Newcomb was General Manager and founder of Nekei, where he built a product marketing consulting company comprised of leading visionaries from Microsoft, Moxi, WebTV, Sun, Verisign and Intel. At Nekei, Mr. Newcomb advised CEOs at a wide variety of public and private companies on the roll out of new Internet, Voice, Video and Mobile product lines.

France Telecom (Orange Wireless, Wanadoo, MaLigneTV)
Building business models to support integrated mobile and television products that integrate voice, video, data and mobile services.

Promptu TV (Voice Controlled TV)
Advised Board of Directors and CEO on funding completing 22M funding round.

Entone (IP Video on Demand)
Advised CEO on businees model and funding strategy leading to a 16M fund raise

Privately Held; 11-50 employees; Events Services industry

2000 – 2002 (2 years)

Sold to Intellisync (Nokia)

Founded a company to connect the mobile, television and home networking devices under an integrated middleware platform resulting in a single user interface across all platforms. Completed product and went to market in 1 year, solidified relationships with core telecommunication operators, mobile OEMs, set top manufacturers. Acquired in 2002 by Intellisync then Nokia.

Public Company; 1001-5000 employees; Information Technology and Services industry

1998 – 2000 (2 years)

Public in 1999 and sold to DiData for ~$400 million

Responsible for the creation of telecommunications division with Proxicom, grew division to $40 million per year in revenue, managed a team of 40 strategy and engineering resources. Acquired by Dimention Data in 2000 for $400M

SBC
Worked with senior management team of SBC to create and execute a plan to build a 400 person division focused on completing the DSL rollout and building a team to focus on laying media and Internet products on top of the DSL service

Public Company; 10,001+ employees; STL; Oil & Energy industry

March 1993 – May 1998 (5 years 3 months)

Eastern Energy sold to Statoil for a little more than $2 billion.

Responsible for software engineer for North American operations including real time trading systems, credit management systems and futures trading systems. Managed an internal team of 25 with 3 direct reports.

Served under executives in Stavanger Norway, London, Washington DC and Houston, Texas.