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    Ashesh C Shah (alex)

    Ashesh C Shah (alex)

    Founder @Thelondonfund @coupond co @Engin @Solo . co-f @good-co & @Black Duck Software. 7 patents. Created world's first INFLUENCE fund, deploying $1B.

    Angel New York City Williams College '92
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    Experience
    Good&Co
    Exit
    Good&Co
    Co-founder, Investor, CFO 2013 - 2017 (over 4 years)
    Good.Co is a San Francisco based Techstars-incubated company creating a bottom up, employee-first solution to fix hiring and retention. Think OKCupid meets LinkedIn.

    Roughly... more 50% of new hires won't last more than 18 months due to a bad culture fit, costing companies on average $50,000 and 6 months of time. Good.Co is fixing hiring and retention using a scientific, people-first approach to personal strengths identification as a way to quantify workplace culture fit.

    Employing research-driven psychometrics with provocative design mapped to the social graph, Good.Co aims to help employees thrive in their careers and help employers develop better workplaces.

    Good.Co is the only company that solves this with a disruptive consumer-first approach--through social and viral quizzes, Good.Co has crowd-sourced what is now already the largest quantified culture & personality database in the world.

    Unprecedented levels of churn and employee-employer mismatch have created a $100 billion employee engagement & social recruiting market with solutions that have not caught up with the internet age .

    A gamified, employee-driven experience enables individuals to find their unique, 360-degree validated profile and FitScore™ with their workplace, manager and other contacts, in an experience best thought of as LinkedIn meets eHarmony.

    Today Good.Co’s database represents one of the largest psychometric databases in the world.

    The London Fund, led an Investment syndicate with Norwest Venture Partners and Cloud Power Fund.

    Sold to StepStone/Axel Springer 2016.
    Black Duck Software
    Exit
    Black Duck Software
    Co-founder and VP Product 2003 - 2005 (about 2 years)
    SOLD for $565 mm Nov 2017. Worked with the founder of Black Duck to help define the early product strategy for the company. The company offers software compliance management... more solutions that help companies govern how software assets are created, managed, and licensed. Co-author of United States Patent # 7,552,093
    Issued June 23, 2009 and co-author of other Black Duck Software patent filings.
    Delphi Internet
    Delphi Internet
    Employee
    Integrated Computing Engines
    Integrated Computing Engines
    Employee
    IBM
    IBM
    Employee
    Cambridge Technology Partners
    Cambridge Technology Partners
    Employee
    Razorfish
    Razorfish
    Employee
    Whisk
    Exit
    Whisk
    Advisor
    Good&Co
    Exit
    Good&Co
    Advisor
    Good&Co
    Good&Co
    Board Member
    Kingfish do
    Kingfish do
    Board Member
    Zypsee
    Zypsee
    Board Member
    Green Table
    Green Table
    Board Member
    coupond co
    coupond co
    Chairman and Founder 2020 - Present (almost 6 years)
    The world's first universal coupon system – driving smarter promotions through AI

    coupond™ drives revenue and speeds promo rollout for brands and retailers through... more its AI-driven promo management and optimization tools. coupond’s tech cuts time and labor by 75%+ from the current manual process of negotiating, scheduling, managing, and reconciliation of nearly a quarter-trillion dollars worth of promos between brands and retailers.
    engin sciences
    engin sciences
    Chairman and co-Founder 2020 - Present (almost 6 years)
    Companies struggle to find and retain successful hires for frontline and hourly employees.

    engin sciences incorporates decades of data science, psychographic, industry,... more and recruiting expertise to solve this costly ongoing problem with an engin – an easy-to-use, AI-powered software widget.

    The engin plugs into existing job boards, giving companies access to a virtual talent management system for hourly jobs, allowing HR managers to gamify the job application process on any site, quickly evaluating applicants, engaging and routing viable candidates to the jobs to which they’re best suited.

    Saving time and reducing churn, engin acts as a 24/7 virtual talent manager – saving companies thousands of dollars in HR personnel expenses.
    EdCast
    EdCast
    Board member and Investor 2018 - Present (over 8 years)
    Led the series C investment round.
    RevolutionWear
    Exit
    RevolutionWear
    Board Member 2010 - Present (over 16 years)
    The London Fund
    The London Fund
    Founder 2003 - Present (over 23 years)
    The London Fund operates as a traditional merchant bank and invests in IP-rich high-growth companies with a particular focus on emerging technologies. We advise companies... more with $1M to $100M in revenue on inorganic growth strategies, mergers and acquisitions, debt and equity financing, and IPOs.

    By actively partnering with entrepreneurs, The London Fund innovation lab combines several critical disciplines: marketing, product design, social marketing, financial structuring, IP strategy, and channel creation. This enables effective launching of products and technology we can identify, extend and defend.

    In addition, The London Fund's $1B INFLUENCE fund can boost growth by providing from $3M to $50M in early-stage and growth capital.
    solo sciences
    Exit
    solo sciences
    Founder and CEO 2017 - 2020 (over 2 years)
    Boston-based solo sciences provides next-generation anti-counterfeiting technology fused with a direct communication system between brands and consumers via solo*, its proprietary... more technology offerings, comprised of solo*TAG™ for supply-chain validation, a consumer-facing solo*CODE™ cryptographically secure trust mark, solo* mobile app, patented solo*ID®, and AI-driven backend system.

    The solo sciences mission is to build confidence and establish trust among consumers, while enabling retailers and distributors to close the loop with creators and producers. For more information, visit solosciences.com.
    Akerna
    Akerna
    CTO 2019 - 2020 (8 months)
    Served as Chief Technology Officer of the publicly listed company with the objective of integrating advanced technology from solo sciences into the broader Akerna platform.... more I stepped aside to focus on solo* and help drive the 100% acquisition of solo* by Akerna.
    Get Solo
    Get Solo
    Founder 2005 - 2013 (over 8 years)
    Removing the clutter in people's wallet one card at a time. solo*'s patented technology allows you to replace all the loyalty cards in your wallet with just one piece of plastic... more or mobile app. The only patented loyalty, coupon, and membership e-wallet. Author of United States Patent #7,624,925 Issued December 1, 2009, and United States Patent #7,950,580 Issued May 31, 2011. www.getsolo.com
    Trikona Capital
    Trikona Capital
    Managing Director 2005 - 2012 (about 7 years)
    Drove the infrastructure and private equity investment efforts for Trikona's $500+ mm public fund, Trikona Trinity Capital PLC, LSE: TRC.L; resulting in IRR's in excess of... more 30% and cash-on-cash IRR's over 70%. Simultaneously responsible for managing Trikona's global investment product development, marketing, fundraising and investor relations. Served as the liaising partner to investors and LP's in the firm's existing funds and to potential investors in several new Indian real estate and infrastructure funds with an aggregagte target in excess of $1.5 billion.

    Key investments include: Pipavav Shipyard, ITNL, DB Reality and Fortis
    PLEJ
    Exit
    PLEJ
    Founder and CTO 2002 - 2004 (over 1 year)
    Invented and developed a flexible payment/loyalty platform designed to help organizations improve customer loyalty, stimulate transactions and unify payment offerings without... more the need for costly infrastructure upgrades. Investors included: Draper Fisher Jurvetson New England (DLJ NE), CommonAngel, Navigator Technology Ventures and Tim Litle (founder of Paymentech, and Litle and Co.).
    Spydre
    Spydre
    Founder & CEO 1997 - 2002 (almost 5 years)
    Established a global hi-tech venture catalyst employing over 20 professionals focused on concept actualization, business development, marketing and technology creation. Grew... more client base to over 25 companies on three continents (Europe, North America, and South America), received over $8 million in investment from and formed strategic relationships with WPP Group (www.wpp.com), Merrill Lynch, and IBM while maintaining a profitable business model. Total portfolio with market cap in excess of 1.5 billion USD. Key Investments: Prospero, Vantage, Wallaware, Enflect, PLEJ, Black Duck Software and Get Solo.
    Wallaware
    Exit
    Wallaware
    Board Member 2001 - 2002 (about 1 year)
    Central Intelligence Agency
    Central Intelligence Agency
    Leadership Analyst 1990 - 1992 (over 2 years)
    Founder
     
    Employee
    Good&Co, Razorfish, IBM, Black Duck Software, Cambridge Technology Partners, Delphi Internet, Integrated Computing Engines, Central Intelligence Agency, Spydre, PLEJ, Trikona Capital, Get Solo, Akerna, solo sciences, The London Fund, EdCast, engin sciences, coupond co
    Investor
     
    Incubator
     
    Advisor
    Good&Co, Whisk
    Attorney
     
    Board Member
    Good&Co, Wallaware, RevolutionWear, Green Table, Zypsee, Kingfish do
    Mentor
     
    Member
     
    Acquired
     
     
    Education
     
    About
    Achievements

    Twenty years of global operational experience in building, integrating, and managing enterprises from concept through IPO. Managed a venture capital portfolio with a market capitalization in excess of $1.5 billion. Invested $150 million in Indian and Brazilian private equity transactions since 2006, resulting in $1.5 billion AUM and returns in excess of 30%. Serial entrepreneur with a number of high-profile exits. Actively participate in the global entrepreneurial community and specialize in sourcing transactions often unavailable to the broader investment community and ahead of institutional exposure. Hold patents in intellectual property licensing, consumer loyalty, couponing and payment technology.

    Describe the most impressive thing you've done.
    Skills
    Venture Capital Entrepreneurship Private Equity Start-Up CEO Fundraising Corporate Development Corporate Governance Loyalty Program Development Payments
    Locations
    San Jose Sweden Brazil India Los Angeles New York City Boston San Francisco
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